Owen Lucas
$100 Site Donor 2023
- Joined
- Sep 5, 2021
- Messages
- 3,625
Too low or too high?
*Investors Blog*
- Thread starter Warstud
- Start date
Fidelity. Cues from somebody. https://www.fidelity.com/learning-center/trading-investing/doesnt-look-like-recession
Could be why investors are buying the dip
They be parroting their rulers.
More like my drunken neighbor.
Hope he has more of that Ag, Au and Pt stuff. I like that.
LoL ... currently? ... when has it really ever been.
You've been skipping class haven't you. LOL
When has it really ... as a whole? We all know stocks fluctuate more on rumors than reality ... always been that way to some degree.
We just got over months of the Stock Market worrying what high inflation and higher interest rates are going to do to the economy.
After having watched this show for over 10 years. Apple will sell off tomorrow....just the way it goes.
For someone that doesn't have much money, doesn't want to risk it, yet wants something that keeps pace with inflation, look into buying a series I savings bond. The current rate is 9.62%.
Just got over?
This article was written over 2 years ago, and they were saying the stock market didn't reflect the economy then, nor did it many years before that. The stock market has been manipulated by day trading and the big players jumping on and off the pump and dump trading bandwagon. There have been many times when the market just kept climbing up and up when the real world economics were going in the opposite direction.
https://www.nytimes.com/2020/05/10/business/stock-market-economy-coronavirus.html
But the real world economy seems to be chugging along just fine. We don't have massive layoffs, in fact companies can't hire enough people - that's my biggest challenge right now.
13 years of basically flat/no stock market growth, regardless of what the real economy was doing. Yet 10 years of remarkable stock market growth (with some markedly ups/down like CV19) for the last 10 years regardless of all the chaos that happened in the economy since 2012. Maybe people were relieved that the world really didn't really end in 2012 like it was suppose to.
The stock market has never been the economy, but much of time generally follows the economy.
We are all part of and affected by our economy. And of course the economy is highly regional.
Regarding the stock market, 56% of American adults, or about 145 million people, own stock, but the vast majority own it through 401K accounts and the like. They do not know what they own; I think the average family (not individual) has about $40K in equities.
The wealthiest 10% of American households now own 89% of all U.S. stocks, a record high that highlights the stock market’s role in increasing wealth inequality.
$1M gets you into the 10% bracket.
We are all part of and affected by our economy. And of course the economy is highly regional.
Regarding the stock market, 56% of American adults, or about 145 million people, own stock, but the vast majority own it through 401K accounts and the like. They do not know what they own; I think the average family (not individual) has about $40K in equities.
The wealthiest 10% of American households now own 89% of all U.S. stocks, a record high that highlights the stock market’s role in increasing wealth inequality.
- The top 1% of Americans in terms of net worth alone hold 53% of stocks, valued at $21.71 trillion. The next 9% hold 35.1% percent of stocks, worth $14.16 trillion, per data from the second quarter of 2021 collected by the Federal Reserve.
- The next 40% of Americans hold 10.5% of stocks, worth $4.24 trillion.
- The bottom 50% of Americans in terms of net worth own 0.6% of stocks, worth $26 billion.
$1M gets you into the 10% bracket.
