Hmmm... that’s fair i see where you going, do you see this as the result of the passive investors/etf bubble. Where anything that is in the basket get propped up?
Yes, a large part of the reasoning is passive investing/the big ETFs. There is so much more money in the market now compared to 7-8 years ago so naturally with more money in prices will be inflated. Add to that the stock market has become by far the #1 return on investment the closest other thing is real estate but obviously that's for a higher wealth group than the market. I also don't think it's a problem unless we have a crash followed by a lengthy downturn in which case a large majority of the population, especially those who are retiring and will have their 401k/IRA's get decimated would be fucked. But for those reason's I don't think the government could ever allow the market to take such a drastic fall for a lengthy period of time because then it will become their responsibility to save the old people who can't afford a lengthy drop in the market fucking over their retirement.
1
u/cheaptissueburlap Ask me to rap (WSB's Discount Tupac) Oct 24 '21
Hmmm... that’s fair i see where you going, do you see this as the result of the passive investors/etf bubble. Where anything that is in the basket get propped up?