Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

A very slight discount? As of writing, the Nasdaq is at all time high and the S&P only 5% below. All this with depression-level unemployment.


Unfortunately the people that are unemployed because of all this aren’t (in general) that important to the economy. This will only further push class disparity.


Again, this just seems like a confused perspective. Market indices measure the expected future performance of large companies, not current unemployment rates.


In a consumer-driven economy, current unemployment rates are inextricably linked to the expected future performance of large companies.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: