Posted on 12/21/2023 6:33:32 PM PST by davikkm
Algos don’t understand economic reality along with the laws if supply and demand.
The market where the magical symbols representing a real company reside, is a screwed up version of Tron, where computer programs are fighting each other, with the Fed representing Master Control.
(Excerpt) Read more at citizenwatchreport.com ...
Yes, in the Belief that Fiat Currency and Electronic deposits have the Represented Value.
Hilarious first sentence!
The stock market is supply and demand at any given moment in time.
Casino for 1%’ers.
It’s going to keep going up until the thermometer bursts and crash like a ton of bricks.
I’ve never seen such insanity before.
Back in my teen years, I would want what the author is smoking.
Yes you are correct. HOWEVER, insider trading by our Congresscritters and other shenanigans have distorted the natural course of things.
And Federal agency heads. People have NO idea as to the extent of the corruption yet.
It’s only approaching the value about 2 years ago. After adjusting for inflation, the value is about 17% less in 2021 dollars.
Hochul, Fetterman, Biden, Schiff, Ilhan Omar, Ocasio-Cortez, Swalwell, Whitmer, Katie Hobbs, Brandon Johnson, BLAH BLAH..
Our elections are as FAKE as the news media is FAKE as the current POTUS is FAKE as the stock market is FAKE.
Chapter XI
STOCK EXCHANGE AND
SPECULATION UNDER FASCISM
THE Berlin Stock Exchange still exists-as a building,
as an institution with large offices, with brokers and
bankers, with a huge organization for daily announcement of stock and bond quotations. But it is only a
pale imitation of its former self and of what a stock
exchange is supposed to be. For the Stock Exchange
cannot function if and when the State regulates the flow
of capital and destroys the confidence of investors in
the sanctity of their property rights.
https://cdn.mises.org/the_vampire_economy_20201022.pdf
“Casino for 1%’ers.”
Not really if funds are invested over many years and decades and left to grow in a diversified groups of funds.
It’s going to keep going up until the thermometer bursts and crash like a ton of bricks.
I’ve never seen such insanity before.
***************
Neither have I, the current valuations are ridiculous. However, “the bloat” in equities and real estate is still holding up.
It’s hard to know where we’re headed, after the US central bank sent out their schizophrenic messaging on interest rates a week ago.
The cheap money pimps want the cheap money era back, so they can burn up capital on more idiocy & unproductive endeavors.
And the even deeper FAKE is the idea that any of these people have the power to make even a single decision on their own.
The stock market are divorce from the realities of the economy. If they were to represent to current state of the economy, those markets would be at less than 50% of their current values.
Stocks are about buying low and selling high, but that does not represent how the real economy works; it used to represent the real values of the companies being traded (sold and bought)
You guys who heap abuse on ZeroHedge and Gateway Pundit: this Citizen (Broken) Watch Report is more deserving of your scorn. The writing itself is almost persuasive, until one considers the actual content.
Steaming pile of nothing from what I have seen.
People talking about a market overvaluation, but nobody is cashing out.
Insider trading is about the most minor of all influences. What isn’t minor are the artificial “supply and demand” spikes emanating from AI-based
black box trading platforms with nano-second response times. In no way do these reflect supply or demand conditions in the real world.
This is going to be shocking.
Insider trading makes prices more accurate.
Stock prices lacking all available info are inaccurate.
I know-shocking.
I’ve finally come to realize that our modern day version of “Bread and Circuses” is actually the Federal Reserve (a PRIVATE institution that has virtually nothing to do with the federal government) = The Bread part and the “Markets” = the Circuses, the distractions! So long as those two keep going up (ie, the printing of new $$$$$ in order to keep the “markets” propped up) the population can be kept relatively passive and harmless from revolting! I’m convinced that this is what’s been happening since the creation of the Federal Reserve and it’s been on overdrive since the late 1990’s! 🙄🤔🤨🤦♂️
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