Crashes even out inequality. Many big wigs were going to lose 75 percent of their net wirth
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>You ARE batshit crazy. Whenever I debate guys like you you conveniently leave out all the crashes. So basically the market goes up all the time (except when it doesn't). Of course those times when it doesn't, well that doesn't count. Man I love ET!
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>Not true. It's just mostly bulls right now, because of what the Fed has been doing. The bulls know there should be a correction if it weren't for the Fed.What you guys don't get is at this point is the Fed has everything fixed. The market went to crash a few times but the Fed is now pumping money into stocks on every pullback. One day when the friends of the Fed (College buddies and friends of top politicians) made enough money and they are now short, then the Fed will pull the rug out from everyone while telling you (the little investor) how great of a time it is to invest in the market. This is the first time that the Fed is using the stock market to create wealth and they now figured out how to completely fix the system.
Or I am just Bat Shit Crazy!!!!