www.kiplinger.com
No clue but am enjoying ride. Shout out to whomever talked up AMD on here a few months ago. Thanks. Another fun ride
That was baked in. Statements and dot plots are more market-moving than rate cuts at this point.So the Fed cut the interest another 25 basis points this afternoon.
That should expand the stock market AI bubble tomorrow
It will be interesting to see whether today's rate cut moves the market tomorrow. I think it will, but I could be wrong.
Surely there's a bounce..... And then do we finally have a pull back?
The little bit of my portfolio I manage is up 24 percent this year. I mostly buy AI stocks, meta, pltr, amd, Nvidia and they have been crazy good. Almost panicked in March when stocks were tanking. Glad I hung in. The key will be what I do when it tanks again. Probably nothing.
Yeah and the guy at the craps rail can be up 30% and walk away busted. Same idea here. Stocks have ceased to have any relationship whatsoever to the underlying company's performance.
Nah. Stock market always goes up. I do almost no selling and buy strong stocks when I have spare change. Pretty much can't lose strategy. My BIL sat out most of Biden presidency. Big mistake.
Always? That seems a tad untrue.
Yea. Not only do you know what I mean I am going to bet you are heavily invested in stock market. Am I right?
I sold in August. Cash only baby.
Bubbles don't burst when interest rates are being cut, but bubbles do burst when the Fed starts hiking rates again so this AI bubble will burst and the markets will fall hard and fast eventually. The question is when.