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sean 👤
@swabbie.eth
we have the richest people and the biggest companies in the world begging to buy more from the current stock market leaders, and people think we're going into a recession? perhaps some day, but not yet. https://www.businessinsider.com/larry-ellison-elon-musk-jensen-huang-gpus-dinner-oracle-nvidia-2024-9
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Nat Eliason
@nateliason
Same thing happened after 2008. People kept looking for reasons for the market to have a horrible correction again. Then they missed one of the best decades ever!
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Stuart
@olystuart
Fed lowering rates could cause a short term recession by giving finance companies free money to buy out businesses and lay people off, causing foreclosures etc. They don't do it to lower prices or help people they do it to keep the resources flowing upwards to the capitalists and keep the working class in line. After a short recession if there was one, the bull market would continue (but with more of the assets in the hands of BlackRock and so on). Then they would look to unload those assets on retail before the big crash coming in a couple years. "Look, low interest rates, buy now!" Max pain always.
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