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    A dangerous gap: The market v the real economy — The Economist, May 7 2020 edn

    @horsebiscuit We have 30 days of data, which is just not enough time to make an informed decision. Everyone is just taking a shot in the dark.
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    A dangerous gap: The market v the real economy — The Economist, May 7 2020 edn

    @veritasvii No, but youth will be four years older in 2024 and more boomers will be dead in 2024, not least because of COVID. On top of that — you had a number of very progressive candidates do quite well in the primary. Bernie is fundamentally an angry outsider, but his ideas dominated the...
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    A dangerous gap: The market v the real economy — The Economist, May 7 2020 edn

    @resjudicata They aren’t at risk because they are a monopoly — they are at risk because they are a FAANG which is printing money while 20% of the country has lost a job. Politics does not care for your (correct) bifurcation.
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    A dangerous gap: The market v the real economy — The Economist, May 7 2020 edn

    @horsebiscuit DJIA, yes. The Nasdaq closed at an all time high YESTERDAY. This is making people very angry. The markets are not pricing in the political risk of a new Sherman Anti-Trust Act which targets Big Tech. They just aren’t. Which... makes perfect sense, given that you have 80 year old...
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