Timeline for Barring asteroid impacts, disease, natural disaster, war — Why would the S&P 500 crash to 700 before 2023, and remain under 700 until 2030?
Current License: CC BY-SA 4.0
7 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Dec 19, 2021 at 23:27 | comment | added | user91827 | @jamesqf You're correct. Willik's answer doesn't answer my question. | |
| Dec 8, 2021 at 3:38 | comment | added | jamesqf | @Willk: But a simple currency change like that doesn't really answer the question, since it specifies a crash. Revaluing the dollar shouldn't cause a crash, if done right. Compare to the Y2K disaster that didn't happen because a lot of people worked hard and fixed most of the problems beforehand. | |
| Dec 7, 2021 at 15:48 | comment | added | Willk | The crux of the question is that OP asks for a number value and implies it must be for an exciting reason. | |
| Dec 7, 2021 at 15:41 | comment | added | Justin Thyme the Second | @ jamesqf The crux of the argument depends of the definition of 'crash'. Is it a true devaluation in value, or just a change in the number and the units? | |
| Dec 7, 2021 at 15:28 | comment | added | Willk | @jamesqf - I appreciate your summary. Your observation is why my answer is the most likely explanation for S&P 700. It is like noting that jamesqf used to be 183 tall and now is 1.83 tall . HOW DID HE SHRINK?? Dr Shrinker is a possibility. The most likely explanation is that he did not but units were changed; "heavy lira" but the Italians are not poorer. The number value for S&P is a construct and if it changes drastically the most likely reason is that it was changed on purpose. | |
| Dec 7, 2021 at 6:12 | comment | added | jamesqf | That doesn't change the actual value of the stocks, though. It's just like quoting prices in Japanese yen instead of dollars. | |
| Dec 7, 2021 at 2:57 | history | answered | Willk | CC BY-SA 4.0 |