| ▲ | chalupa-supreme 9 hours ago |
| Because the market does not reflect reality. |
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| ▲ | deepsquirrelnet 9 hours ago | parent [-] |
| The market reflects reality. The new reality is that the people who are invested apparently don't need liquidity, and bad news doesn't really matter. |
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| ▲ | delfinom 9 hours ago | parent [-] | | >that the people who are invested apparently don't need liquidity The rich and ultra rich don't need liquidity, they have our 401k plans for that. | | |
| ▲ | munk-a 9 hours ago | parent [-] | | The rich and ultra rich tend to borrow against their investments rather than spending their own money. As long as the number continues to go up it's basically a free money pipe for everyone over a certain level of wealth. |
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