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ianlivingston.bsky.social • 9 days ago

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Reposted from Riverdaleboy

New closing high for SP500.

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wxjay.bsky.social•9 days ago

Great for my retirement and investment accounts!

chuckmiller.bsky.social•6 days ago

Guess again!

wxjay.bsky.social•6 days ago

Eh, yes for today. But everything is on sale, so it is also good to get primed for the next run.

wxliz.bsky.social•9 days ago

How?!

coweatherman.bsky.social•9 days ago

The stock market is not the real world

subletteweather.com•9 days ago

That much is certain.

wxliz.bsky.social•9 days ago

Obviously.

hpbear149den.bsky.social•9 days ago

makes me wonder when the "Trading Places"-style run to the downside happens. who will be the traders who start the short selling? and what would happen if somehow someone or some group ever were able to disable the NYSE/NASDAQ circuit breakers?

ianlivingston.bsky.social•9 days ago

they're wealthy so screw everyone else

wxliz.bsky.social•9 days ago

Basically.

crownweather.com•9 days ago

21st Century Robber Barons.

wxandpi.bsky.social•9 days ago

Because so far the only things capable of crashing it are complete economic devastation and the bottom falling out of housing, apparently.

riverdaleboy.bsky.social•9 days ago

I only drink alone these days

benharris1.bsky.social•9 days ago

As we know stock markets are reflective of the anticipated future value of a company, I would like someone to explain to me how, during a period of the greatest uncertainty of my lifetime, markets are hitting record highs. It lacks any sense.

ianlivingston.bsky.social•9 days ago

guess they need to see the results of the huge hit to the economy incoming first. or disconnected from reality.

beccagrawl.bsky.social•9 days ago

I am no economist but I think they’re high on their own supply of bullshit.

robpitingolo.bsky.social•9 days ago

I keep thinking: the most obvious thing is about to happen and maybe I should just make a bunch of money betting on it? It's like the guy who saw the housing crash coming while everyone else was in denial. Super obvious in hindsight. Heads in the sand until it happened.

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