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To: pfflier

Maybe people have finally woken up to how bad these communists are for investing.


6 posted on 02/26/2021 1:53:53 PM PST by ProtectOurFreedom (Life is short, and work long, opportunity fleeting, experiments dangerous, and judgment hard)
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To: ProtectOurFreedom
Not at all.

What the last few days are telling us is that the stock market has not reflected any kind of sound business fundamentals in the U.S. economy in years. Its valuations are based almost entirely on the fact that it was a comparatively better investment than what was available with absurdly low bond yields.

This has been a speculative bubble driven by low interest rates for more than ten years.

16 posted on 02/26/2021 2:46:26 PM PST by Alberta's Child ("And once in a night I dreamed you were there; I canceled my flight from going nowhere.")
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