2 ms·
There’s a lot of stimulus so assets are being inflated. It will pop at some point though and yea lots of people will get burned so don’t get too greedy on the r
by antoniuschan99 6y ago
There’s a lot of stimulus so assets are being inflated. It will pop at some point though and yea lots of people will get burned so don’t get too greedy on the ride up!
- PragmaticPulp 6y agoStimulus isn't entirely responsible for this. Stimulus is partially offset by COVID losses. This is a market mania at this point. Everything thinks stimulus is all-powerful at this point, but there's a lot of FOMO going on too.
- nine_k 6y agoSince everyone thinks that buying stock is a good idea, stocks grow, and buying more stock becomes a rational decision, fueling the flame even more. It becomes a self-fulfilling prophecy — for some time. A crash-up before a crash-down. Jumping off this train in time is what takes a real skill, not jumping on it.