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Why does it matter? Every new beginning comes from some other beginnings end. Let the country sink to nothing. its the only way for new flowers to grow
But the DOW is up nearly 300 points today. No doubt you greatly want the stock market to fall greatly to help make sure Republicans get back Congress in November. I got money in the stock market, so I don't want it to fall. Call me selfish or greedy, if you want.
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I do not wish anyone misery. Democrats have done this to themselves (no one else) by idiotic fiscal policy. Of course people will vote against idiocy and a poor economy. Did you really expect people to support dems when their actions have reduced the wealth and prosperity of the nation???? We also have a market with a Schiller P/E and CAPE values that is over 2X normal valuations. That market was driven by these three tail winds:
low interest rates
massive QE
low inflation
Now we have the opposite
rising interest rates
rising inflation
cessation of Q/E
With grossly inflated valuations and these three headwinds, the general trend of the market will be lower. There will be up days along the way, but NO MARKET can increase against these headwinds, particularly when there is not enough money to drive demand at very high valuations. Keep in mind that emerging markets and European markets have not shared in the gross over-valuation of the US markets. Where will money go? As interest rates rise in the US, they will ultimately go to:
bonds after the valuation has fallen and interest rates are attractive
foreign equities that are not grossly over-valued
Democrats need to understand (of course, sans their normal cheating): Voters don't like policy and politicians who make them more poor and miserable. While dem policy makes the very wealthy richer, it ruins everyone else. THIS IS WHY THE DEMS WILL LOSE. THEY DID IT TO THEMSELVES.
I do not wish anyone misery. Democrats have done this to themselves (no one else) by idiotic fiscal policy. Of course people will vote against idiocy and a poor economy. Did you really expect people to support dems when their actions have reduced the wealth and prosperity of the nation???? We also have a market with a Schiller P/E and CAPE values that is over 2X normal valuations. That market was driven by these three tail winds:
low interest rates
massive QE
low inflation
Now we have the opposite
rising interest rates
rising inflation
cessation of Q/E
With grossly inflated valuations and these three headwinds, the general trend of the market will be lower. There will be up days along the way, but NO MARKET can increase against these headwinds, particularly when there is not enough money to drive demand at very high valuations. Keep in mind that emerging markets and European markets have not shared in the gross over-valuation of the US markets. Where will money go? As interest rates rise in the US, they will ultimately go to:
bonds after the valuation has fallen and interest rates are attractive
foreign equities that are not grossly over-valued
Democrats need to understand (of course, sans their normal cheating): Voters don't like policy and politicians who make them more poor and miserable. While dem policy makes the very wealthy richer, it ruins everyone else. THIS IS WHY THE DEMS WILL LOSE. THEY DID IT TO THEMSELVES.
We had the same Fed Chairmen all the way from Obama re-appointed by Trump, and Biden. The President has nothing to do with Monetary policy.
2021 markets closed up 20% or more I guess Biden and the Dems had nothing to do with that only when the market goes down it's their fault?
Corporate millionaires own 89% of all stocks. Regular people Just like the ones posting in this forum own 11% of all stocks.
THE STOCK MARKET IS NOT THE ECONOMY.
The stock market has been artificially inflated by the Fed's QE asset purchases and their artificially low interest rates.
That has been going on for well over a decade. Can't blame this all on Biden.
P.S. Biden is still senile.
Actually we can, that money was already in the system and it’s effects were known. Pumping what? 5-6 trillion India market like Biden did in 18 months?
Yes, we can and he is solely to blame
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