atomicpoet on Nostr: This article was shared on Lemmy, saying that BlackRock is predicting a recession ...
This article was shared on Lemmy, saying that BlackRock is predicting a recession “unlike any other”.
But that article was written in December 2022, literally at the *bottom* of a stock market downturn.
Since then, the market has gone up drastically. And we’re now at an all-time-high. BlackRock was sure wrong, weren’t they?
In fact, the “experts” are wrong all the time. At least, in terms of what they publicly say. 😉
https://markets.businessinsider.com/news/stocks/blackrock-recession-warning-stock-market-analysis-2023-economic-outlook-2022-12?op=1
But that article was written in December 2022, literally at the *bottom* of a stock market downturn.
Since then, the market has gone up drastically. And we’re now at an all-time-high. BlackRock was sure wrong, weren’t they?
In fact, the “experts” are wrong all the time. At least, in terms of what they publicly say. 😉
https://markets.businessinsider.com/news/stocks/blackrock-recession-warning-stock-market-analysis-2023-economic-outlook-2022-12?op=1