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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)
Chief
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
Rising Star
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.