The stock market still has"a ways to go" even as it approaches record all-time highs, according to Wharton professor Jeremy Siegel.
In an interview with CNBC on Wednesday, Siegel noted that there has been a boom in liquidity thanks to central bank policies in response to the COVID-19 pandemic, and that liquidity is going to flow into stocks. "I think all this money is going to be flowing right into the economy and into the stock market," Siegel argued.
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The stock market rally is not connected to reality, India stock exchange chief warns'It's a really uncertain world, and nobody really knows how it's going to develop over the next 12-18 months,' Vikram Limaye told CNBC. The stock market is so propped up by the Fed. FACT: Trump has pumped more into the stock market, last I heard over $5Trillion, than he has on COVID relief. POS is even more propped up than the market. It's ALL gonna come crashing down. Just look at the PEs... MainStreet know already, tell Powell, BlackRock, Trump, and WallStreet.
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Equity positioning is still low despite stock market rally, HSBC strategist saysWillem Sels, global chief market strategist at HSBC Private Banking, believes that equities by-and-large remain supported by four factors. PERMABULLSHIT
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5 things to know before the stock market opens on WednesdayU.S. stock futures rose sharply on Wednesday as traders tried to recover from a tech-led pullback in the previous session. Here’s what you need to know: Tesla is up 7% in premarket after split news announcement. RobinhoodTraders think that means their portfolio will multiply by 5 after the split. That’s the world we live in now. 🤦♂️
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Here's what happened to the stock market on TuesdayA late-day sell-off in tech shares dragged the S&P 500 into the red after it came within inches of its late-February all-time high. Who cares it’s just the rich getting richer... let’s talk about this BidenHarris2020 ticket that will help regular Americans. We don’t care about the billions made or lost by the rich 🤷🏽♀️
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