from T. Rowe Price:
enator Warren sort of talked about a tax. That is sort of a tax on the system. All the money that the high frequency crowd is taking out--they are not taking risk overnight, they are flat every day, they never lose money--all the profits they are making are coming from someone else. That might be the longer-term investors, everybody in their 401(k)s, their 529 plans, et cetera. So, we are very concerned about intraday volatility and that is why we would like to see some pilot programs to examine, can we constrain that a little bit? Can we make the markets a little deeper, a little more transparent to bring that intraday volatility in, narrow it? We do not have the answer until we try. |
Tesla's stock is kept from going higher by shorts. It's the reason he is stoking WSB and GME. |
Tesla may be overvalued by assets and revenue for similar companies. But the value of it stock is determined by supply and demand. You are looking at the wrong thing. Yes it is overvalued by those metrics but if everyone wants it and does not care what they pay -- it will be higher. For years Berkshire Hathaway was under valued in terms of its break up value by at one point by more that $50 billion. That is not a stock market issue -- who is to say who has the right value. Stock market is willing sellers and buyers arriving at a price.
Stock market did go down with COVID. It came back for a few reasons: COVID has not been that bad for the economy for most people and certainly for most public companies; there is a lot of money that needs to go somewhere -- people have a lot to invest --- it has to go, and the fundamentals are quite good for the economy assuming we can get back to work. |
You are wrong. When people's recklessness and idiocy endangers our nation, it is time for regulation. Look at 2008. Look at 1929. Look at 6 Jan. People need regulation. Very few people are libertarians and I strongly suspect most so-called liberatarians would hate if they actually got what they are asking for. |
What would you regulate? What is the new regulation? 2008 regulation was foolish, not well thought out and did nothing real. Want that again? PR victory but that is all. |
If we never allow big money to fail it just gets worse. The potential fallout is contained according to the analysts. Just let it play out. We can tinker with the short versus long term capital gains tax rates, incentivize dividends over buybacks, decrease margin rates etc.but something drastic will cause more problems than it solves. The market is insane because there is nowhere else to put money. This is what happens when interest rates have been close to zero for over a decade. |
The plan does not seem to be working today for GME. WSB said Friday was going to be some big magic moment, and that never happened. They'll wear out soon. Days of anxiously watching the ticker go down and then up leaves them nothing to do but ponder what it means to their bottom line if they are the last to sell. |
It went to $450 on thursday night/friday morning. It was a big moment but a lot of the pressure was relieved by the forced thursday selling. It will wear out, you are stating the obvious. Everyone knows that and knew that. Those that are still holding generally did cash out some on friday. |
Whatever regulations Elizabeth Warren wants. She knows her stuff, and is for the common person. |
This is an argument that market bubbles do not matter. Even Alan Greenspan didn't believe that, an he is an Ayn Rand devotee. Alan Greenspan not only acknowledged that they matter, but he admitted that his biggest mistake was to believe that markets would regulate them. They didn't. The government controls the money supply. The government chooses to keep interest rates low. And therefore the government assumes responsibility for the secondary effects of that policy. |
Haha I don't have a dime in this. Your thousand perils missed. And way to go, you're shorting the market, just like the big boys. You're just mad they have more $$, not that they do anything wrong. |
I'm not mad about anything. I do what I do and I do it well. I just don't take kindly to your lies and distortions. |
I have told the truth for the sake of those who have been suckered into this ponzi scheme. Glad you are good at speculating. It seems like an important contribution to the economy. /s |
For the last ten years, you could literally do nothing and do it well. |
You seem to be either a complete shill for EW or are a troll because it is pretty well known she knows little about how the financial system works. |