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/biz/ - Business & Finance

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20896883 No.20896883 [Reply] [Original]

Why stocks should be at ATH’s during a recession, unemployment levels higher than Great Depression, Historic GDP contraction higher than Great Depression, pandemic killing millions while half the global economy is shutdown

>Protip. You can’t. We’re in a bubble

>> No.20896937

You’ve got to think beyond the basics.

1) most people in tech and IT are still employed and have significantly lower expenses

2) stimulus money

3) US election valtiltiy

>> No.20896963
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20896963

Bubble pop soon. It will be glorious. Delusion and euphoria are peaking

>> No.20897096

>>20896883
>>20896963
we're in for a pop, then a lost decade of suffering

>> No.20897777

>>20896883
Stocks are mainly larger companies
Larger companies have the resources to survive
Larger companies are getting most of the stimulus
Their competition is dying and they're eating the market share (even though that market has shrunk due to recession)

>> No.20897883

>>20896883
Because even if stocks are losing value the dollar is losing even more value so stonk per dollar is still ath

>> No.20897912

>>20896883
when the bubble pops the crypto will moon even harder, its gona be beautifull

>> No.20897992

>>20897883
and this, as usual, is great for crypto

>> No.20898056
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20898056

>>20896883
pic related and it will be all over after the election

>> No.20898061
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20898061

>>20896963

I estimate the next month to be pretty explosive in growth, the biggest pump you'll ever see. And then it'll come crashing the fuck down once we get lockdowned again.

>> No.20898090

>>20896883

Yeah, we're in a bubble. You can make money in a bubble

>> No.20898880

>>20896883
sure I can. it's called record-high m0 with an anticipation that this will lead to (hyper?)inflation.
now, anon, tell me what happens to equities and commodities when priced in a hyper-inflating asset? that's right, they nominally moon, but in reality their purchasing power remains relatively unchanged.
now sit down, okay buck-o?