To: PeterPrinciple
As far as stocks are concerned, the stock indexes rise or fall for the most part, according to the earnings of the firms that make up the indexes. So for example, the Nasdaq is hitting record levels in part because Microsoft, Google, Amazon, Apple which make up a big chunk of the Nasdaq 100, had great earnings first quarter and are expected to have great earnings second quarter as well.
Stock market indices have nothing to do with inflation.
To: SmokingJoe
As far as stocks are concerned, the stock indexes rise or fall for the most part, according to the earnings of the firms that make up the indexes.
That is our perception but the reality is that it moves based on rumors, especially what the govt is going to do.
There is not much difference between stocks and lottery tickets.
Now, we all buy stocks because it is the only place to store our wealth, not many other options. But there are some.
60 posted on
07/06/2020 6:48:27 PM PDT by
PeterPrinciple
(Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
To: SmokingJoe
Stock market indices have nothing to do with inflation.
Do we have more money chasing the same or fewer stocks? That is inflation.
62 posted on
07/06/2020 6:52:43 PM PDT by
PeterPrinciple
(Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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