3w ago

Here's a puzzling question: Why are stocks at record highs despite looming tariffs?

3w ago

Here's a puzzling question: Why are stocks at record highs despite looming tariffs?

8 comments

Because the stock market is not tied to reality anymore.
I'm not an expert but a lot of the U.S. has parts of their retirement (401ks) and such being auto invested into the stock market. So unless people actively go out of their way to remove their funds or change their investments to be going elsewhere (which many people don't even know how to do) the amount of money in the market tomorrow should be more than today, so long as anyone is going to work.
TACO
- I'm still not sure if it's Trump "chickening" out, or being "bribed" out, or just doing market manipulation, or just being demented. Probably a mix of all of those.
Everyone had figured out that Trump is bluffing.
The stock market is very old and easy to manipulate. It has to go, but what would be a solution?
- It just needs some adjustments to make it less like a casino and more like you own part of a business:
  Profitable companies must pay at least a mandated percentage of that profit in dividends to stockholders each quarter.
  No more day trading. If you buy a stock you cannot sell it for a year.
  Stockholder votes are binding. None of this “we’ll take it under advisement” nonsense.
  
  Ah yes, what we need to do is give more power to investors whose sole motivation is "line must go up".
  The disconnect between service and profit is the problem, not lack of control.

8 comments