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2023-07-08 Economy

Retail investors are chasing the rally in the stock market. Here's exactly what they're buying.

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Posted by Besoeker 2023-07-08 08:25|| E-Mail|| Front Page|| [11124 views ] Top

#1 The US markets are a very weird place post-Covid. No one in the Biden Administration is helpful in understanding them. My favorite observation of the week was someone making the point that you can’t force all the businesses to shutdown more or less, relent at some point, and claim that as companies rehire people that the government is engaged in job creation.

Posted by Super Hose 2023-07-08 08:41|| 2023-07-08 08:41|| Front Page Top

#2 All that ‘printed’ money has to go somewhere- much is just buying stocks: stock prices are inflating just like grocery prices.

Posted by Glenmore 2023-07-08 11:29|| 2023-07-08 11:29|| Front Page Top

#3 Or playing the game - as the amateurs did on Gamestop and hammered the 'pros' trying to short it.

Posted by Procopius2k 2023-07-08 17:51|| 2023-07-08 17:51|| Front Page Top

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