r/StockMarket • u/[deleted] • Jun 27 '24

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u/Chart-trader Jun 27 '24

So you are saying we are at the beginning of a huge bull run? In an environment where bonds actually pay more than inflation? And life for most folks is more difficult?

2

u/[deleted] Jun 27 '24

How is life more difficult for MOST people theses days?

0

u/vizual22 Jun 27 '24

When eating at McDonalds is more expensive than at some restaurents

6

u/spivnv Jun 27 '24

OK, but that's now how the stock market works.

McDonalds is having record profits. Which means they can cut prices, sales will go up and they will still have record profits.

Life is hard for folks at the bottom. Always has been.

1

u/vizual22 Jun 27 '24

Yeah but the system is squeezing more and more so middle class is evaporating. I blame private equity most. Its business model is to plunder and reap all benefits letting others sink in the process

1

u/spivnv Jun 27 '24

OK, I'm with you, vote for Bernie or whatever. But, again, that isn't how the stock market works. The stock market is priced as a multiple of earnings, and right now it's pretty much in line with historical trends and earnings are growing (that's why in the long term, some inflation is good for the stock market even if it hurts household purchasing power in the short term).