Why the f*** are stocks rallying....? I'm just so baffled. Futures keep shifting while realities remain mostly the same. Open hostilities are down sure, but there seems no hope of a resolution any time soon and the ceasefire ends in like 1.5 weeks... Then what?
20
PapaTahm5 days ago
+15
Market since 2020 have been completely irrational.
The thing is, the Market cannot stay irrational forever, it still is supposed to be based on actual market share value of real companies and their real operations, we will soon or later see a collapse on it's own weight, because it needs to maintain a connection with reality, wanting or not.
Specially given that we have all the metrics telling us that U.S is already in a recession, it's just that NBER takes from 6-18 months to give the official information "We are in a recession".
15
-drunk_russian-5 days ago
+7
We're heading to a repeat of 1929 aren't we?
7
Psilocybin-Cubensis5 days ago
+8
In short, probably worse.
8
-drunk_russian-5 days ago
+1
We're *allegedly* gonna need more Italian plumbers.
1
EndOfDecadence5 days ago
+3
There is a bubble that is in urgent need of a good popping.
3
HogwartsXpress365 days ago
+2
Then trump extends it by another 2 weeks..
Or he has his ships all in position to launch a big attack on Iran
2
xnmyl4 days ago
+1
Mega corporations can weather economic turbulence better than smaller companies
Most indexes are only the largest companies in the economy. Investors expect the enough smaller companies to go bankrupt giving more mega corporations a monopoly/duopoly
1
TonyAbbottsNipples5 days ago
The global economy shut down in 2020 and stock markets were hitting all time highs by the end of that year. The stock market is its own special thing, it doesn't really need to follow any logic.
0
External-Plastic-1545 days ago
+8
A shitty future is coming. A harsher, more miserable future is on the way.
8
xnmyl4 days ago
+3
3.4% down to 3.1%, with the possibility of it falling to 2.5%
No idea why they couldn't just say that in the article
13 Comments