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   BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Tuesday, 16-Jul-2024 13:19:40 JST BowserNoodle ☦️

   • ArmchairEconomist
   @ArmchairEconomist01 What does this mean
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     ArmchairEconomist (armchaireconomist01@poa.st)'s status on Tuesday, 16-Jul-2024 13:25:57 JST ArmchairEconomist

     in reply to
     @BowsacNoodle It means the market goes in cycles. People expecting the the stock to go up forever will get hurt.
     
     Example: the Nikki in Japan peaked 1989. It's still hasn't broken even yet. China too.
     
     The DOW & NASDAQ are absurdly overpriced. A crash will come.
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     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Tuesday, 16-Jul-2024 13:26:42 JST BowserNoodle ☦️

     in reply to

     • ArmchairEconomist
     @ArmchairEconomist01 They're not as overpriced when you map the S&P to the money supply. When people pull their money out of the USD is when the markets will truly crush.
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     brigrammer (brigrammer@poa.st)'s status on Tuesday, 16-Jul-2024 13:31:35 JST brigrammer

     in reply to

     • ArmchairEconomist
     @BowsacNoodle @ArmchairEconomist01 > They're not as overpriced when you map the S&P to the money supply.
     
     This assumes that the money spent on the stocks of these companies is correlated to something useful being done by these companies
     
     working for these companies, I concluded long ago it was unwise to buy stocks
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     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Tuesday, 16-Jul-2024 13:33:14 JST BowserNoodle ☦️

     in reply to

     • brigrammer
     • ArmchairEconomist
     @brigrammer @ArmchairEconomist01 That's a different issue. Fact is stock is only worth what people will pay for it. As long as they will, it's got some value. That value with all other things equal maps favorable to growth in money supply.