Comment on How is the Stock Market keeping it's value after *points to everything*?
AlDente@sh.itjust.works 2 days agoS&P500 closed at an all-time high yesterday. It’s not just up relative to a downturn.
Comment on How is the Stock Market keeping it's value after *points to everything*?
AlDente@sh.itjust.works 2 days agoS&P500 closed at an all-time high yesterday. It’s not just up relative to a downturn.
finitebanjo@lemmy.world 1 day ago
US 30, DOW Jones, and NASDAQ all peaked a little higher in November-December last year. Crude Oil futures haven’t recovered from their 2022 high. USD to Euro is down since 2018 high and USD to GBP is down since 2016.
But yes if you look at charts going back over a decade there is a clear unbreaking “line goes up” trend.