3 ms·

Buy the dip. M2 money supply going up. Dollar going down. My prediction is we'll be at all time highs again a month from now.

• hearsathought 1y ago
  > Buy the dip. We've truly arrived at a strange time in history where a 1% drop is a considered a "dip". > My prediction is we'll be at all time highs again a month from now. If a global pandemic and a global trade war can't stop the market, seems like nothing will. The market will be bid up until whoever is in charge decides times up.
  • linuxftw 1y ago
    Nasdaq lost 3.47% and SP lost 2.71%. That's more than 1%, obviously. Very large downwards move.
    • AnimalMuppet 1y ago
      20% is a "large downward move". 3.47%? Not so much.
  • rsync 1y ago
    "If a global pandemic and a global trade war can't stop the market, seems like nothing will." What will stop the market is the sudden realization (among retirees and near-retirees) that all of this AI bubble talk is relevant to their interests because their equity index exposure is actually 1/3 mag7 exposure. They will, correctly, decide it is time to reduce equity exposure (possibly to zero, depending on age and situation). This is, potentially, a recipe for a very abrupt and disorderly rush for the exit.