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A comment on U.S. Stocks Rise After S&P 500’s Record Close. Parent comment

Re:U.S. Stocks Rise After S&P 500’s Record Close by axaxs on Wednesday August 19, 2020 @01:44PM (#24213403)
That's a bit of a simplification. Fact is, real estate is at or near peak as seen by slowing prices. The interest rate for any money vehicle is near zero. The stock market is the only place to stash it.
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Re:U.S. Stocks Rise After S&P 500’s Record Close by zzzzzzzza on Wednesday August 19, 2020 @02:28PM (#24214116)
the underlying asset of the stock market is in large part real estate/property.
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Re:U.S. Stocks Rise After S&P 500’s Record Close by cryptica on Wednesday August 19, 2020 @01:57PM (#24213615)
Also, banks tightened lending standards for real estate (commoners). My guess is that they didn't do the same for corporations. So all the money went to corporations... Probably stock buybacks; so it went to shareholders; tax-free too; and even when the shareholders decide to sell, they'll only pay capital gains tax, which is lower than income tax.

The stock market is a scam. A the biggest pyramid scheme the world has ever seen. CEOs who understand how the system works and willingly participate in it are criminals.

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