Originally Posted by
BeatNavy
If you can accurately predict the downturns you would be making billions (with a B) on wall st. No data can accurately predict them.
Queue is saying a downturn may come, but not in the term in which we still have a great negotiating landscape. Voting this down doesn’t mean we wait 12 months, or 2 years. It could, but the company needs this done sooner rather than later.
I know, I'm arguing that he's wrong.
When you're in the early part of a cycle, I agree, it's impossible to know what comes next.
When you've reached the end of an economic cycle, and you have 164 years of data to compare it against, the chances of being an outlier in having the economic growth period last longer than any period of time in those 164 years is slim.
I'm not saying it's impossible for growth to continue past 120 months, but only because I have to say it's not impossible, in the same way that I have to say that it's not IMPOSSIBLE that Robin Hayes is actually God in disguise.
But really, I'm really saying is that it's impossible.