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by crenwick 1741 days ago
> Stragetists at JPMorgan also recently commented on the rush into stocks, noting that the flows have been driven by retail investors.
2 comments

Which implies retail investors are valuing the shares higher than institutions. What could go wrong? I'll answer that, poverty for millions of people who don't know how to diversify their investments.

My opinion is the FEDs actions, while apparently well-intentioned, will backfire spectacularly at some impossible-to-determine point in the future because MMT only works right up until a feedback loop forms between between people and the central bank which destroys the intended effects of the policies. You can see it now if you look. People are shoving everything into risky assets because they are betting on the FED not allowing their investments to tank.. because The FED has stated they think boom and bust cycles can be prevented and are a thing of the past

With so much froth to ride and so much inflation biting at your heels, you chase returns. No surprise here.