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There's already been a pretty significant correction this year. Short of an escalation of the war or an unexpectedly aggressive interest rate hike, I find it ha
by coffeecat 5y ago
There's already been a pretty significant correction this year. Short of an escalation of the war or an unexpectedly aggressive interest rate hike, I find it hard to imagine that stocks might hit a lower low this year than the botttom we saw a week or two ago.
> I feel like the stock market has stopped reacting to real world fundamentals in any sense and just seems to continue its upwards march forever.
It'll continue its upward march until the factors causing the upward march change. What else are people going to do with their wealth? As long as the stock market remains one of the best places for investors to put their wealth, they'll keep buying equities and the prices will keep going up. Perhaps we'll see some stagnation or decline as the baby boomers retire and begin liquidating their retirement accounts.