/biz/ - Business & Finance

Point is, here's the two cases for present bullishness and bearishness:

>Bullish
>the Fed can continue printing and lending money for the foreseeable future with no consequences
>it's okay for stocks to be valued based on their 2022 and later earnings
>the boom in home retail investing by people who treat stock trading like online poker is a good thing for the market
>promoted by millennial/zoomer Robinhood traders, r/wsb users, /biz/ users, and the financial MSM

>Bearish
>stocks are at absurd valuations, as measured by market cap-GDP and P/E ratio, and are already at or have exceeded 1929, 2000, and 2007 levels
>the Fed can't continue printing and lending money without detrimental effects to the economy
>earnings have collapsed for the year, unemployment remains high
>even with no second lockdown, people will be fearful of going out and spending their money
>promoted by Warren Buffett and other institutional investors who have been doing this for decades

You decide which makes more sense. But missing out on money is better than actually losing money.