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you can track reddit meme discussions with sites such as
https://memestocks.org/
and other similar sites to find most discussed stocks
I'm personally staying away from the US stock market for this time.
Let's say if a large number of Americans do put their cheques in to the stock market surely that's got to be some cause for concern. With an economy valued at 21trillion? (Quick summary) and a stock market valued at 81 trillion? (Quick summary) what are the expectations of US economy in the coming years.
Surely this needs to level out at some point.
Nothing fruity about your judgement, Lemon.
Don't blame you, it's a long way down to the trend growth rate from where we are today:
https://www.advisorperspectives.com/...et-performance
SP500 back touching all time highs. Nasdaq lagging well behind (due to the much larger pullback), but looking positive that this has been healthy sector rotation and weekly/monthly consolidation. I expect a rotation back into tech.
I expect the rise in bond yields was just a one off shock to the market. The first time something happens is always a shock, but after that the market no longer really cares.
fed leaves its decision as business as usual.
Fed sees stronger economy and higher inflation, but no rate hikes
https://www.cnbc.com/2021/03/17/fed-...ate-hikes.html
should keep the markets happy for longer. and said during q@A the say something about the SLR in a few days so hopefully good news
In NZ not such a pretty picture ... were in a recession again
Recovery falters, NZ probably in recession after surprise 1% drop in GDP
https://www.stuff.co.nz/business/124...-1-drop-in-gdp
lucky the retail sector and esp house building and prices are going up or holy moly we might be in a depression now instead of a recession and no sign of a post covid plan to re-inight the economy in the new world. cause its not going to be exactly the same when things get back to normal one day.
US bonds pressuring stocks lower today. I see the bonds have broken back into there 10 year range of 1.36 - 3.05 so maybe we will test 3% 10 yr bond rates at some time