Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

COHR 191.04

-2.5%

Jan 16 9:30 AM EST

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To: Kirk © who wrote (14261)	8/6/2022 1:41:43 AM
From: Sun Tzu	Read Replies (2) of 27068

So what happened to all the people who were working in 2019? I can't believe that we suddenly lost that many people or that the economy has drastically changed since then. What we are experiencing is a bullwhip effect as the combination of sudden shutdown and the stimulus misaligned various parts of the economy and made/makes them contract and expand out of phase with each other. Because of that, we have been having one-in-a-decade type events on monthly basis. And also because of that, I don't believe every normal statistic that say every time X happened then Y happens - especially if these stats are based on rate of change rather than based on absolute values.

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