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Every time these disruptions happen people said we had hit a tipping point and it was going to be different this time. Not sure how this time is different.
by gsmaverick 14y ago
Every time these disruptions happen people said we had hit a tipping point and it was going to be different this time. Not sure how this time is different.
- Afforess 14y agoLook out the window. Dow at a record high. Unemployment in recession territory. Labor demand and economic growth are decoupled.
- YokoZar 13y agoThe stock market is not economic growth. A far simpler explanation is that investors simply expect things like the labor market to recover, which is exactly why the markets react dramatically when the monthly jobs numbers are released.