/biz/ - Business & Finance

[Anonymous No.18778255]

It took DOW 5 years to climb from to record high 30k during most favorable time imaginable. Now we went through that in a month during literally pandemic with everything shutdown aka worst options for market. Explain without money printing.

[Anonymous No.18778309]

Thank you based money printer.

[Anonymous No.18778324]

Thank you based money printer.

[Anonymous No.18778451]

>>18778255
there will be repercussions.
nobody is talking about that.

[Anonymous No.18778515]

The stock market is literally correlated with the money supply since QE1

[Anonymous No.18778641]

>>18778515
and with interest rates so low, the money has nowhere to flow except into stocks. Thus creating asset inflation - that must be propped up at all cost.
Hoe could they not see this coming years ago?

[Anonymous No.18779592]

>>18778255
The only obvious explanation from an economic standpoint is that the shutdown is a "controlled burn" like you would see in a forest that is prone to enormous conflagrations. Even those with a neophyte understanding recognize there is a catastrophic economic event on the horizon. The rigging/corruption of the publicly traded markets and their microstructure, the dubious monetary policy of the past several decades, the even more nonsensical and self-serving fiscal policies, the social unrest, and so on. It's not good and it's getting worse. So rather than let the system in all its complexity oscillate and eventually blow up on its own, reaping the consequences of the conditions you fed it, you attempt to get in front of it and guide the way it blows up. You drain some of the fuel.

Now see the theme in our country is an ENORMOUS level of hubris in the face of uncertainty and complex systems. This is a little like Ian Malcom's speech in Jurassic Park. We have people that don't understand or (refuse to accept?) the fundamental lack of control we have over complex systems. Our brains can't even accept it. They start filling in the blanks to give us the illusion of control because we cognitively cannot handle the stress load of the reality of the systems we interact with. So rather than just accept they fucked up, the people in power are now trying to once again cheat the devil and demonstrate "aha! in the end we did have control after all! we are Gods!" They can't allow the illusion to come down because their status is predicated on the illusion that they have more control than everyone else.

They're building the fences, they're putting all of the safety measures in place, but life finds a way and when the economic Tyrannosaurus Rex comes barreling out of the pen and starts eating everyone they'll be rushing to get on their private jets and head to their private islands. The market going up in these conditions is like slapping the Fed Logo on a lunchbox.

[Anonymous No.18779645]

>>18778515
nico bully gf

[Anonymous No.18780150]

>>18778255
not buying the dip was one of the worst possible things i've ever done in my life