laurenceOfSuburbia@lemmy.world to memes@lemmy.world · 2 months agoIs today the day the bubble bursts?lemmy.worldimagemessage-square28linkfedilinkarrow-up1188arrow-down15
arrow-up1183arrow-down1imageIs today the day the bubble bursts?lemmy.worldlaurenceOfSuburbia@lemmy.world to memes@lemmy.world · 2 months agomessage-square28linkfedilink
minus-squaremarcos@lemmy.worldlinkfedilinkarrow-up41arrow-down1·2 months agoApparently, it has been bursting for a week or so. But if you want to take today as the official date, ok. The interesting thing is that the US didn’t even raise their interest rates.
minus-squarehoshikarakitaridia@lemmy.worldlinkfedilinkarrow-up12·2 months agoI don’t exactly remember but I think it’s because last time they did it, and scientific consensus is that made the recession last way longer. Wish I had a source for that…
minus-squareMakingWork@lemmy.calinkfedilinkarrow-up10arrow-down1·2 months agoS&P500 is still up year over year. What do you monitor to know that the stock market is bursting?
minus-squaremarcos@lemmy.worldlinkfedilinkarrow-up1·2 months agoWhat? That’s a vibes assessment of all the things. Do not go investing based on random internet comments.
minus-squarechocrates@piefed.worldlinkfedilinkEnglisharrow-up7·2 months agoReally? My companies stock shot up, and we have been doing terribly for a while
minus-squareBradleyUffner@lemmy.worldlinkfedilinkEnglisharrow-up5·2 months agoWe’re being run by morons. Please don’t take anything we do or don’t do as any kind of reliable signal.
minus-squaremarcos@lemmy.worldlinkfedilinkarrow-up1·2 months agoIt’s not a signal, it’s more of a cause. Things are happening and they didn’t even cause them.
minus-squareAceticon@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up2·2 months agoI hope so, but it’s still too early to know for sure if this the main event or just another temporary hickup.
Apparently, it has been bursting for a week or so. But if you want to take today as the official date, ok.
The interesting thing is that the US didn’t even raise their interest rates.
I don’t exactly remember but I think it’s because last time they did it, and scientific consensus is that made the recession last way longer.
Wish I had a source for that…
S&P500 is still up year over year. What do you monitor to know that the stock market is bursting?
Wallstreetbets, mostly.
What? That’s a vibes assessment of all the things. Do not go investing based on random internet comments.
Really? My companies stock shot up, and we have been doing terribly for a while
Does your company make guillotines?
We’re being run by morons. Please don’t take anything we do or don’t do as any kind of reliable signal.
It’s not a signal, it’s more of a cause. Things are happening and they didn’t even cause them.
I hope so, but it’s still too early to know for sure if this the main event or just another temporary hickup.