top | item 45550376

(no title)

isuckatcoding | 4 months ago

Buy the dip.

M2 money supply going up. Dollar going down.

My prediction is we'll be at all time highs again a month from now.

discuss

order

hearsathought|4 months ago

> Buy the dip.

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

Nasdaq lost 3.47% and SP lost 2.71%. That's more than 1%, obviously. Very large downwards move.

rsync|4 months ago

"If a global pandemic and a global trade war can't stop the market, seems like nothing will."

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.