Dear TSP members,
I can't help but figure the present market conditions are due to other things that most commentators are saying. If there is a "reasonable" expectation that next year there will be a slowdown and in many "talking heads" opinions a possible recession (or 2020), couldn't it be that the market is simply pricing that in? It's like the "Blue Monday" effect or something similar (e.g. https://www.marketwatch.com/story/santa ... 2018-11-20
). If the market already is aware of something, wouldn't it get priced in? If so, then this present market is more likely correcting itself in regards to the next couple of years. This would (a) mean that the slowdown is likely to happen now, rather than later and (b) that the later might be better as now the bad is priced into the market.
Am I making sense here? It just seems like our daily pricing is going in an odd direction (I know some point to the ending of easy money, trade wars, etc.).