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Why the markets are bouncing

⊰ 2022-08-16 by ShaunO ⊱

"of the investing profession (a hundred years ago everyone in stocks was a degenerate gambler with a margin loan, now just half of us are) and the advent of massive retirement systems (a hundred and fifty years ago you died plowing a cornfield or got shot in the street over an insult – that was your retirement plan)."

If this sort of sardonic take on the economic world tickles your chops then you'll probably enjoy this article by Josh Brown :-)

Why the market is bouncing

[Original]


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