Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The S&P 500 doesn’t care about your politics is the bottom line.

So…you don’t know the answer. Classic MAGA, this has nothing to do with politics, but you can’t have a conversation without injecting it into everything even when you know nothing about the subject.

I’m a liberal. And no I have no idea why the market always goes up over the long term. It just does and has over recorded history. I do know that it doesn’t seem to care either way about who is in office. Point is - it’s not even a question worth asking and there are clear political undertones in original post.

Again, you are confirming what we already knew: you don’t understand the stock market and have no interest is discussing it. However, a great many people do like discussing it, particularly since they have 401ks. Your fácil response disqualifies you from participating in this discussion.

Anonymous wrote:Yeah, I'm not sure but my thoughts are...lots of corporations are still making money, lots of money. Raising prices and cutting expenses/jobs. Stock prices go up. Millions of people autoinvest into stock funds in 401(k)s, IRAs, brokerage accounts, etc. Financial planners say...don't pull out, ride it out. Think long term. So although many families are struggling, stock market is doing well. Like previous poster said, there are still wealthy people spending plenty of money as well.

This is a huge part of it. You see this on this forum all the time - boomers or gen X who have never made more than $200K HHI or whatever now worth many millions because they invested in a broad index fund for decades and didn’t panic during downtowns. Then you’ve got the Millenials and Gen Z (most dual income as well) making big money, and also saving like crazy in case the music stops. This all creates a relatively bulletproof top 10% or 20% or whatever that can continue spending even during downturns.