The stock market going up to record highs when almost every sector of the economy is showing a recession? Nah that's not a bubble.
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But if it somehow develops one a lot of people are fucked.
End of conversation
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yathink?
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Shhh, my stocks are doing great don't ruin the party.
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Buckle up!
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Its a bubble propped up by the government these stimulus packages are ment to keep it afloat. Free markets require ups and downs not just ups.
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*Future Narrator “It was a bubble”
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I'm no economist, but when the alternative to putting your money in the market is like .01% savings interest then yes people will continue to buy up equities as a long term investment strategy.
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So the market also went down 35% in March. Meaning in absolute terms the market is 10% higher than it was in Feb. 2020. Ooooo bubble! Time to buy gold!
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