Skip to comments.Nasdaq Composite Index Rise Over 20 years
Posted on 04/17/2021 4:36:37 AM PDT by MeneMeneTekelUpharsin
This is a chart of the Nasdaq Composite Index over the last 20 years. It shows a phenomenal rise in the Nasdaq. Perhaps some Free Republic investors can provide insight as to how this is going to play out going forward.
Click here for 20 year Nasdaq chart.
Classic hyperbolic blowoff chart.
Like a huge wave about to crash on the shore.
I’m certainly only a beginner, but isn’t this what happens before a massive crash?
DOW, S&P, and NASDAQ at all time highs?
I’m still confused over housing prices.
Yes, we are due some kind of significant correction. Please tell me when this will happen.
It merely documents the rise of the FAANG-Fed-Deep State governmental system. This is the new Constitution.
Hope everyone enjoyed their profits.
LOL, that’s the secret to making a ton of money right?
It shows more clearly how the highs have become distorted over time. It is probably showing the true inflation pattern which the government tries to cover up. Wiser heads here could tell us, but many won't say a thing.
Totally worth it. Freedom was overrated...
What goes up must come down?
The link shows the last 6 months.
I haven’t heard that in about 40 years.
It’s called inflation. Duckduckgo M1 money supply and look at the chart of monetary injection into the system in the last year and over the last 10 years. If the Fed Reserve pulls back sharply we could get a massive crash, or we could simply be in the third inning of a wave of government printing we’ve never seen before with stocks and real estate being great hedges against inflation.
At this point there is nowhere else for people to put their retirement money.
As one who has definitely benefited from this 20-year run - at least with my retirement portfolio - I'd be a fool to predict where it goes from here. Anybody would for that matter.
But look around you. This long tech boom is not without substance. All of us are walking around with powerful devices (smartphones) with more computing power in our pockets than the entire NASA space program in the 1960s. The routine things we do with smartphones today was the stuff of science fiction just a few decades ago:
With the push of a button, I can tell you the airplane flying 33,000 feet over my head is an Airbus A330 enroute to Houston from Paris. With another push of a button, I can move $200 from my checking to my saving account. Now with a few swipes and pushes, I can order my coffee at Dunkin Donuts and pay for it. All I have to do is show up in a few minutes to pick it up.
I can instantly access pretty much every song or piece of music ever recorded. I can stream any one of billions of videos, old TV shows, movies, documentaries, etc.
Most of us can work from home effortlessly due to technology.
It did kind of sneak up on most of us but we are living in a science fiction world and the pace of technological change continues to increase rapidly.
For better or worse, our world today will seem primitive compared to the technologies that will be prevalent in just another 20 years.
The dow is a silly composition - only 30 stocks, the companies in the 30 change all the time, and its weighted not by market cap but by share price. S&P 500, Nasdaq, Russell 2k are much better indicators of how the overall market is doing than the Dow.
When Doge Coin or NFTs are treated and traded as something real, there’s definitely something screwy going on in the market.
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