human1234 Posted August 9 Report Posted August 9 I’ve been getting more and more into stock trading and I’ve noticed something Like I get it. The US economy is trash. The thing should literally be in a Great Depression. Everything is just running on a debt death spiral. But… money is money. People want to make it. When that terrible job numbers came in and got revised did SPY care? Nope. It’s still going up. I think what’s going on is the world just has A LOT of money. It’s got to go somewhere. And unless something crazy happens, like the dollar is no longer the reserve currency, everyone is still just going to keep pumping money into SPY and QQQ. And thus, the stock market will keep going up. None of it makes sense. It shouldn’t be making sense. But the beast is so large there’s just nowhere else for it to go but up up up. https://www.reddit.com/r/economicCollapse/s/CjmVnKRkPp Quote
paaparao Posted August 9 Report Posted August 9 2 hours ago, human1234 said: I’ve been getting more and more into stock trading and I’ve noticed something Like I get it. The US economy is trash. The thing should literally be in a Great Depression. Everything is just running on a debt death spiral. But… money is money. People want to make it. When that terrible job numbers came in and got revised did SPY care? Nope. It’s still going up. I think what’s going on is the world just has A LOT of money. It’s got to go somewhere. And unless something crazy happens, like the dollar is no longer the reserve currency, everyone is still just going to keep pumping money into SPY and QQQ. And thus, the stock market will keep going up. None of it makes sense. It shouldn’t be making sense. But the beast is so large there’s just nowhere else for it to go but up up up. https://www.reddit.com/r/economicCollapse/s/CjmVnKRkPp he seems to be very beginner to working field. stock market is always works on speculation. job numbers low vochayi ani kinda padindi. but at the same time they are optimistic about companies performance (this is proved quarterly results) so stock market came back up. in fact 80% companies performed very well in US in 2nd quarter results. Quote
pushpa1 Posted August 9 Report Posted August 9 just be careful of scammers...there are everywhere.. Quote
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