Comment on How is the Stock Market keeping it's value after *points to everything*?
finitebanjo@lemmy.world 2 weeks ago
A little while ago the entire market went red. If it’s doing well now then that’s only comparative to everything going on then.
That said, gutting regulations certainly will boost profits short term, if you care more about that than human life and happiness.
AlDente@sh.itjust.works 2 weeks ago
S&P500 closed at an all-time high yesterday. It’s not just up relative to a downturn.
finitebanjo@lemmy.world 2 weeks ago
US 30, DOW Jones, and NASDAQ all peaked a little higher in November-December last year. Crude Oil futures haven’t recovered from their 2022 high. USD to Euro is down since 2018 high and USD to GBP is down since 2016.
But yes if you look at charts going back over a decade there is a clear unbreaking “line goes up” trend.