The stock market rally is not connected to reality, India stock exchange chief warns

The Nasdaq has risen over 22% year-to-date, even as U.S. GDP collapsed in the first and second quarters amid the coronavirus shutdown.

An employee walks past an electronic board that indicates the latest stock figures at the National Stock Exchange in Mumbai, India, on Monday, May 19, 2014.The chief executive of India's National Stock Exchange highlighted concerns around the recent market rally, as stimulus measures continue to prime stocks from New York to New Delhi.

Acknowledgement of the unreality makes it real.

wow, who is this 'genius'?

Definitely it's False-Dawn economy undoubtedly!

MainStreet know already, tell Powell, BlackRock, Trump, and WallStreet.

Just look at the PEs...

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.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Top Stocks To Short Today As Markets Rally After Tuesday's Late DropThe economic recovery would be seen greater if there was something to combat COVID-19. Today, big tech recovered some losses, with the Nasdaq well in the green just under 2% this morning. Our AI and deep learning algorithms have identified the Top Shorts for today. How's that GNP going and more importantly consumer confidence ... stock market is not the economy... 👍
Источник: Forbes - 🏆 394. / 53 Прочитайте больше »

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
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »