The difference this time around is quantitative tightening and increasing interest rates. If the Fed stays true to its word, then we'll remain in a bear market.

Bear market rallies are bound to keep happening as people's retirement funds get cash inflows and fund managers allocate a portion to equities.

Of course many of the future fears are already priced in, which is always the difficulty in predicting the markets. If you have confidence that it will get worse soon, feel free to bet against the market for a quick buck.

you can look at historic fed funds rate futures for a short overview of what 'priced in' looks like. long story short, markets are mispriced all the time.

You are absolutely correct. Problem is, no one knows to which direction!

"Priced in" is typically too complicated of a concept for the average HN commentator to keep in their head.

If you can find a way to go on life support for a little while - perhaps just shut down temporarily, then it will pay off, I think.

Over the next few months to a couple of years:

- Interest rates will keep going up and Quantitative tightening will happen.

- There will be a recession.

- A lot of people who resigned greatly will be broke and in need of work.

- Your services will be needed, and in a big way.

The person who finds what they love to do is rare, but the person who finds their calling is rarer still.

This is why more seasoned traders pay attention to trading volume. It is also how many players manipulate the naive traders into thinking a stock is crashing or booming.

> I’ll bet an engineer makes a better product manager than a siloed product manager with no engineering experience.

This depends on who the product's consumers are and how mature the company is. A skilled product manager uses the expertise of engineers to build a great product. Being an ex-engineer is arguably useful in a fast-paced small team like an early stage startup but it can also turn into an annoying (to engineers) liability in an environment where product and engineering responsibilities are defined.

> Also I feel like developers are a bit too self-centered.

Compared to whom (at Netflix) are developers (at Netflix) self-centered?

For additional context, here's a breakdown of water usage in California: https://www.ppic.org/publication/water-use-in-california/

People who criticize do it for their own satisfaction, rather than to actually help. Ignore it, unless you're looking for feedback.

As a counterpoint, for me light text on a dark background is easier to read than black text on a white background. Go figure. So much so that I sometimes create dark-mode CSS user scripts for sites that don't offer a dark mode.

For me it depends and I am not entirely sure I understand why.

I use a relatively dark blue/green background in VS Code, with light, low saturation yellowish base color for the code. Before VS Code I used the same dark color scheme for 25+ years in Emacs. But this is for editing code where I have a bunch of colors that have a semantic job to do. The colors are a bit easier to identify precisely against a darker background. And I don't actually read code per se - I scan and orient by shape (formatting) most of the time. So editing code is very distinct from reading.

For prose/text I find it tiring to have a dark background. Not least because people get the contrast wrong because they don't know that it is different for dark backgrounds. And from an aesthetic point of view it strikes me as a bit ... well, demonstrative and perhaps childish. I'm sure this impression isn't shared by everyone, but that's the feeling i get.

And then there's what you can make work on the web.

(Interesting observation: I'm a big fan of what Erik Spiekermann says about typography - yet both the book he wrote for Adobe ("Stop Stealing Sheep & Find Out How Type Works") and a book about him ("Hello, I am Erik") have horribly annoying typesetting. One has horribly ugly guillemets that look like someone has taken a metal file to the type, the other has type in white-on-pink, which ought to qualify for a severe paddlin'. Is there a rule that whenever someone tries to write something about typography, things go wrong? :-).

One possible explanation might be in one of Spiekermann's writings (can't remember where), where he emphasizes that "good tyography" isn't always the best choice because what people are used to plays a really big role. So a poor type can in some circumstances be better than a well designed type, simply because people are more familiar with it, so they'll have less trouble reading text typeset in the bad, but familiar, type)

If there's anything distinctly Canadian - truly, than the US, is that it is officially bilingual. Of course, almost no one in English speaking Canada can speak a lick of French because of how awful French language classes are - you can get an A yet remember nothing.

I mean what would be an example of art that would (naturally or contrived) express a Canadian point of view? What does an aesthetic shorthand for it look like?

- Paintings by the Group of Seven

- The music of Newfoundland and Cape Breton, Nova Scotia

- the writing of Nobel Prize winner Alice Munro

- the work of Métis artisans (clothing, decorative arts)

- music of The Tragically Hip

Thanks!

Hah. Thank you =). Great fun.