Hacker News new | ask | show | jobs
by losvedir 463 days ago
Hm, interesting article but I wish they had included global data as well. For example, stock market crashes in Japan and other countries. As I understand it, Japan still hasn't quite recovered from its crash more than 30 years ago.
2 comments

The US stock market has been an outlier for the last 150 years. Predicting that the US stock market will be an outlier for the next 150 years seems unlikely. A better predictor is likely global stock market performance, which leads to a much less rosy prediction.
Mostly because of the restrictive Plaza accord[1] and tariffs[2].

[1] https://en.m.wikipedia.org/wiki/Plaza_Accord

[2] https://edition.cnn.com/2019/05/24/business/us-china-trade-w...

Tariffs... sounds familiar.
I made sure I had Smoot Hawley on my bingo card for this year.