High growth scenario and medium growth scenario (Graph 2). I feel like an idiot asking - aren't we missing some, or at least one, scenario? Is "medium growth" for the next 4 years really the worst people can think of?
Essentially yes? The stock market operates entirely on the assumption that the lines will keep going up. As soon as they flatten the whole thing collapses onto itself.
> Is "medium growth" for the next 4 years really the worst people can think of?
At this point anything less than "medium growth" will crash the economy. We'll have bigger problems if that happens (think 2000 or 2008)
Hmm. Perhaps too similar to pre-GFC when the ratings agencies' models never accounted for scenarios where home prices went down at the national level.
Can't you see how much money is being pumped into this lunacy? Of course it's going to succeed. Graphs for failire are such a bummer too and are bad for the economy...
if growth doesn't materialize, then the infrastructure build out plays out exactly like the dot com bubble. the biggest difference this time around is the earnings. if those fall, the rest crubmles.
Financial news tends to be written for people who can fill in a lot of blanks themselves.