▲ 23 r/askanything
The Iran War has dragged on longer than originally anticipated. There is still no end in sight with escalation likely.
Earnings were positive for the Mag7 which usually leads to a reduction expectations for future growth, which typically leads to a sell off in stocks.
The vast majority of non-Mag7 stocks are either losing value or going sideways.
Investor greed is spilling over as those who were late to the party are chasing prices and indiscriminately buying stock.
The American consumer is struggling to make ends meet as fuel and everyday costs continue to rise.
Why is the stock market at all time highs?
u/0dojob0 — 11 days ago