The stock market and economy have parted ways
washingtonpost.com
The stock market and economy have parted ways
1–10 of 542 posts
Re: The stock market and economy have parted ways
#2More like YOLO, lets go market orders only boys DKNG rocket ship get on board.
Re: The stock market and economy have parted ways
#3I have no way to read the article, but I will nonetheless comment on the headline. You can't sensibly talk about the economy and the stock market at a time like this without also talking about current and expected future policy.
Re: The stock market and economy have parted ways
#4Related, "The Stock Market vs The Economy" by Ben Felix: https://www.youtube.com/watch?v=0ECqDaPjjV0
Re: The stock market and economy have parted ways
#5The page is archived at http://archive.is/uDZCq
Re: The stock market and economy have parted ways
#6The amount of friends I have that are out of work and posting screenshots of robinhood on ig and snap right now is wild. This feels like crypto 2017 all over again.
I suppose the difference is there is a real market under it all and retail traders aren't entirely driving this, but they're the ones left holding the bag when the curtain drops.
Re: The stock market and economy have parted ways
#7The stock market is a popularity contest. A simple mention on the news of a stock can create a buying or selling frenzy over it, and this has been the case for a long time.
Re: The stock market and economy have parted ways
#8The have parted ways because the Fed is buying lots more than just treasuries. There is so much money desperate for returns because interest rates are so low. That is why we have such inflated equities right now. It is a mental game: if people don't know the economy is awful, maybe they won't change their behavior and maybe it will actually get better before they realize it.
Re: The stock market and economy have parted ways
#9The amount of friends I have that are out of work and posting screenshots of robinhood on ig and snap right now is wild. This feels like crypto 2017 all over again. I suppose the difference is there is a real market under it all and retail traders aren't entirely driving this, but they're the ones left holding the bag when the curtain drops.
That's where the FOMO comes in. I, and many, many of my friends, missed out on Bitcoin in college.
Many of my friends are posting the same things you state on their social media, and are making it clear they won't be left behind this time.
Not sure what all that means, but it's fascinating.
Re: The stock market and economy have parted ways
#10The amount of friends I have that are out of work and posting screenshots of robinhood on ig and snap right now is wild. This feels like crypto 2017 all over again. I suppose the difference is there is a real market under it all and retail traders aren't entirely driving this, but they're the ones left holding the bag when the curtain drops.
Or real estate circa 2006. When your cab driver starts offering unsolicited stock tips, that's the time to get out.