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Economy

bucolic_frolic

(47,380 posts)

4. Internals advance/decline and 10 week overall stats some of the very worst since 1928

Reply to progree (Reply #3)

Fri Jun 17, 2022, 06:44 AM

Jun 2022

My take is privatization of concentrated wealth has bought up all the growth ideas and left no growth in the broad markets. This is what follows from a period of cheap money Fed policy. Every idea became a business when capital was, essentially, free! Now the cost of capital of those businesses is rising, and consumerism is pinched and can't buy output as much. And many startups still lack a revenue generating product.

Hunker down, DUers! Whatever that means for you.

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STOCK MARKET WATCH -- Friday, 17 June 2022 [View all] Tansy_Gold Jun 2022 OP

Juneteenth Holiday on Monday! Tansy_Gold Jun 2022 #1

Assets being repriced by meltdown, or US dollar being diluted by latent QE effects? bucolic_frolic Jun 2022 #2

S&P 500 closed down 3.25%, Dow down 2.42% (741 points), Nasdaq down 4.08% progree Jun 2022 #3

Internals advance/decline and 10 week overall stats some of the very worst since 1928 bucolic_frolic Jun 2022 #4