There's been a ~20% recovery from the low & I feel like we are months away from a lot more shitty bad news about the future that sends us to a worse low. The world economy & consumerism outran itself: the demand side now has a billion more buyers (good), the supply has a more middle-class work force (good), but this adds up to one first big crunch we have never invested or prioritized essential sustainability to surive/endure throuhh, and every political situation outside rare rare exceptions is vastly far to the right & toting individualism like crazy, keeping us from making wider wins to success. in heady high times maybe that made sense, worked but there's no band together, no practice left of optimizing & figuring out where strategically to make important wins. the social can-do has beem dymamited.
Some of this is deserved, inflated valuations, but wow, when stuff is going bad generally, the profit:earnings isnt that relevant, everything everywhere goes to shit together.
Some of this is deserved, inflated valuations, but wow, when stuff is going bad generally, the profit:earnings isnt that relevant, everything everywhere goes to shit together.