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> Which means that the market is 100% detached from the overall economy, economic outlooks, and company earnings.. again. 100% feels a little hyperbolus, but,
by wisemanwillhear 7y ago
> Which means that the market is 100% detached from the overall economy, economic outlooks, and company earnings.. again.
100% feels a little hyperbolus, but, in general, hasn't that always been true--hence the common phrase "The stock market is not the economy." The stock market only partially reflects on the economy.
https://www.marketplace.org/2019/09/30/the-stock-market-is-not-the-economy/ https://www.marketplace.org/2019/09/30/the-stock-market-is-n...
Why not retain or increase investments in stocks, and thereby propping stock prices up, especially if it's a long-term investment?