02-07-2019, 05:00 AM
(02-06-2019, 11:50 AM)Hintergrund Wrote: And meanwhile the stock market has recovered pretty well. Find some better explanation.
Maybe that have but it seems to me that this is a bear market rally. There are plenty of signs that the economy is in recession or about to be in recession. Truck orders falling off is a big clue that something isn't quite right. I will leave it as an exercise for the reader to find the others.
Democracy is the theory that the common people know what they want, and deserve to get it good and hard. -- H.L. Mencken
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises