It is maddening, and it will stay that way as long as the central banks keep printing money out of thin air.
I will say it again and repeat it into the election. It will not make a difference who wins. Markets will rally no matter who wins. And if if ifffff it does sell off say 5% or 8% or even 12% it will rally straight back up weeks later.
I remember 98-99-2000. I never have never seen the swift drop we just had 0f 30%. But now I have. Learning a little bit more. The FOMC is making everyone pay up.
Buffet indicator is at the highest in history Historically, the Buffett indicator average has been between 93% and 114%. The ratio peaked at 107.5% at the peak of the housing bubble in 2007 and at 139.5% during the dot-com bubble in 2000. In 2020, the Buffett indicator has spiked to new all-time highs of 182.7%, and it continues to climb higher with each new stock market high.
%% BUT 1999; 2000+ 2008 also proved they cant really stop a bear market; + they can not really ''make anyone pay up'' Some of my orders got filled/some did not.................................................................... I see your points;some old folks never get in the stock market because they do not study trends or fear. [One lady said she has been especting a crash since 2008/I said I dont blame her for not getting in the market/if I did not know the difference between a bear market + crash I may not trade/invest myself]
Uh oh cramer talking about how he has never seen a market like this ever. Saying it's one of a kind. I agree with something he said which isn't very often.
They didnt have Zero interest rates and QE in those years. They have come up with a magic formula to keep the plates spinning endlessly, or least for now, when will it all come crashing down?