Anonymous wrote:
Anonymous wrote:Thanks a lot. I spent a lot of time rebuking the guy who always complains about TDS on here. TLDR stagflation is coming. Unemployment/ then the money printer. All along the way gold keeps rising. In three years stocks will have plummeted. Please don’t delete this post.
We didn’t delete the posts from April of this year when everyone was selling off their positions and predicting the second Great Depression when the S&P went below 5,000. We’re up 30% since then as we just crossed 6,500 (yet another record high).
You and all the current doomsayers were likely the ones that pulled out of the market then, lost a ton of money, and are now just trying to justify those decisions.
Anyone saying this stuff now was saying the same thing in April.
That’s because the market basically learned to shrug off the tariff off tariff on bipolar proclamations and stop believing them. Suppliers also planned months ahead of time to have a supply of goods stocked in warehouses to sell at pre-tariff rates.
Those supplies of goods have now dwindled. Tariff rates have pretty much been finalized at whatever they are 15% and so forth. Also, it appease the admin suppliers agreed not to pass on the costs of the tariffs to consumers, however now months later that’s clearly not the case and they are passing them on.
Container movements have dried up at ports. Prices are starting to increase. Layoffs are increasing. All the while gold has crept up. The only thing most likely keeping gold from shooting through the roof even higher right now is if the Supreme Court disallows Fed intervention.
So yes, does the stock market always rise based on its like 200 year history? Yes. Will it for the next decade? Most likely not. You are just too bullish and probably Fox News addled to understand what’s going on. There will be stagflation and massive market value loss. Additionally, the world is now changing its supply routes because why wouldn’t they? We are not as reliable a trading partner as we were. So I am not sure if that old adage to not bet against the S&P holds true anymore. international stocks have outpaced it.