Highly Accurate Paul Krugman Prediction from Election Night

[Krugminator2]

http://www.nytimes.com/interactive/...-night-2016/paul-krugman-the-economic-fallout

It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?

Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear.

Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never.

Or make all time highs the next day. One of the two.

 

[timosman]

This guy should be a greeter at walmart

 

[UWDude]

It is so enjoyable watching the truth smash the experts.
However, I still expect the stock market to plummet once the new trade deals start taking effect.

 

[anaconda]

The markets have been going way up since Wednesday.

http://money.cnn.com/2016/11/10/investing/markets-stocks-donald-trump-rally/index.html

 

[luctor-et-emergo]

 

[hells_unicorn]

It is so enjoyable watching the truth smash the experts.
However, I still expect the stock market to plummet once the new trade deals start taking effect.

I wouldn't use the word "expert" in any close proximity to Paul Krugman, "quack" would be a more appropriate term.

 

[nobody's_hero]

This guy should be a greeter at walmart

Nah, they're qualified to be his supervisors.