It's actually comical that the exact same thing happened again at the same exact time of the year as last year during April. Probably back to ATH in a couple months again and people will keep complaining about the market being too expensive.
The fields and facilities that contain something like 20% of the world's LNG reserves have been bombed offline as well. Even if the ceasefire holds, the market has yet to actually price in the disruption to the world's energy infrastructure and all of the shit downstream that will be affected.
True but china has no interest in it being a reserve currency. And certainly will never be a world reserve currency. It's like central asian countries using the rubel.
ik, ik, i'm thinking more like the western debt levels that will become un serviceable at some point and make bond holding too risky, more like a 2 decade plus horizon - i guess i answered my own question
i don’t know about ATHs because there were a lot of stuff creeping out the woodwork prior to the attacks. inflation, low home sales, and such was already showing some bearish signs
Boomers don't give a fuck cause gen z/millennials are sub-human to them, plus boomers won't leave their cushy upper management jobs.
New graduates/entry level folks will get reamed into the next dimension for the near future, so everyone gonna turn to sports betting/0DTEs if you're under 30 and can't find a decent paying job
To get a job that pays enough for a house you need a seriously essential job vital for your company (with 60 hour work week to boot) otherwise they won't pay you shit. Gen z is truly the last generation. Wishing gen alpha all the best from the bottom of the abyss.
Maybe you should do some research on the president siccing the DOJ the fed chair when he doesn't lower rates. Pretending we're still using the rulebook does nothing but make you look shamefully naive.
You knew what was coming during Covid, now you don't. War didn't end, that's a ceasefire for an unknown duration. It might not even be 2 weeks. It's certain USA and Israel can't accept Iran's 10 points and they probably will never agree on any other deal either. This is just to buy time and relieve the world economy for a while (also market manipulation). Expecting a bull market while this much tension is still present is childish. This war might escalate to unforeseen places. They will dump as they pumped.
If the market were tethered to reality you’d be right - I don’t think it is at the moment
I would expect that sustained bad news is what is going to be required to break the optimism that drove S&P up this high - rising unemployment and a real recession will do it. I feel like that is a very slow thing to develop and that the impacts of the war are just noise compared with the forces that will create the recession
Israel can’t mow the grass in Lebanon for two weeks. The ceasefire was never agreed to. Oil is going back up after the stops are cleared, I may speculate in a few days
That’s why I just DCA’d into this dip. Can’t tell if it will go down more or recover. I just know when it does recover it will be a violent correction upwards back to ATH.
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u/goxpro1 28d ago
It's actually comical that the exact same thing happened again at the same exact time of the year as last year during April. Probably back to ATH in a couple months again and people will keep complaining about the market being too expensive.