Where’s the money going to go? China? I lot of business and money may be moving away from China, including from the Chinese themselves (for better or worse).
lol wut?
I cannot answer your question, but our IRA is doing quite well because of it.
The economy is coming back. A lot of money was on the sidelines needing a place to invest.
Wall Street is a leading indicator. It is likely translating the fact that Biden is going to get beat like Mohommad’s wife in the election, and we will not have to endure the stupidity he is pushing.
I would probably go to cash right now but it takes too much time, effort and courage.
Investors may be thinking that the chances of a Trump re-election have gone up, and that a Trump win will be better for corporate profits than a Biden win, but there’s no conspiracy involved to try to get Trump re-elected.
Investors buy and sell to make money, and for no other reason. Of that you can be sure.
I’ve been watching this for weeks, and especially after the Democrats convention; at that point the cat was out of the bag! Everyone who places bets knew everything they needed to know about them because Trump’s plan has always been in the open, only the Democrats was not. I think its safe to say there will be another 4 years of prosperity and winning, and when Trump gets the vaccine rolling, Katy bar the door!
Because there is nowhere else to put money where it can get any return.
The BIG money will get out the day before they let it fall to earth.
They may be pumping for a future dump.
I’m trying to figure out how to best hedge in case the Rats win.
I thought of buying a bunch of SQQQs. I’m pretty sure the market will crater about 20% if Biden were to win.
Do you have any ideas?
Weren’t we told Wall Street endorsed Biden? If true keep an eye out for a sudden crush probably in October...call it the October surprise!!
Americans are ALSO buying real-estate. Existing home sales in 2020 are running whopping 30% ahead pf 2019.
If not stocks, where can cash go? In CD’s paying 0.1% while real inflation is running 50 times higher than 0.1%?
The crazy FED has ZIRP (zero interest rate policy) in place. And the gov’t is shoving TRILLIONS of dollars in to the system. So stocks is the only game in town with SOME CHANCE to keep ahead of inflation.
Pump and dump for late October.
The big tech stocks are driving the market averages. Take those stocks out of the mix and the market averages would look much different.
The Fed printed many trillions. It had to go somewhere fast.
Are people eating less?
Are people consuming less goods and services?
Are people not working?
The answer to all three questions is a resounding NO
Many companies are having record profits. Nobody's going hungry. Everybody's buying stuff from Amazon.com and other online places. The delivery trucks are everywhere. Almost everybody's still working, except maybe at home instead of in the office.
Commercial real estate and restaurants are taking a beating. As well as the entertainment industry.
Most other industries are thriving.
Salesforce, Amgen and Honeywell added to Dow in major shake-up to the average
You want a crash? Vote RAT.