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Stocks rise, S&P 500, Dow and Nasdaq reach record levels, Bitcoin hits record $50,000
Yahoo Finance ^ | 02/16/2021 | Emily McCormick

Posted on 02/16/2021 8:53:14 AM PST by SeekAndFind

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To: xp38

You have a point there. That is the eventual state of our currency, unfortunately.


21 posted on 02/16/2021 9:38:26 AM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: cranked
...as the invisible hand holding a needle hovers over.....

You have that absolutely right.

22 posted on 02/16/2021 9:39:24 AM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: SeekAndFind

bookmark


23 posted on 02/16/2021 9:40:54 AM PST by GOP Poet (Super cool you can change your tag line EVERYTIME you post!! :D. (Small things make me happy))
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To: oh8eleven
On the other hand, I'm waiting for a market dip to buy VDIGX. Timing is just so, so ... everything.

How do you do when you go to Vegas? Do you bet on Craps or Roulette ?

24 posted on 02/16/2021 10:04:02 AM PST by DanZ ( )
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To: spokeshave

“all in the red now.”

Don’t lie.


25 posted on 02/16/2021 10:07:12 AM PST by TexasGator (Z1z)
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To: SeekAndFind
Right now from a traditional economics perspective this country is looking at the worst inflation it has ever seen sometime in the near future.

That inflation is going to be in two forms. The first will be in “too much money chasing too few good and services.” That is classic inflation. The second factor will be devaluation of the dollar internationally.

Under the Biden Administration you will not see the fighting to keep jobs in the USA. You will not see opposition to harming US businesses say by Global Warming treaties, or by allowing other countries to steal intellectual property rights of US companies.

Traditionally, when an investor sees potential for high inflation, they want to put their money into a portfolio of stocks, commodities (metals, collectibles, art), and real estate. It is my opinion that the “high stock market” is as much a function of future inflation expectations as it is a function of pure speculation.

26 posted on 02/16/2021 10:20:46 AM PST by Robert357
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To: Robert357

Gold still trending down.


27 posted on 02/16/2021 10:25:16 AM PST by TexasGator (Z1z)
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To: TexasGator
Gold still trending down.

UUP / $ going up = Gold going down - not sure for how long - possibly April / May and then a reversion ?

28 posted on 02/16/2021 10:29:53 AM PST by DanZ ( )
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To: DanZ
How do you do when you go to Vegas?

When I do go to Vegas, I go for military reunions. The only gambling I might do is with the slots.
29 posted on 02/16/2021 10:41:48 AM PST by oh8eleven (RVN '67-'68)
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To: SeekAndFind
as much as i hate google, anybody notice it changed how it displays results?

i hate it even more now

stock graphs are crap

30 posted on 02/16/2021 1:37:25 PM PST by Chode (Ashli Babbitt - #SayHerNAME)
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To: MeneMeneTekelUpharsin

Check out the divergence today between the Dow Jones and the Nasdaq.


31 posted on 02/22/2021 9:04:07 AM PST by TBall
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To: TBall

Yeah, saw that.


32 posted on 02/22/2021 7:25:29 PM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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