Please help me understand how the stock market (and my portfolio) has hit the highest point yet I feel like we are at the lowest point in recent modern history since the Great Depression. Time to sell or room to go higher?

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Wall Street has decoupled from main Street, fed printer goes brrr, market is looking infinity years into the future. A reckoning has to come but no one knows the timing off it so either buy gold, hide your cash in your mattress or DCA and keep an emergency fund ready and activated.

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Current events are already priced in. Real answer is:

It's the lowest point in social justice news history. But doesn't mean it's the lowest point for investor and corporate gains

likesmart

No, corporate earnings haven’t increased (they’ve actually decreased). PE multiples have expanded. All due to increase in money supply. I think if you look forward to 2022, the market is probably still at these levels because Multiples will come down while earnings slightly increase

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Yep. Fed is flooding the economy with money, leading to inflated prices. It seems to only visibly impacting the stock market.

I’ve shifted away from equities and into cash.

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The stock market is not the economy! Don’t compare the two.

helpful

Stock is a PV of all future years of cash flow, and the current pandemic and related quarantines are more likely to just last a few more months or a few years. From a long term perspective it’s only reasonable that we keep going at where we were at in Feb. As long as we are getting unlimited QE and extra unemployment benefits to cover the loss in consumer spending, things should at least stall around the Feb ATH. It’ll take quite some time to see real economy/job market/consumer/PMI data and numbers backing a future collapse that everyone has been waiting for.

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Wealth isn’t destroyed in a downturn, it just moves to different asset classes and geographies. If you’re properly diversified, then you should not have to worry about a “downturn”.

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Look at the indexes by sector. Tech stocks are killing it while the rest are still under performing. And it makes sense to me why stocks like Amazon and netflix are doing well in this pandemic.

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My child stocks will go up for now. 🔥👌

I have spoken.

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Oh yes - and I don’t want to just hear we’re in a bubble...

The Federal reserve is pumping the market

I’m levered 2x

Liquidity and sentiment like yours

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