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A lot of bearish sentiment in here. Make of that what you will.
That's the market: bull\bear, boom\bust that's why you need to diversify especially as you get older and not rely on only stocks.
The stock market is historically overvalued right now. The long-term direction is downwards, not upwards.
That's an interesting take. What do you base your prediction on?
not who are responding to but price to earnings ratio is high.
I will add that I still think we are due for a correction but that comes from the major stocks warming that the current quarter sales are gonna look ugly, even grocery stores have been warning that overall sales on amount and expense are down. Discount groceries sure are taking off too. I don't know how much of a dip but I think the post black Friday numbers might cause a short term slump on a lot of retail stocks
Inflation will hurt Christmas sales for sure. We're buying less at my house
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stonks😎
this post was submitted on 19 Nov 2023
133 points (94.6% liked)
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