The internet often mistakes what the stock market tries to do. It looks forward based on available info (at least in aggregate) & the available info still shows an extremely tight labor market, high consumer demand, and sticky prices. There’s no concrete reason for it not to be stable
It can be volatile day to day, yeah. It does react to news (or what people think might happen, before events clarify). But you have to look at broader trends too. If you’re not a day trader you personally shouldn’t worry too much about day to day.
I agree it doesn't really matter because my investments are long term - but it is stupid to see how little things move day to day based on the ravings of a lunatic who wants to halt all global trade compared to how much things shifted over Democrats occasionally saying "perhaps life could be better"
I think that’s a natural extension of the long running phenomenon of people not taking Republicans ideas seriously. They say crazy stuff but people don’t believe it. Even when they should, for some reason people discount it anyway. Covid was I think the first time there were consequences
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