Biden tops 6000 on the S&P500 for the first time

I think we have crossed the line into irrational exuberance. No expansion lasts forever.

 

Consolidation in an oligopoly environment is typically neg for jobs and negative for consumers. It brings it closer to a monopoly which is illegal and obviously the extreme end game.

Not sure putting a slowdown on consolidation is bad for “the people”. Is it bad for stocks? Maybe just the particular mega corp that want’s its exit strategy and of course the banks that take in fees. So it’s assumed to be a bit negative to stock prices (obviously if you are a shareholder in a particular company and it gets it’s sale at a premium buyout price blocked by big guv, that’s gonna be annoying). Yet markets continued to surge ahead! Overall market-wise in a booming market I don’t think it’s a big deal, basically a trade off between consumers and some “premiums” on the stock price for just those particular companies big enough to be challenged.

 

This latest run is definitely on Biden. If he and his party didn’t suck so bad the market would not have had this latest rally. Thanks again Joe.

 

I agree, but notice I put monopolies in quotes.
Also are there really any oligarchs? These companies have millions of share holders, and are run by a board. Even Musk has to answer to a board, it’s not like they have one guy running the whole thing.

 

You may be right.
Much is fueled by the already baked in idea for Fed lowering rates (way before Trump won).

Personally I’ve been looking to off load some big winners.
GEV,PLTR,MRVL, however my “planner” says no let them keep running.

Hard decision WRT trading is when to sell.

 

There an be a happy medium when it comes to consolidation can’t there?
Many of these cases have been vs big tech.
If NVDIA makes the very best chips and companies are willing to pay up should they be forced apart in the sake of “more competition”? Sometimes the sum of the parts is not great than the whole.

 

You’ll have to pardon me for not trusting your msm bias points.
You folks lost a lot of trust and hopefully you learn to get better at reporting truth.

 

What are you talking about. I’m giving credit to Biden

 

If anyone is struggling to find confirmation of equity returns over the past four years, please check your account(s). It’s been a fantastic run!

 

whether it hit 6000 because of the election results or not, it happened on biden's watch so he gets the credit- no big deal

 

Wrong... I never said the economy was good now. I said that recent bump in the stock market was because of the election. Nice try, city.

 

Left wing hypocrisy is amazing. Offended by everything, yet not accountable to anything.

Sincerely,
Deplorable Trash

 

Wow. We now can't call Trump an idiot? That's nuts.