This rally makes no sense
$SPDR S&P 500 ETF (SPY.US)$ market down, company profits down, mass layoffs happening. inflation STILL sky high, fuel still sky high, prices still sky high, FED still raising rates and not pivoted, WTF is going on here??
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鬼佬1998 : Ppi la bodoh
Cardinal-BagHolder OP : Ppi is trash is barely moved. Thats not enough to make these massive reverse swing. I smell govt pump
Master Corgi : The market still rallies even with rising interest rates. Just look at the past recession/inflation stats.
Cardinal-BagHolder OP Master Corgi : I have, this doesn’t follow history at all. Ive looked at the last 50 years. Our entire economy is smoke & mirrors and no one cares. We are so F’d its not even close to funny.
Master Corgi : Nah I expect a rally from here on now.
ElonBust : Mass layoffs, good ppi and cpi print, more than enough upside,
dwarrior : FOMO
小时代叶天 : this dude hold lots of put that's why