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by anthony_r
1837 days ago
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Yup, it's literally just "being bearish". If you want to see people "being bearish" or "being bullish" just flip on the CNBC or something and listen. You either claim that the interest rate (or various risk premia) are too low, or that the estimates of future profits (for whatever reason, higher COGS, higher cost of labor, higher taxes, under-measured depreciation and higher capex, natural calamities, lower GDP and thus lower revenues, or really any other reason) are too high. |
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