50% of the money supply was printed over the last 2 years. A majority of that money went into assets that caused a massive bull market despite depression level economic activity. However, the recession already hit… just because we printed our way out of it doesn’t mean an economic cycle didn’t occur and the clock for recession didn’t start over. Are asset prices high? Yes. BUT THE MONEY SUPPLY IS increasing not decreasing. Asset prices will continue to rise. Cash is not safe and neither are T bills or crypto. Assets produce or provide a service / product that meets a need or want. Owning a portion of that asset (house, company etc) is the only safe place to store your money at the moment. If one fiat currency or crypto goes bust that asset can be sold in another. Economic activity is good. Debt loads are historically low. Market is absorbing massive interest rate hikes with only small hiccups. Bull market is just beginning both from a timing perspective and fundamentals support it. All bears are very regarded.$SPDR S&P 500 ETF (SPY.US)$$Invesco QQQ Trust (QQQ.US)$$Nasdaq Composite Index (.IXIC.US)$$Dow Jones Industrial Average (.DJI.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
73172835
:
I think you are forgetting to see what is right in front of your eyes. Recession is not over bud. We are in the middle of it. Keep that hopium going.
好好学习股 : I still have a lot to write about the collapse
i short the sheriff : TOTALLY AGREE
73172835 : I think you are forgetting to see what is right in front of your eyes. Recession is not over bud. We are in the middle of it. Keep that hopium going.