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Reply to "I am NOT complaining- But why is the Market still not significantly down?"
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[quote=Anonymous]I dunno man, I've been expecting the market to crash for two years now. I'm not an economist or financial markets guy so best guess is that while the job market is softening and layoffs are increasing some combination of chicanery, rate manipulation, and the proverbial "if coyote runs off the cliff he keeps going until he looks down" is keeping the stock market going while life is getting increasingly worse for the average American. Since AI seems to be crucial to floating the whole thing this trend may become exaggerated if AI ends up generating a ton of value and that value gets increasingly concentrated in fewer hands while everyone else gets more layoffs. [/quote]
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