So...are we in a stock market bubble?

so...are we in a stock market bubble?

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I'm a manager at a walmart. My retard associates are trading stocks.
Good luck, this shit ends within a year.

Damn, what stocks

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I abandoned stocks and became a cryptofag. That ought to tell you enough

I know a lot of retards that have become "day traders" on robinhood.

no clue, I'm not asking. I just hope they don't get into crypto any time soon

They are who you are going to sell your bags to, user

how long have you been a stockfag?

What's your portfolio like roughly? Currently mostly in cash, just sold most my stake in crypto since bear market of 2018, savings with Ally bank for highest APY but that's about it. Just saving and waiting.

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I ain't selling shit anytime soon, you read that I work at walmart right? Even if I'm a manager its only like 50k a year

You sure are high and mighty for working at walmart lol

stocks are less profitable than crypto lately, so I dont see a bright future for stocks

We're in a dollar bubble.

I don't think you realize the level of retard that I work with.

not for long

no

dxy setting record year lows today

ESG, EVs and certain software companies are in a bubble
the market as a whole is expensive but not in bubble-territory. It's cheap compared to any alternative.

that's incorrect crypto is less profitable than stocks and have been so all year.

yes, but time in the market beats timing the market, don't overextend yourself and keep cash on hand for the crash to buy up stocks at a huge discount. Nobody knows when the crash will come and it could be a few years still.

i looked at some stocks today and they are going up like altcoins. we might have a 3-4 year bear market which would be unprecedented but very real, lots of people might lose all livelihoods in that process and that is very serious

Celebrities are killing each other for millions of dollars.

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yeah. we're not going to be in a fiat bubble for long because it's going to pop.

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US equities do not outpace real inflation and haven't done so for 20 years. Literally boomer IRAs getting robbed by dollar devaluation. Equity valuations declining in relative purchasing power representation and ability to compete on the world stage. Expect more companies to diversify into crypto and hard assets.

What a weird memory lockbox. What the fuck

I hear eating crow is almost as palatable as eating swan

>that's what I said

Wow you're retarded

>dxy
Pretty much a meme, every other country in the world is printing fiat like mad as well.

if gold goes on a 1.5 year bearmarket to 1400 brace yourself man

>US equities do not outpace real inflation

source for this statement?
boomer IRAs are doing fine, I highly doubt food prices went up 30% last year, but S&P500 did.

>doesn't understand dxy is a measure of US dollar confidence versus other world currencies

ngmi

Karl wants us in the pods eating bugs

accurate

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Everyone I know started talking about stocks last year with the cannabis boom. Now they're all into amazon, walmart, medical stocks everything. Even the boomers at work are asking about which company to invest in for the vaccine. You are blind if you think this isn't the top

"Official" inflation is measured against food costs, but actual inflation is measured by deflationary assets such as gold which has increased by 50%

Look at US monetary supply vs GDP for the 40 years, especially against average household income as well

Even if we are I’d still go with stocks compared to crypto. As long as there isn’t a complete meltdown of the US Government, Money printer will still go BRRR for any crash.
>Stock market crashes = Government has incentive to intervene
>Crypto crashes = Lol who gives a shit

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Obviously

which has caused a bubble in certain stocks. what does this have to do with the market in general?
all you have to do is look at the PE-numbers and avoid buying if it's over 80. it's not difficult.
there will always be shitty stocks, that doesn't mean we're in a bubble.

I'm sure you understand that just because "number go up" doesn't mean that the purchasing power of each dollar remains the same.

that isn't significant because the things people buy follow inflation, not gold.
if goods and services had followed the gold price we've had a serious problem but it doesn't. if you buy and hold S&P500 you are richer every year in any meaningful sense.
How much gold you can buy is not significant because nothing is priced in gold.