Or does it reflect the loss of the dollar value?
as long as the current regime continues to print fake dineros out of thin air, em masse, and pump them into the stock market.... there will be upwards price pressure on stocks
If there’s a huge crash next year the democrats will scream how the rich people on Wall Street didn’t get hurt but actually made more money. They’ll also remind them that when they got laid off and lost their health insurance, it’s the democrats who are trying to make sure everyone is covered. And the democrats will stay in power.
Is a stock market crash part of their plan? I don’t trust anyone.
Government QE money in MBSs
When a loaf of bread costs $3, even a dunce can tell our dollar is only worth about $.35 cents in 1970s money. The Fed has devalued our currency to the point where people can’t buy food if it’s not subsidized by the government.
Look at Twitter. $72+ a share and $40 billion value but has never made any profit and only millions in sales.
They committed stock fraud with claims of hundreds of millions of users. Caught using fake accounts. Just like Facebook which claims 900 million users. This is another scam for Wall street and the democrat party using kickbacks trading behind the scenes for themselves and soon to pull the rug out for those that climb on.
Remember the 1920’s with the stock market collapse.
I guess Blodgett is sitting in for Durden and Fleckenstein? Or are they both broke from their shorts?
Which means they will go up another 60%.
And they could go to 100+% overvalued
don’t fight the FED!
"Throw more money into Wall Street, bonds, and 401Ks! It's the only way!!! Hurry!!!!!!!"
Something about all of this makes me very, very nervous.
They are at least $75 billion per month overvalued that the fed is pumping in to the market every month. Let the good times roll until they don’t. Then bail the whole lot out after the crash.