I hope this doesn’t sound too insane given that currently this is “good news” or at least good metrics for us: But I often worry about using the stock market as a metric for anyone notable.
For instance, I picture a future where a politican pushes hard for increases to minimum wage…and the stock market tanks because “free labor is ruined”. There are some bubbles where it really should tank and I just worry that we’d be excusing it then, and now now.
Granted: It is my belief that there’s no bubbles now and that Biden handed us a working system - one that Trump is throwing wrenches into. I just think after the GME fiasco, we shouldn’t necessarily trust the stock market as a perfect system run by level-headed people.
I hope this doesn’t sound too insane given that currently this is “good news” or at least good metrics for us: But I often worry about using the stock market as a metric for anyone notable.
For instance, I picture a future where a politican pushes hard for increases to minimum wage…and the stock market tanks because “free labor is ruined”. There are some bubbles where it really should tank and I just worry that we’d be excusing it then, and now now.
Granted: It is my belief that there’s no bubbles now and that Biden handed us a working system - one that Trump is throwing wrenches into. I just think after the GME fiasco, we shouldn’t necessarily trust the stock market as a perfect system run by level-headed people.