> Moody's forecast model for recession, which has had zero false positives, now predicts 49% probability of recession.
> Every time that particular model gets over 50 (50%) we've had a recession. And we've never had a false positive. Never has it risen above 50, and we've not gotten a recession.
https://www.moodys.com/web/en/us/insights/podcasts/inside-ec...
Isn't that a little broken? It says there's a 51% chance of it happening, and it always happens?
Though, personally, I consider the AI trade to be currently deep in the overripe bubble territory.
Trillion dollar companies, 100 billion+ club becoming crowded. All points in one direction. And it’s not a bubble that will pop, the citizens of the world will revolt.
Perhaps a little of each
Or, do they know the job report that did not come out this week is horrible and this is the insider pump before the dump? The Shiller price-to-earnings ratio has climbed to 40.08. Insanity like .com bubble.
https://www.msn.com/en-us/money/economy/the-credit-market-is...
"The overarching concern on Wall Street is that the exceptionally high valuations for corporate debt are concealing excesses in the market and insufficiently compensating investors for taking risks."
If you look at the reaction to the markets the last two days, it makes no sense, adn this is why. It is just investor insanity out there right now. Gold as well keep breaking record highs at the same time the stock market does. Again, makes no sense, unless you think the market is in a huge bubble.
I will bet there is a dump in bitcoin coming.