All despite a contracting economy by any measure, supply chain issues, massive unemployment, 2% gdp, china housing market collapse, terrible consumer sentiment, stagflation at 6%+, fed taper looming next week, unprecedented multitrillion dollar spending bills, free half million for illegals ...but the market says "This is fine.gif"
What is even more crazy than that. The YTD share price change in the last 12 months of the big Investment companies. BlackRock, State Street, Vangaurd, .. all up 50%+ in the last 12 months. How is that possible with lower labor participation and supply chain issues?
This is what is happening, but the school systems have systematically dumbed down the population, so they cannot think about more that 1 or 2 topics and logically correlate events together.
All despite a contracting economy by any measure, supply chain issues, massive unemployment, 2% gdp, china housing market collapse, terrible consumer sentiment, stagflation at 6%+, fed taper looming next week, unprecedented multitrillion dollar spending bills, free half million for illegals ...but the market says "This is fine.gif"
What is even more crazy than that. The YTD share price change in the last 12 months of the big Investment companies. BlackRock, State Street, Vangaurd, .. all up 50%+ in the last 12 months. How is that possible with lower labor participation and supply chain issues?
Hyperinflation and a currency collapse. See Venezuela. Stocks went up over 73000% in one year.
This is what is happening, but the school systems have systematically dumbed down the population, so they cannot think about more that 1 or 2 topics and logically correlate events together.
People are loving their 401k's under Biden. It makes the deadly vaccines more palatable.