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Nebuchadnezzar

06/11/20 8:51 AM

#315927 RE: ashy2classy #315921

Don't worry, they will all fall. Starbucks warning and closures news yesterday should spook a lot of bulls at least in the short term.

tim cook probably used $50 billion to buy up the stock. they are probably buyers 80% of the time, great company, but is it really worth $1.5 trillion in this environment?
the real big question is how high will the markets go and then how will the Fed actually be able to normalize in the future if they could barely normalize rates in the last decade?

the monetary system is broken, plain and simple. as for stocks, well, I think everyone now knows they have run way too far way too fast.

would like to see sub 3000 on S&P 500 again