[Marxism] Correction? | Michael Roberts Blog

Michael Meeropol mameerop at gmail.com
Fri Oct 26 06:28:13 MDT 2018


But remember the old joke:  "The stock market has successfully predicted
seven of the last five recessions!"

On Thu, Oct 25, 2018 at 7:58 PM Louis Proyect via Marxism <
marxism at lists.csbs.utah.edu> wrote:

> *
>
> The US stock market turned volatile this week and has now erased all the
> gains made up to now in 2018 in just a week or so.  So much for Trump’s
> boast that things for rich investors have never been better.  The fall
> in the US market has been matched by similar drops in the European and
> Asian stock markets.  The all-world index has had its worst performance
> since the Euro debt crisis of 2012.
>
>
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