{"id":2332,"date":"2020-07-02T14:52:38","date_gmt":"2020-07-02T18:52:38","guid":{"rendered":"http:\/\/1db-blog.1db.com\/?p=1737"},"modified":"2020-07-02T14:52:38","modified_gmt":"2020-07-02T18:52:38","slug":"v-shaped-recovery-the-sky-is-falling","status":"publish","type":"post","link":"https:\/\/beta.1db.com\/?p=2332","title":{"rendered":"???? V-Shaped Recovery \u2194 The Sky is Falling ????"},"content":{"rendered":"\n<blockquote class=\"wp-block-quote is-style-large is-layout-flow wp-block-quote-is-layout-flow\"><p><span style=\"color:#122cd6\" class=\"has-inline-color\"> &#8220;I am very cautious about going against the herd; I am liable to be trampled on.&#8221;  \u2014<\/span><em><span style=\"color:#102ad1\" class=\"has-inline-color\">George Soros<\/span><\/em><\/p><\/blockquote>\n\n\n\n<p>Has the stock market\u2019s behavior been a resounding clarion call to anyone open to listening? Real investors, the intrepid souls with skin-in-the-game who are willing to take the risk, have been justly rewarded.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" data-src=\"http:\/\/1db-blog.1db.com\/wp-content\/uploads\/2020\/07\/image-3-1024x564.png\" alt=\"\" class=\"wp-image-1755 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/564;\" \/><\/figure>\n\n\n\n<p><em><em>Chicken Little<\/em><\/em>&nbsp;is a story about an anxious bird that gets hit from a falling object overhead and acclaims to no end, \u201cThe sky is falling; the sky is falling.\u201d&nbsp;Chicken Little\u2019s&nbsp;panic-driven message created widespread fear before the facts were ever counted. It is a narrative that sensationalists hold tight. Even some of the most respected minds are bellowing a perilous situation for Americans and the world order. They contend that financial markets are hanging by a mere Fed thread. Collectively, their words become the headlines.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><span class=\"has-inline-color has-black-color\">&#8220;Worst Recession Since the Great Depression.&#8221; IMF<\/span><\/li><li><span class=\"has-inline-color has-black-color\">&#8220;World faces the worst recession in 100 years.&#8221; Economists<\/span><\/li><li><span class=\"has-inline-color has-black-color\">&#8220;Expect worst recession in 150 years,&#8221; says former IMF chief&nbsp;<\/span><\/li><li><span class=\"has-inline-color has-black-color\">\u201cWorst recession in 300 years.\u201d Magzter<\/span><\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/operators.macro-ops.com\/wp-content\/uploads\/2020\/06\/ExplainingWisdom-1-1.pdf\">Michael Mauboussin<\/a>&nbsp;reminds thinkers of the inherent wisdom of crowds by way of&nbsp;<em>diversity prediction theorem,<\/em> teaching that when there is a vast diversity of individuals in a group, the error of the crowd is&nbsp;<a href=\"https:\/\/www.coursera.org\/lecture\/model-thinking\/diversity-prediction-theorem-rVbCg\">limited<\/a>. In other words, the self-anointed intellectual elite, who are published and venerated by the establishment, are likely to have the rug pulled out from under them if their message goes against the wisdom of the masses.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" data-src=\"http:\/\/1db-blog.1db.com\/wp-content\/uploads\/2020\/07\/image-4.png\" alt=\"\" class=\"wp-image-1759 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" \/><\/figure>\n\n\n\n<p>June\u2019s employment rebound does just that. 4.8 million hires were put back to work last month, and the employment rate jumped by 2.3%. Is this further confirmation that the crowd\/stock market has been the right path to follow so far? Americans love life and pride themselves on making a difference and working hard. The best is yet to come.<\/p>\n\n\n\n<p>Add to that \u2192 <strong><em><span class=\"has-inline-color has-blue-color\">for savers and investors looking for a modern way to invest,<\/span><\/em><\/strong> check out <a rel=\"noreferrer noopener\" href=\"https:\/\/beta.1db.com\" target=\"_blank\">1db.com&#8217;s<\/a> digital advisory solution, &#8220;where the masses invest like the classes.&#8221; \u2192&nbsp;<a rel=\"noreferrer noopener\" href=\"http:\/\/robo.1db.com\/brochure\" target=\"_blank\">robo.1db.com\/notice<\/a><\/p>\n\n\n\n<figure class=\"wp-block-embed-wordpress wp-block-embed is-type-wp-embed is-provider-1st-discount-brokerage\"><div class=\"wp-block-embed__wrapper\">\nhttps:\/\/beta.1db.com\/disclosures\/\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;I am very cautious about going against the herd; I am liable to be trampled on.&#8221; \u2014George Soros Has the stock market\u2019s behavior been a resounding clarion call to anyone open to listening? Real investors, the intrepid souls with skin-in-the-game who are willing to take the risk, have been justly rewarded. Chicken Little&nbsp;is a story&#8230;<br \/><a class=\"button read-more\" href=\"https:\/\/beta.1db.com\/?p=2332\">Continue<span class=\"hide\"> ???? V-Shaped Recovery \u2194 The Sky is Falling ????<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37,7],"tags":[36,38,39],"class_list":["post-2332","post","type-post","status-publish","format-standard","hentry","category-efficient-markets-theory","category-trends","tag-diversity-prediction-theorem","tag-efficient-markets-theory","tag-wisdom-of-crowds-and-market-efficiency"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>???? V-Shaped Recovery \u2194 The Sky is Falling ???? - Financial Advisors<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/beta.1db.com\/?p=2332\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"???? V-Shaped Recovery \u2194 The Sky is Falling ???? - Financial Advisors\" \/>\n<meta property=\"og:description\" content=\"&#8220;I am very cautious about going against the herd; I am liable to be trampled on.&#8221; \u2014George Soros Has the stock market\u2019s behavior been a resounding clarion call to anyone open to listening? Real investors, the intrepid souls with skin-in-the-game who are willing to take the risk, have been justly rewarded. Chicken Little&nbsp;is a story...Continue ???? 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