/biz/ - Business & Finance

>>57337362
>The trailing PE ratio is 38.13 and the forward PE ratio is 34.01
Also pricing in the probably huge earnings coming this year and coming years. Not a terrible P/E.
>>57337373
Yes sir, it is. Price gouging and trimming the fat. Consumers are still nice and fat. The demand for US tech is quite literally at ATH and continues to increase. I regret so much not buying more in 2022.
>>57337377
Oh, then check this pic out

>>56912092
Bought a dildo.
>US consumer sentiment surged to 69.4, greatly surpassing expectations
One more shaft up the butt for bobo. It's actually impressive how well normies were able to adapt to the new higher prices. They literally do not mind. Meat is now 30% more costly than 2 years ago yet people are optimistic about the future. That tells me that people are just too rich. The Covid stimmies really did a number on the economy

>>56902023
There never was a QT to begin with. The big money is literally laughing at us as we thought the system would crash back in 2022. Nah, we pumping to new ATHs. It's still quite incredible how for example the NASDAQ100 isn't at ATH. How even? FAGMAN is setting new records

>>56886973
Give me one legitimate reason as for why the indices should not be at ATH right now? Record earnings and we are heading for a year with even better projected GDP figures. We are going to see another 20% across all indices next year. The money is printed up until end of 2022 is still there so why should stocks not be at ATH?

>>56871837
>Net interest payments are BIGLY down (>>56871600)
>Interest rates have and are benefitting big caps because of insanely cheap debt during ZIRP
>Money is still in circulation (ATH) and the restrictive policy has been a lie
>Earnings are insane and NVDA's forward P/E is lower than most other companies and they still project a huge growth
>Same trajectory for most other tech like AMD, Broadcom, MSFT, and so on
>Christmas rally
>Job market still insanely strong (participation rate)
>Consoomerism at ATH
>Great GDP growth
What more do you need to know? The economy is obviously fuckin fine and people keep consuming in pace with inflation and wage growth. Profits have skyrocketed after 2020 and despite experts' projections and doomsayings, they keep increasing (at least for medium sized companies and up, especially for mega caps). Bubble my big juicy well trained butt

Yepp, a few others have also pointed this out. Insanely bullish. Keep injecting that liquidity. Keep the printer on. The FED knows what they are doing.
Mega caps just keep being more and more bullish.
It's actually incredible how well this whole inflation was handled to appease normies. It's absolutely incredible how well they can juggle shiet

>>56837772
Damn, it's rare to see Norwegian/Danish people here.
Bro, instead of these idiotic trades, you could have simple bought MSFT and had ez pz gainz and without the stress. But then again, I guess trading is more about the adrenaline than the gainz themselves

>>56817967
Well, I am enjoying the ride for now. My country apparently already entered a recession yet the market keeps pumping so the general economy doesn't even factor into the equation. There's just too much money in the system and it ain't going away.
Unemployment would have to shoot really damn high up for the market to start caring. Company profits are also near ATH or at ATH (most big companies' profits are ATH). A big time recession would be necessary to impair the market

>>56809524
Literally does not matter as long as inflation is kept in check below 3%. If we get one bad month, they will simply say "not statistically relevant". After two bad months, then they will simply say "hikes are back on the table" but won't actually do anything.
This is just too tiresome. The policy is not restrictive at all and is only punishing the lower classes. Fuckin useless FED

>>56807141
Damn that long end of yields is dropping like mad. Once again, bobos BTFO. We finna pump fr fr lads. Yellen had to go easy and reduce the supply of the long end but still... I didn't expect such a major drop from 5% to 4.2%.
Btw, a quick thought I had now. Aren't recessions technically bullish right now? Provides a disflationary pressure, meaning we are all that closer to starting up the printer (not that it ever stopped but that's another matter).
Considering Sweden has now entered a recession, the index seems to be taking it rather well (it's in the blue right now). Then again, economy =/= market. The big money is still free to price gouge and it's Christmas soon

>>56789433
"Restrictive" policy my big juicy butt. The FED is so full of crap. Prop up the big businesses and let the middle and lower classes go to hell. Actually, that's not so bad right? Everybody benefits right? Wages went up by 5-10%, completely offsetting all inflationary pressure and price gouging right?
I seriously want to know how normies are this fuckin rich. How is consumerism still at ATH?