this post was submitted on 05 Aug 2024
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[–] solsangraal@lemmy.zip 21 points 3 months ago (2 children)

they've been saying "there's a recession right around the corner!!!" for how many years now?

my prediction: when a recession finally does happen, they'll say "seeeeeeeee toldja!!!!!"

[–] minibyte@sh.itjust.works 14 points 3 months ago* (last edited 3 months ago)

On the blackjack table there’s usually a person, we’ll refer to them as the Mystic. The Mystic tries to call every next card coming out of the shoe before they see it. The Mystic is usually wrong and it’s hilarious. When the Mystic is finally and inevitably right (they’re bound to get it right once or twice) Mystic is absolutely insufferable.

[–] mosiacmango@lemm.ee 9 points 3 months ago* (last edited 3 months ago)

An old joke is that the best stock brokers manage to predict 10 of the last 2 recessions.

[–] Reverendender@sh.itjust.works 4 points 3 months ago

I’m ok if they keep panicking honestly

[–] xmunk@sh.itjust.works 3 points 3 months ago

Keep panicking - lets see if we can reset the market to some measure of sanity.

[–] MediaBiasFactChecker@lemmy.world -3 points 3 months ago (1 children)

The Conversation - News Source Context (Click to view Full Report)Information for The Conversation:

MBFC: Least Biased - Credibility: High - Factual Reporting: Very High - Australia
Wikipedia about this source

Search topics on Ground.Newshttps://theconversation.com/attention-jittery-investors-stop-panicking-this-is-what-a-soft-landing-should-look-like-236180
Media Bias Fact Check | bot support

[–] abaddon@lemmy.world 2 points 3 months ago (2 children)

Why does this bot constantly get down voted?

[–] Brown5500@sh.itjust.works 3 points 3 months ago

Because it's spouting misleading information from a probably well-intentioned but not well-executed website that seems to be super right-leaning itself

[–] finley@lemm.ee 1 points 3 months ago

Because some people don’t know how to block