5 ms·

This is a classic case of mixing up the "Economy" with the "stock market". The stock market and SPX is doing great for the last 5 days (and for nefarious reason

This is a classic case of mixing up the "Economy" with the "stock market". The stock market and SPX is doing great for the last 5 days (and for nefarious reasons, I should add). The economy can NOT be doing good. Interest rate is sucking up all liquidity, fed is in QT phase and China is dumping treasuries. Japan will soon start dumping US treasuries as well as soon as it drops YCC. fyi, US GDP only sky rocketed from "Durable goods" which mostly includes arms sent to Ukraine and Israel. Canada always mirrors US GDP and for one of the few times in history its GDP shrank (because they didnt supply arms). I dont want to get too political in this climate but we are rolling down a hill and Noah is like "we doing good. Look we so fast!"

xhrpost 3y ago
> and for nefarious reasons Could you elaborate?
- ganeshkrishnan 3y ago
  it's killing the shorts and the put holders. The stock market will rise for the next few weeks or possibly months before dumping and going lower close to 4k (or maybe even lower!) I wouldnt trust articles like this built on euphoria of one week's news. There are still deep structural issues that needs to be resolved.
  - dkrich 3y ago
    Short covering rallies have kicked off many’s a sustained bull market. There’s never one reason for a rally.
laidoffamazon 3y ago
Calm yourself, friend. Interest rates are about what they were during the dot com bubble, they're not extremely high (and for the record, they were extremely high when the Apple 1984 ad was made). Both the stock market is doing fine and the rest of the economy is doing fine by basically any measure you want. I think this is motivated reasoning on your part. There's no reason to want the US to fail (not that it ever will).
- hindsightbias 3y ago
  It’s really bizarre seeing all those people who yelled about free money now yelling about how there’s no free money anymore.

xhrpost 3y ago

> and for nefarious reasons Could you elaborate?

ganeshkrishnan 3y ago
it's killing the shorts and the put holders. The stock market will rise for the next few weeks or possibly months before dumping and going lower close to 4k (or maybe even lower!) I wouldnt trust articles like this built on euphoria of one week's news. There are still deep structural issues that needs to be resolved.
- dkrich 3y ago
  Short covering rallies have kicked off many’s a sustained bull market. There’s never one reason for a rally.

laidoffamazon 3y ago

Calm yourself, friend. Interest rates are about what they were during the dot com bubble, they're not extremely high (and for the record, they were extremely high when the Apple 1984 ad was made). Both the stock market is doing fine and the rest of the economy is doing fine by basically any measure you want. I think this is motivated reasoning on your part. There's no reason to want the US to fail (not that it ever will).

hindsightbias 3y ago
It’s really bizarre seeing all those people who yelled about free money now yelling about how there’s no free money anymore.