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isuckatcoding | 4 months ago
M2 money supply going up. Dollar going down.
My prediction is we'll be at all time highs again a month from now.
isuckatcoding | 4 months ago
M2 money supply going up. Dollar going down.
My prediction is we'll be at all time highs again a month from now.
hearsathought|4 months ago
We've truly arrived at a strange time in history where a 1% drop is a considered a "dip".
> My prediction is we'll be at all time highs again a month from now.
If a global pandemic and a global trade war can't stop the market, seems like nothing will. The market will be bid up until whoever is in charge decides times up.
linuxftw|4 months ago
rsync|4 months ago
What will stop the market is the sudden realization (among retirees and near-retirees) that all of this AI bubble talk is relevant to their interests because their equity index exposure is actually 1/3 mag7 exposure.
They will, correctly, decide it is time to reduce equity exposure (possibly to zero, depending on age and situation).
This is, potentially, a recipe for a very abrupt and disorderly rush for the exit.