| ▲ | brazukadev an hour ago | |
> The US stock market is at all-time highs being in an All time high is only better than not being in ATH. With high inflation, it doesn't mean much. It is like Apple every year launching the best iphone ever. | ||
| ▲ | ericmay an hour ago | parent [-] | |
Sure but the OP suggested that since some instrument was at some price point it implied some other thing such as investors not having confidence in a country such as the United States. On the other hand the US stock market is at all-time highs due to investor confidence in American markets and the American economy. If investors were seriously worried about the American government going insolvent there would be a flight to safety - you could maybe argue that American stocks would be the safest entity to fly toward due to their intrinsic value, but you could also argue that if the US government went insolvent a lot of these stocks would tank. My point is, the OP was just saying stuff without any evidence or even really much personal analysis. > It is like Apple every year launching the best iPhone ever. In many respects that is technically true. | ||