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re: What do we see next, S&P 500 at 6000 or 4000?
Posted on 2/6/24 at 4:12 pm to wizard of smart
Posted on 2/6/24 at 4:12 pm to wizard of smart
S&P has already posted 7-8 record highs this year I think. This is immediately after a full recovery from a 2 year downturn.
Anything is possible but a strong year is looking far more likely than another big dump at this point.
Anything is possible but a strong year is looking far more likely than another big dump at this point.
1
Posted on 2/6/24 at 6:46 pm to SM1010
How do we explain the current economy? Everything points to a downturn, yet the market keeps blowing the wheels off. Is it that the economy is just more resilient than public monetary policy?
The people investing in the market are surely a different group than those struggling week to week and maybe investors are investing more to stay ahead of inflation? The market just hasn’t made any logical sense in the last 3 years.
The people investing in the market are surely a different group than those struggling week to week and maybe investors are investing more to stay ahead of inflation? The market just hasn’t made any logical sense in the last 3 years.
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