The stock market doesn't make any sense. I think it was just after Thanksgiving 2021 we had so much FUD enter the market. Owno is the FED gonna raise rates? Inflation is not transitory? China is being a bad boy! Another Red Day..
Lots of FUD about whatever that send the stocks lower and lower. Typically the FED raising rates was blaimed. Apparently raising rates is bad for Tech Stocks.
I was told that over and over in 2022.
Well how come allot of Stocks are trading really high with these really high rates?
Some are past ATH's, some are very close.. Apple/Microsoft might be a flight to safety situation.
But what is up with all these stocks trading at the high Multiples. That in 2021-2022 where considered high with rates under 1%? Look at the VIX it isn't high either. In my mind this market must crash/correct. (again)
Pretty much the entire market is at high price. Not just company's with allot of cash. Lately any day the SPY/QQQ is down intraday it always climbs back. Rates are set to remain high for long..
In short, why are stocks valued so high when in 2022 it was considered a problem when rates where still under 1%? Wouldn't mind also hearing opinions that are 'bullish' and don't consider a downtrend in 2023
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