SPX concerns - weekly all time highs

HFCS

Well-Known Member
Aug 13, 2010
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LA LA Land
Obligatory everyone is allowed to hate me because I manufacture products in China (as we all type on devices with at least parts made in china)...but some things in international manufacturing are INSANE beyond what is being reported.

The cost to ship a container of my typical products is 4x higher than it was in 2019, that's not even the freaky part. The freak out part is that these prices are not expected to dip until at least 2023. That's not return to 2019 level, just any downward movement.

I can't pretend to know how this affects the market at large, but it's every product, not just mine, and I can't see how it's not a scary negative thing.
 

clonehome

Well-Known Member
Jul 29, 2006
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The stock market has skewed heavily toward equities since the ‘86 tax changes that largely replaced defined benefit retirement plans with defined contribution. Every month tens of millions of Americans invest a chunk of their paycheck in a 401K account, mostly in equities. So IMO there is a consistent upward moving floor for equities. Then add in foreign investment and the Fed flooding money into the market the last dozen yards and we end up with a juiced market.

Add in the global economy’s dependence on ultra low interest rates and you’ve got further stock and real estate price pressure. Makes it really hard on new entrants to those markets. Today’s young people were coddled and screwed by their parents’ generation at the same time.
 
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