Take a look at this chart and tell me what you see. The biggest pandemic in 100 years, and it only sets us back to 2017 DOW levels, haha. This is the most obvious dead cat bounce in history. The DOW is 100% going to 15k-16k
Lol @ people who think we have reached the bottom
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I’ve said this too for the past month. I’m getting so sleepy.
yeah faggot and i'm here making money must suck being you
BBBRRRRRRRRRRRRRR
imagine being scared of covid19.
The boomers in power will never ever let a crash like that happen.
Who's gonna stop them from printing an infinite amount of dollars to prop up the market for the next 50 years? That's right, no one. This market has only one direction and that's up.
the price doesn't have to reflect the reality of the economy, it is determined by the free market - buyers and sellers.
The biggest buyer in existence are about to enter, with unlimited money, only downside is depreciation of the purchasing power - which also in itself would drive the price higher.
We could see x10 from here within the next 2 year.
Why the fuck are you defending the bullshit manipulation by Fed by saying
>hurr I make money stocks go up
If you are part of the middle class you are literally losing money no matter if your stocks go up or not due to the insane money printing
I have bad news for you bobo. During the spanish flu, the biggest pandemic of last century which lasted from the beginning of 1918 to the end of 1919, the markets went through a 2 year long bull cycle. Only after the pandemic was over at the end of 1919 did the markets crash back down again.
>what is inflation
BRRRRRRRRRRRR doesn't matter still getting paid BRRRRRRRRRRRRRRRRRRRRRRRRRR
>The DOW is 100% going to 15k-16k
If you took a look at bond yields and interest rates, you'd see why the stock market keeps going up. If you don't want to lose money, stocks are basically the only options besides cash.
there is gonna be more sellers than buyers once people realized how fucked we are. You call it free market, but its not a free market when the fed pumps it artificially
why do you idiots think that the development of the stock market is in any way comparable to the situation today:
1.) it happened 100 years ago, the market structure slightly changed since then
2.) in 1918 there still was a fucking world war going on, which overshadowed the pandemic from an economic point of view
You cry like an indignant redditor
there still is shiny metal, which always acts as a save haven. However the Gold price did not increase in the same way as the stock market rebounded -> there currently is no Inflation
Fuck back off to r*ddit. Bottom was 23 march. Then people realized this is a nothingburger except for low info r*dditors who are sour because they are bagholding SQQQ and SPY puts.
>Losing 1% to inflation is worse than losing 50% on the inevitable actual crash
Something that doesn’t matter if you are a major corporate shareholder or politician.
Screencapped
Financials, oil companies and reits are going sideways you complete morons. Stop looking and indices that include tech stocks that are always overpriced.
Keep losing money on bad puts, retard.
>no war this time
>eternal tech stock bubble
So even stronger bull run this time?
Inflation doesn't affect you if you're the first person to receive the printed money.
Only poor people further down the line notice the increased money supply when it trickles down.
inflation won't occur if all the money is stuck in shares and bond senpai
>Losing 1% to inflation is worse than losing 50% on the inevitable actual crash
If enough big money movers conspire to not crash the market than there doesn't have to be a crash. Combine that with infinite brrrrrrr from the Fed, and you get a relatively "safe" stock market even as the world burns.
>that can't happen
lol
Check out this list:
macrotrends.net
Boomers had it incredibly easy during past recessions. They could just move into bonds paying anywhere from 6%-
*They could just move into bonds paying anywhere from 6%-14% interest while we're stuck with .62% yields. It's a totally different ball game. Blue chip stocks are the new bonds, and crypto is the new stock market.
>The biggest pandemic in 100 years, and it only sets us back to 2017 DOW levels, haha.
> I know more than all the rich, influential, well-informed actors in this market
Everyone with a brain knows this is a nothingburger, and the markets reflect that.
If you're still expecting a dump you're the definition of a laggard.
I work in high finance and EVERYONE thinks it's bullshit. Which it is, if you're numerate.
Respond to emotion/panic/hysteria: this is terrible
Respond to numbers/stats: this is nothing
Guess which type of person enters, and survives in, financial roles.
t bagholder
>Keep losing money on bad puts, retard.
I am not losing anything because I never short, and I never buy options. The more volatility, the more I make.
>Respond to numbers/stats: this is nothing
Surely you are joking. No way a retard like you would get a job in high finance.
How is there going to be inflation when the money supply is contracted due to a decrease in lending by banks?
How you even read any research papers on covid, or do you just guess on your gut feeling? If the later then stfu, you dont know shit
SP500 is back at Sept / Nov 2019 levels. Adjusted with the GDP drop we are occuring right now and the deflational phase, we are way beyond ATH. Kinda sick given the current situation.
>muh research papers
Kys WHO shill
nothingburger from a health perspective? I mean yes the mortality rate is low, nevertheless the virus has the potential to crash the healthcare system in case too many people get sick at the same time (see italy)
nothingburger from an economic perspective? GDP of all mayor economies are expected to go down and will probably not completely recover before YE 2021, which loss of 2 years of potential growth..
nothingburger from the perspective of the stock market? maybe yes, as money is fucking cheap
so the questions remains what you're doing in high finance? cleaning toilets? professional cock sucking?
>nothingburger from an economic perspective? GDP of all mayor economies are expected to go down and will probably not completely recover before YE 2021, which loss of 2 years of potential growth..
Only because of government policies. It's a virus that does not kill productive members of society. It does not kill children either.
It's literally a tech bubble.
A bubble in a bubble of a bubble, inflated by a bubble to creat the mother of all bubbles. Gottcha.
When collapse?
> works in high finance
> numerate
doesn't understand exponential growth
Its not the virus, its the catastrophic consequences of a stopped economy thats most scary you dumb ass, and no, its not priced in.
you do realize that politician will not let people who have voting rights? Especially old people are an imported group of voters. Politician are just not willing to lose this voter group
u lost the argument. ADMIT IT THAT YOU DONT KNOW SHIT. Just admit it
Were I to buy Amazon or Microsoft puts, I would lose all my money.
OK, but my point is that the virus should not affect all of the economy directly other than say boomer related businesses like travel/cruises/etc.