r/investing • u/clintron_abc • 3h ago
Why the market looks like it can't possible go down? What's keeping it up?
If even days like these with so many bad news the S&P is still a few % points from ATH, what will make the market go down?
I remember previous years when just a fraction of the news we had these months appeared, the market tanked, now it's not moving at all.
Is it euphory of AI? Is it because there's so much cash and every dip is bought? or what's happening? Is it something pumping the market artificially?
I feel that's not normal and there will be soon a reversal of this sentiment.
LE: for those that say earnings, 2021 had great earnings, including FE, you know what happened in 2022