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Re: gfp927z post# 2172

Friday, 06/09/2023 9:48:15 AM

Friday, June 09, 2023 9:48:15 AM

Post# of 2624
Why going 100% cash never makes sense. Maybe didn't even makes sense in 1929 for those *eschewing* margin and for those in blue chip div payers. The Dow stunk thru about 1937, but rock-solid stocks continued to pay fat and eventually growing dividends.

AP announces: "The S&P 500 is in a bull market. Here’s what that means and how long the bull might run."

"WHY HAS THE MARKET RALLIED?
Largely because the economy has defied predictions by not falling into a recession, at least not yet.

Markets tumbled last year on fears about how the worst inflation in decades would ravage the economy. More precisely, Wall Street got spooked by the aggressive measures the Federal Reserve took to combat high inflation."


https://apnews.com/article/bull-stock-market-wall-street-cde5d042da6aa887e7d5ba64b62815ff

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