Since 2020 We Have Seen:
1. Inflation rise above 9% for the first time in 40 years
2. Second and third largest bank collapses in US history
3. Oil prices go from -$40 to $100+ in a matter of months
4. Fastest Fed interest rate hike cycle of all time
5. Least affordable housing market in history
6. Over $8 trillion in US Federal debt borrowed
7. Mortgage demand at its lowest since 1995
8. Total US credit card debt hit a record $1 trillion
Yet, all three market indices are entering all time high territory.
Is this the most resilient market of all time? $S&P 500 Index(.SPX.US$ $Dow Jones Industrial Average(.DJI.US$ $Nasdaq Composite Index(.IXIC.US$
2. Second and third largest bank collapses in US history
3. Oil prices go from -$40 to $100+ in a matter of months
4. Fastest Fed interest rate hike cycle of all time
5. Least affordable housing market in history
6. Over $8 trillion in US Federal debt borrowed
7. Mortgage demand at its lowest since 1995
8. Total US credit card debt hit a record $1 trillion
Yet, all three market indices are entering all time high territory.
Is this the most resilient market of all time? $S&P 500 Index(.SPX.US$ $Dow Jones Industrial Average(.DJI.US$ $Nasdaq Composite Index(.IXIC.US$
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Matt the Man : thank you Joe Biden
UCHIHA GAMBLER : Rigged 🫡
mmm : You forgot
Russia Ukraine war
Israel Palestine war
Yemen war
China recession
Argentina inflation
Goldmcduck : I blame congress just keep spending the American way!
bullrider_21 : Is it the most resilient? Or is the bubble going to burst in the months ahead?