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by koboll 1263 days ago
If it was truly 'inevitable' it would be priced in
4 comments

Firstly pricing it in doesn't to stop it happening. Even if it did, nobody knows which stocks, commodities, etc will be impacted by how much when. Then again assuming The Economist is correct not everyone necessarily believes this and so won’t factor it into their behaviour.
if that were a real dollar bill, someone would've picked it up by now.
Something being inevitable and everyone knowing that it's inevitable and everyone acting on that knowledge are three distinct things.
So which is it? And how have you acted look it?
Isn't the S&P 500 down like ~22% YTD?
Down -22% and PE ratios still hover around 19ish indicating that the market is expecting a soft landing.

If I remember correctly the market is expecting earnings of the SP500 to _grow_ by 5% next year

Who cares? It's all funny money anyway.