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mwilbert.bsky.social
did:plc:metteb47if6pwuc4lfqbt27t
The fact that a number of market indices were at record highs yesterday suggests that many market participants aren't too nervous about anything. See Krugman's recent Wile E Coyote article. But also, the market isn't the economy--you can have good profits and people in distress simultaneously.
2025-08-29T16:13:54.603Z