So we have a global oil crisis that is already severely impacting the vast majority of South and Southeast Asia and that could, within weeks, lead to much of Europe, Australia and the US West Coast basically running out of jet fuel since the South Koreans stopped exporting it.

And yet, US stock markets still hit a record high yesterday. They've felt divorced from reality for years, but this just takes the cake.

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I don't get the all-time highs

Great reminder to not try timing the market! (or only doing so with small portion of portfolio)

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It was always one of the indicators of economy- not the only one. Tech companies , banking , all of them had great earnings report. US economic data is not bad at all.

You cannot look at day records. S&P 2025 lagged compared to international markets- after a decade. It was -6% just early April. So it being 2% up in day “record” implies …it is still down YTD. So inspite of a good economic indicators, stock market performance is bad YTD —-because of the reasons you mentioned

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What are you gibbering about? The S&P500 index is up 3.84% since January 1st, which is what YTD means. The record high it hit on Wednesday is the highest it has ever been, period. Maybe do a quick Google search before you try to lecture people.

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