Replies to post #347222 on SPDR S&P 500 (SPY)

[USDollar]

I was suspecting something of this nature.

Unfortunately the high cost areas do not represent the economy nor the situation and is a small percentage of any city.

I know people in high cost areas living there because the "safety" or "better people" and other ideas like that , yet they struggle for necessities.

The vast majority is unhappy and struggling and live almost as bad like in a third world country.
SPY is supposed to represent the economy at large, the macro, not the few. Because of this status it was hijacked by the internal powers for personal gain and now represents them and how well THEY are doing.

It doesn't even represent you, from the better area. You didn't double your assets.
They did, and multiple times if you think of the leveraged instruments they control.

ALL the parties say the same BS, the market is up, ALL people are doing very well. This is really a lie , and it hurts to hear it no matter who says it.