/biz/ - Business & Finance

>>19413888
>They didn't recover for nearly 7 years.
Is that so?

>>19255467
The second order economic impacts of high unemployment are important. It could have far reaching influences on defaults, consumer spending habits, including discretionary spending, foreclosures, etc. This will all trickle up to listed companies that rely on these revenue streams. That is something that no amount of monetary or fiscal stimulus can fix in an organic and healthy way for companies and consumers or the national debt. Also, these are all common events that unfold over a year or two in recessions. Markets occasionally get disconnected from economic effects, but even a forward looking discounting mechanism will have to adjust valuations when the underlying economics begin to lower forward earnings potential significantly, which is exactly why so many companies have suspended forward guidance for the year. That is not optimistic. Don't get meme'd by the "priced in" shite. It's always "priced in" until it isn't.

>>19255516
They're right, but you have to time it properly.

>>19239099
VB (and RSP) have outperformed QQQ up until mid 2014 or so. Their broader downturn and under-performance with respect to VUG in the past year or two was your economic canary.