Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Scruffy1

(3,534 posts)

27. I still think the market is overpriced.

Reply to a kennedy (Original post)

Mon Jun 9, 2025, 10:37 PM

Jun 2025

At around 30 times earnings I really see little upside potential. But then, who knows when it will drop? It's impossible to fathom the nature of the securities business with all the program trading but their is only 2 things that make it work: greed and fear. My best guess is the insiders know the corporate tax reductions will stay in place. That and the IRS being wrecked make it a good bet in the short run, but when the wizards burn it down we'll all suffer.

Edit history

Please sign in to view edit histories.

Recommendations

1 members have recommended this reply (displayed in chronological order):

cliffside

30 replies

= new reply since forum marked as read

Highlight:

and why is the DOW up over 500 points??? [View all] a kennedy Jun 2025 OP

Project 2025 is ahead of schedule. gab13by13 Jun 2025 #1

May employment report wasn't as bad as anticipated eallen Jun 2025 #2

I think Rebl2 Jun 2025 #4

Maybe. But the economy continues to be resilient. Self Esteem Jun 2025 #5

I've seen Rebl2 Jun 2025 #21

That's more confirmational bias. Self Esteem Jun 2025 #24

Damned if I know; pay no attention. Ocelot II Jun 2025 #3

Curious as to whether layoffs have made processing unemployment numbers wonky so that the data is not reliable JT45242 Jun 2025 #6

NO. First of all, unemployment claims have zero impact on the unemployment rate and jobs numbers. Wiz Imp Jun 2025 #12

Oh. And the report on the CPI/inflation data was NOT an example of manipulation. Wiz Imp Jun 2025 #13

Thanks -- i did not know how the data was collected and compiled for this unlike the CPI JT45242 Jun 2025 #16

What is your point? Kingofalldems Jun 2025 #7

No point, just curious...... a kennedy Jun 2025 #8

This is good news. We should be rooting for a strong economy no matter who is in charge. It's in our beaglelover Jun 2025 #9

I made Greg_In_SF Jun 2025 #23

This Polybius Jun 2025 #25

Good. Xavier Breath Jun 2025 #10

Most things aren't linear and the market is irrational EdmondDantes_ Jun 2025 #11

This is a set up.. Lovie777 Jun 2025 #14

Agree. ananda Jun 2025 #15

Churning. Traders don't make money unless the prices move. Midnight Writer Jun 2025 #17

Better than expected jobs report. nt. andym Jun 2025 #18

The federal employees laid off-- thousands-- are probably still getting paid. viva la Jun 2025 #20

Because the "Market" is only tangentially connected to the regular economy. haele Jun 2025 #19

because powerful people WANT it to go up. WarGamer Jun 2025 #22

Something about Trump and Xi discussing tariffs, I think Walleye Jun 2025 #26

I still think the market is overpriced. Scruffy1 Jun 2025 #27

CNN fear and greed index dropped to 3 on 4/8 ... cliffside Jun 2025 #29

buy low... sweetapogee Jun 2025 #30

Whether the markets go up 500 points or down 500 points ... Tarzanrock Jun 2025 #28