What keeps the stock market afloat?

The full faith and confidence of the United states of America.

In other words. It’s a joke.

It's the deep breath before the plunge.

Corporate buybacks

The collapse is imminent....

All signs point in bad direction....Economics is strictly numbers, and numbers do not lie.

Inflation means money isn’t safe just sitting.
Real estate prices are cratering, so it’s not safe to park money in land.
Commodities spoil, so you can only hoard so much, especially when you factor in the costs of storage.
Treasury and bond yields are not high enough to beat inflation, so they’re a safe way to lose money.

The stock market at least offers a chance for a return that beats inflation.

The Fed Put

Biden's and his comrade hen handlers are at the helm of the ship of state, but a big ship takes a long time to stop.

The problem is the USD is the least shitty currency in the entire world. Every other government already has the US printing press long defeated.

China's currency is an utter joke, same as Russia, and we know how African countries handle their money. The USD, sadly, is still going to be the main currency in the world.

My understanding of economics is more political and historical. I think there’s been a union between the Fed and corporate America, with the policy apparatus backstopping all of it, that has totally decoupled the trading of equities from the realities of life in America. There is no way that it ends well, but I expect they will instigate a war as default looms. If you doubt that they’d risk your life, or even all life on earth, to protect their gains, then you are a sweet summer child.