Because they have only been dropping for the past month.
Because the rules are made up and the points don’t matter.
To put it another way, the house always wins (the richest few % own 90+% of the market).
Maybe I’m missing something, but that link seems to indicate it’s down, -2.26% YTD.
My short answer to why it’s not down more is simply not enough time has passed for it to impact earnings reports. If all the tariff threats are implemented and stick around, it could be a red summer. And don’t forget that most Canadians are boycotting anything made in the US. We just don’t know how much of an impact that will have yet.
And s&p shows down 4.54 ytd
And that’s just tariffs, with the mass deportations happening and everything else that’s going on, I think that it’s going to get much worse by summer.
Year to date, stocks are down. 1 calendar year though, most are still up.
I’d say it’s a few things:
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Stock market loves de-regulation. (Fewer rules -> more profit.
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Stock market loves the promise of corporate tax cuts.
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Even with tarrifs and nonsense, most American stock indices are heavily skewed to the magnificent 7, all of which besides Tesla are fairly immune to global trade.
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Your link seems to be showing that it’s down 1.65%?
And now it’s down 2.26%
Because things don’t turn on a dime. It’s going to take some time (and reductions in corporate profits) before it sinks in that the game has changed.
“Three economy” really means “rich people’s money” and the filthy rich have been doing just fine
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Just think of it as a mood ring for rich people. The rich people aren’t feeling any pain and they’re happy to pick up stuff that they want when others want to/are forced to sell.
