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A comment on Ask HN: Why is stock market booming when the economy is struggling?.

Re:Ask HN: Why is stock market booming when the economy is s... by andrew_v4 on Wednesday April 14, 2021 @09:05PM (#26815073)
The valuations are in part a leading indicator of inflation, as governments print money. It's no good having cash, buy a stream of inflation adjusted revenue.

Also whatever the opposite of trickle down economics is. As more concentrated wealth chases investment opportunities, prices go up.

[ Parent | on HN ]
Re:Ask HN: Why is stock market booming when the economy is s... by alisonkisk on Wednesday April 14, 2021 @10:01PM (#26815410)
That's what trickle down economics is, definitionally: money being poured on wealthy people to spend.
[ Parent | on HN ]
Re:Ask HN: Why is stock market booming when the economy is s... by andrew_v4 on Wednesday April 14, 2021 @10:08PM (#26815450)
What I had in mind was money being given to the masses through covid related benefits and then quickly concentrating into the hands of a few.
[ Parent | on HN ]