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(CNBC)   U.S. Markets SOAR on news that they'll probably collapse in the next 15 minutes   (cnbc.com) divider line
    More: Spiffy, Dow Jones Industrial Average, Federal Reserve System, Dow Jones & Company, 10-year U.S. Treasury note, Wall Street, S&P, Monetary policy, Central bank  
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593 clicks; posted to Business » on 03 Oct 2022 at 10:15 AM (9 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



16 Comments     (+0 »)
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2022-10-03 9:51:04 AM  
How will the GOP send a message that this is bad for the 401k you don't have anyways?
 
2022-10-03 10:21:17 AM  
The P/E of the S&P 500 was 18.12.  You're getting a better deal on stocks now than you were at nearly any point since the early 90s.  Corporate profits are fat.
 
2022-10-03 10:48:03 AM  

Rapmaster2000: The P/E of the S&P 500 was 18.12.  You're getting a better deal on stocks now than you were at nearly any point since the early 90s.  Corporate profits are fat.


S&P 500 is dancing just above and below a 52 week low, 25% off recent high. The market has recovered from every single market drop in its history, and it will recover from this one. An investment today in an S&P 500 index fund will yield 30% return during the upcoming recovery. Will it dip lower before it recovers? I don't know nor do I care to predict. I'm putting some money in VOO to lock in that 30% upside now. I don't care to gamble on wether it's going to fall further.
 
2022-10-03 10:56:47 AM  
I'm continuing to buy.

And Again: if the only thing keeping your stock high is cheap money then your stock was never actually worth that much to begin with. deliver real value to shareholders by innovating & delivering to customers. Not by counting on a sugar-daddy Fed to keep you awash in cash & low interest rate loans.
 
2022-10-03 11:08:03 AM  

GregInIndy: I'm continuing to buy.

And Again: if the only thing keeping your stock high is cheap money then your stock was never actually worth that much to begin with. deliver real value to shareholders by innovating & delivering to customers. Not by counting on a sugar-daddy Fed to keep you awash in cash & low interest rate loans.


Even though my 457 through work has lost... i don't know. 15 to 20 percent at least since its highs, Not worrying about it.  Helps that i'm only 41 and only have a couple hundred k in it; I'm sure its going to bounce back in force in another year or so. Just keep putting the $$$ into it and don't sweat it.

We were getting close to getting to somewhat normalcy post pandemic, but things change and now we are in the middle of supporting the decimation the russian empire. Things will be sketchy for a while yet, but when thats over? long as you didn't do anything brash, those retirement accounts will pop back up, higher and then some.
 
2022-10-03 11:09:50 AM  
it'll lose an equal amount tomorrow ... the market hasn't figured out wtf it wants to do yet.

E
 
2022-10-03 11:37:22 AM  
I got in a $5000 order before market open. Afraid to check it cos it will drop AS IM LOADING THE PAGE. I'm sure of it.
 
2022-10-03 11:38:08 AM  

Jespot: it'll lose an equal amount tomorrow ... the market hasn't figured out wtf it wants to do yet.

E


Betcha right.
 
2022-10-03 11:53:40 AM  
The thing I love about this market, right here right now, is that it's always easy to have a high stock valuation when money is functionally free to borrow and consumers are spending like drunken sailors.

It's when the tide goes out, borrowing money gets pricier, and the customer actually gets picky with their spending that you discover what companies and businesses are actually necessary & valuable & well-run & on solid footing and which are mostly built on bullshiat, unicorn farts, and the wishes of children. I'm eager for that culling.
 
2022-10-03 12:23:31 PM  

GregInIndy: The thing I love about this market, right here right now, is that it's always easy to have a high stock valuation when money is functionally free to borrow and consumers are spending like drunken sailors.

It's when the tide goes out, borrowing money gets pricier, and the customer actually gets picky with their spending that you discover what companies and businesses are actually necessary & valuable & well-run & on solid footing and which are mostly built on bullshiat, unicorn farts, and the wishes of children. I'm eager for that culling.


There's also the not insignificant matter of Wall Street's "re-hypothecated shares" problem, i.e. counterfeiting.  It's gotten out of all control.
 
kab
2022-10-03 12:33:52 PM  
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2022-10-03 12:36:32 PM  

Rapmaster2000: The P/E of the S&P 500 was 18.12.  You're getting a better deal on stocks now than you were at nearly any point since the early 90s.  Corporate profits are fat.


The mean is about 16 and the average is about 15.  S&P 500 P/E's in the high 20 to low 30's over the last 20 year are the historic aberrations.
 
2022-10-03 1:05:18 PM  

Muta: Rapmaster2000: The P/E of the S&P 500 was 18.12.  You're getting a better deal on stocks now than you were at nearly any point since the early 90s.  Corporate profits are fat.

The mean is about 16 and the average is about 15.  S&P 500 P/E's in the high 20 to low 30's over the last 20 year are the historic aberrations.


It's been 20+ on average for about 30 years.  At what point does an aberration become not an aberration?
 
2022-10-03 1:06:35 PM  

Rapmaster2000: Muta: Rapmaster2000: The P/E of the S&P 500 was 18.12.  You're getting a better deal on stocks now than you were at nearly any point since the early 90s.  Corporate profits are fat.

The mean is about 16 and the average is about 15.  S&P 500 P/E's in the high 20 to low 30's over the last 20 year are the historic aberrations.

It's been 20+ on average for about 30 years.  At what point does an aberration become not an aberration?


Not to discount your point.  You're right that this is above the mean of 1880 to 1990, but if you were comfortable buying stocks at any point in the last 30 years, you should be comfortable buying them now.
 
2022-10-03 1:12:23 PM  
What a relief. Nothing bad ever happens to the Dow in October.
 
2022-10-03 2:06:03 PM  

arrogantbastich: How will the GOP send a message that this is bad for the 401k you don't have anyways?


"Keep the red states in the red."
 
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