Bad news for the economy. Market is going to new highs today
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> Market is going to new highs today
The top 1% in American own more than 50% of the securities. Using the stock market as any sort of proxy for aggregate quality of life for all Americans is like saying "Everyone must be doing great, caviar sales are through the roof!"
There is zero rationality in the market right now. Making good money on short term options but man this doesn’t seem “right”.
Just looked at the stock and options for Boeing. Going to sit this one out. I would normally be ordering a put/short with this news, but the way things are going wouldn’t be surprised to see their stock rise.
Nothing makes sense.
You probably stopped checking that thread by now, but I finally replied to your comment from the day before yesterday:
pRiCed iN.
I joke, but also, I throw my hands into the air and say, "damn, I honestly have no idea how this all works, best just stick to target date mutual funds."
Free money has to be put somewhere.
the worse the economy is the more Fed will intervene and the higher the market will?be. same thing happened back in previous QEs.
I will continue to refrain from looking at anything the Fed might be doing. I already have enough on my plate to worry about.
Boeing is in the worst-performing segment of the economy for the foreseeable future.
less jobs == less cost
great news for people flying around