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I think there's just nothing better to invest in right now, and wealthy people have a lot of capital. With things how they are in Hong Kong maybe there's even m
by Wohlf 6y ago
I think there's just nothing better to invest in right now, and wealthy people have a lot of capital. With things how they are in Hong Kong maybe there's even more capital flight out of China because they see the writing on the wall.
- bobsoap 6y ago> I think there's just nothing better to invest in right now I think this might be the biggest reason. With B&M falling like flies left and right, people are shifting their investments. I don't think it's limited to "wealthy people" either. I'm sure the Fed's buying spree/inflation is a factor as well, however. Interesting times.
- albertop 6y agoAgreed. I think this is still the case of: “Bears swimming in liquidity”