"Given how important the well-to-do are to spending and the economy, and the importance of surging stock prices to the well-to-do, it is critical to consider the durability of the runup in stock prices."
I assume they are saying that 20% is why the stock market looks good. The other 80% looks bad then. Stock value at this point not a true value of what is there, but rather the imagine idea of what is there. Always was, but now greatly exaggerated. It wouldn’t even be possible without the internet with echo chambers. The whole world economy is so built on sand.
I assume they are saying that 20% is why the stock market looks good. The other 80% looks bad then. Stock value at this point not a true value of what is there, but rather the imagine idea of what is there. Always was, but now greatly exaggerated. It wouldn’t even be possible without the internet with echo chambers. The whole world economy is so built on sand.
Exhibit a, Gamestop.
eh, it’s moreso that the US stock/futures markets are literally designed to create and pop bubbles. it’s working as designed.
Ok, but that implies that these pop before they are huge and can take down the economy. It is currently failing to. So, not quite like as designed.
nah, just takes time. japan carry trade and QE is what props the market up, carry trade is unwinding as BOJ raises rates.
eventually QE will be pulled, that’s when all the speculative shit/overpriced blue chips drop like a rock.
look at april of last year to see how far things go when the momentum algos turn off