tech layoffs, bank failures, commercial real estate falling, ongoing inflation, interest rate hikes, war in Europe, war brewing in Asia.
Fed: everything is fine.
Market: Fed will cut rates.
Am I missing anything?
Somehow market keeps rallying in these conditions… something doesn't add up.
Are retail investors pumping up the market or are institutions like Blackrock pumping them up? What is the purpose to pump up the market during these conditions?
I think with Blackrock having 10T of AUM, they pretty much control the market. They're probably pumping up the market, but at the same time they got people from Blackrock saying to not invest. What are they planning?
Also looking at SPY it peaked in Dec of 2021, dropped to a low in Oct 2022. Now it's just sideways and slightly moving up a little. It has dipped around 20% from 2021 to 2022 after the covid recovery. Economy has become more uncertain now but it's not moving as much now.
Don't know what to make of these info. Anyone got some theories? Are you all still buying and intend to ride the upward momentum? Investors will keep buying and holding like they always do (market conditions don't concern them). Curious what traders are thinking.
Another very suspicious thing I noticed, Michael Burry is always shouting impeding crash is now suddenly saying he's not worried. He has been shouting doom and gloom every year and suddenly he is changing his tune? Steve Eisman too, like all the big shorts guys are publicly saying everything is fine.
Am I just looking too much into this and overthinking?
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