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It being a certainty is wrong, but there is a huge differential between the growth of total market value and the lackluster fundamentals, GDP growth, and jobs n
by legitster 1y ago
It being a certainty is wrong, but there is a huge differential between the growth of total market value and the lackluster fundamentals, GDP growth, and jobs numbers.
To put another way, there's a lot of "potential energy" being built up in the markets right now. That doesn't necessarily mean they'll pop like a bubble - but there's really no precedent for them to continue rising.
- 0cf8612b2e1e 1y agoThat pre-tariff stockpiles have been depleted is going to make some hidden pain more visible.
- WheatMillington 1y ago6 months ago you could accurately say there's "no precedent for them to continue rising". You may be saying the same thing 6 months from now.
- legitster 1y agoIt could be true that the market can continue to grow well past 15% above fundamentals for the indefinite future. But the more it goes up, the more improbable it becomes. If you've flipped heads three times in a row, you're right that I would look foolish saying the next one can't be heads. But at the same time you cannot keep flipping heads forever.
- bdangubic 1y agotrue on all accounts but comment like OP made is ridiculous. to say “for sure XYZ will happen to the market by this date” is childish/funny/insane. to say “eventually” there will be a correction is similar cause of course there will be. so all this talk about bubble and other shit is just nonsense all around