SPDR S&P 500 (SPY)

[xZx]

very well said. i recall the first time i saw entire sectors rallying hard because they'd shut down US factories and sent jobs overseas. these same companies donate to both parties, write their own regulations, and hand them to bought-off "lawmakers".

markets get pushed up by algorithms, the vast majority of trades aren't even done by humans anymore.

catastrophic events like wildfires, hurricanes and floods leave thousands without jobs, or homes -- but as long as the news doesn't cover their story, it's like it never happened. and the markets keep moving higher.

it's been one heck of a bull market. but as the whales unwind their huge positions, and go massively short -- eventually, the rug will get pulled.

SPY on the other hand represents the establishment's line and is priced as high as imagination lets.
SPY and similar are used as instruments of back door siphoning out liquidity from the nation.

Unfortunately it used to be SPY represents prosperity, but it gets to represent the opposite.