Re:U.S. Stocks Rise After S&P 500’s Record Close
by boring_twenties on Wednesday August 19, 2020 @01:25PM
(#24213103)
Did you not notice the trillion or so dollars added to the money supply since March, with 2-3 trillion more expected over the next couple of months?
Re:U.S. Stocks Rise After S&P 500’s Record Close
by jarym on Wednesday August 19, 2020 @01:28PM
(#24213164)
People get so upset when the monetary expansion is pointed out. S&P is headed to 4k within the next couple of years as the monetary expansion shows no sign of changing.
Re:U.S. Stocks Rise After S&P 500’s Record Close
by boring_twenties on Wednesday August 19, 2020 @01:48PM
(#24213478)
That's a funny way to spell "months"
Re:U.S. Stocks Rise After S&P 500’s Record Close
by riffic on Wednesday August 19, 2020 @01:28PM
(#24213159)
I'm not ignoring it, everyone else has commented about that so I have no need to repeat it here.
Re:U.S. Stocks Rise After S&P 500’s Record Close
by boring_twenties on Wednesday August 19, 2020 @01:55PM
(#24213590)
Then why are you acting surprised that stocks are going up, even going so far as to call it "stupid?"
Re:U.S. Stocks Rise After S&P 500’s Record Close
by riffic on Wednesday August 19, 2020 @03:25PM
(#24215018)
read Taleb. This is extreme fragility, not antifragility.
Re:U.S. Stocks Rise After S&P 500’s Record Close
by DoingSomeThings on Wednesday August 19, 2020 @02:20PM
(#24213965)
Given this as the reason, does that mean valuations will plummet once that supply slows down? If the best bet now is "things will keep growing while money is being pumped in", how does that balance out in the future?
Re:U.S. Stocks Rise After S&P 500’s Record Close
by boring_twenties on Wednesday August 19, 2020 @03:10PM
(#24214790)
Things don't need to "keep growing." The nominal value of the market can continue going up even as its real value goes down.
Hypothetical example:
Today, SPY is 339 and DXY is 92.82.
One year from today, SPY is 500 and DXY is 45. Is this valuation higher or lower than today's?
This is stupid. nothing's real anymore.