The Steross Market and Investing Thread
- Thread starter jobob85
- Start date
Stillwater Townie
Ranger
Anyway, it's amazing how nearly all European stock markets returned better than the U. S., considering there is war between Russia and the Ukraine. And Trump brags how good the U. S. is doing.
AI is a massive bubble at this point. When it pops, watch out.
Or is it C a correction comes regardless.
Or d the market has disconnected from fundamentals and is consumer driven through broader access/more activity.
Going all the way back to Trumps first term te market has been overvalued based on everything that was true about the market before the 2019 avg would be close to 26.5K……markets change but when you look at the performance through Covid (after a roughly 25% very short correction) then look at the performance through completely different political environments you either have to throw the fundamentals out the window for good or this thing has to correct violently at some point. 47,888 today…..the market is up 80% form it’s red hot 2019 average? That’s crazy when you consider at a minimum 2 of those years an huge part of the world was shutdown. If you want to claim it’s Trump then explain Biden if you want to claim it’s Biden then why haven’t we crashed. It’s disconnected entirely. It doesn’t care about interest rates anymore, the jobs reports are so bad they don’t matter consumer index fluctuations don’t move it meaningfully debt numbers for individuals or banks aren’t slowing it down. So there is either so much personal trading money/automatic 401K institutional like trading now that the old fundamentals are all wrong and it’s now just a me against you casino or this bubble has to pop. Y’all know me I’m a doomsayer on the economy but I’m leaning hard toward the casino because we are 6 years and global pandemic late for a value correction. 80% gains through a global pandemic, nuclear capable countries at war on two continents, the worst fire season in decades, massive flooding/hurricane disasters, the largest winter storm on record warping energy markets, the international pipeline that feed Europe its gas being intentionally destroyed, two completely different political agendas in office, multiple quarters of bad real estate numbers, massive devaluation of commercial leasing, record inflation, 4 + now years of a stagnant job market, loss of real wages,, nationwide store closures of publicly traded chains, hospitality sector troubles, airline sector trouble, supply chain chaos, 100% tariffs today 0% tomorrow ……up 80% that’s not based on reality.
