Replies to post #347202 on SPDR S&P 500 (SPY)

[jbsliverer]

Boy I hear you. I'm a heavy veg and fruit guy. Very little processed, and quit fast foods long before
Covid. The fruit and veggies are going bad way to soon and are rotten inside to many times, quality is just too low overall and pricing is getting out of hand. Supply lines suck, and WATER is becoming a real deal and will continually get worse as time progresses. Farmers in certain areas are struggling to handle the cutbacks, can't grow without water or the right weather (Climate changes are very real along with the massive smoke problems).

Extremes cost big money, and the majority of the population is at or beyond their limits.

[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.

[Ferda]

I go to grocery store usually two times per week but live in a high cost of living area. Probably surrounded by people who are able to pay for it. Prices of things definitely have gone up.

Water will be huge issue. West coast farmers will definitely be hit hard due to water supply issues in the next 10 years because they will be first to get cut.