Can someone explain to me like i'm 5, why the S&P500 is near all time highs when we have decade high interest rates? I thought increased interest rates means value of future earnings looks less attractive versus bonds

Is there something I am missing or is this legit a repricing of the stock market due to increased money supply?

I mean adjusted for inflation we're still like12% off 2021 ATH right?

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The Great Taking pdf changed the way I look at stock market. I believe this could be manipulated to attract more investors before The Final Crash happens. Have you read the book? Most facts when verified are scary because they seem to be facts.

Think liquidity (which already increased), not interest rates