Teams
Forum List
Toggle sidebar

2021 Stock Market

I'm a little concerned that the $1.9T stimulus and the $1,400 checks aren't moving the market. The uptick in rates is making wall street very nervous. Biden might want to start talking about the $2T infrastructure deal...
 
2forISU said:
I'm a little concerned that the $1.9T stimulus and the $1,400 checks aren't moving the market. The uptick in rates is making wall street very nervous. Biden might want to start talking about the $2T infrastructure deal...
Click to expand...
The 1.9 is what is moving the market now. Powell talked about inflation today and needing to raise rates. (That is what increasing the money supply does). That in turn moved the market down. Sooner or later the Fed will have to do something with interest rates and that is what has the market concern. We are above numbers from a year ago but still have high unemployment. If interest rates start going up, we could have a slight 70s look to our economy.
 
BCClone said:
The 1.9 is what is moving the market now. Powell talked about inflation today and needing to raise rates. (That is what increasing the money supply does). That in turn moved the market down. Sooner or later the Fed will have to do something with interest rates and that is what has the market concern. We are above numbers from a year ago but still have high unemployment. If interest rates start going up, we could have a slight 70s look to our economy.
Click to expand...

You can only do so much in the long-term to disconnect consumption from the productive capacity of an economy. We're starting to explore those outer limits now. When you hit them, something has to give, either raising taxes, reducing spending, more inflation (which itself is more-or-less a tax), or higher interest rates (ditto).

One way or another, all bills come due.
 
  • Winner
Reactions: BCClone
Some nice large cap opportunities now with the long-term in mind. TTD under $600 after getting close to four digits at the end of December. ETSY touched $250 on Tuesday and is now sitting at $184. ENPH was at $212 after Biden was sworn in and it's now at $134.
 
APPL now at $116. Holding on buying a bunch, just bought 1 unit worth at $119.75.
 
You must log in or register to reply here.

Help Support Us

Become a patron
Top Bottom
Back