>>20707382>>20707392>stagflation>stagflation is a situation in which the inflation rate is high or increasing, the economic growth rate slows, and unemployment remains steadily high>Unemployment is low>Inflation is low>economic growth rate is alright depending on whether you adjust for inflationI really do not thing this is stagflation but that is more semantics than anything.
Productivity has increased in the RIGHT companies (that just happen to be listed on the market and where trillions of dollars are parked). Productivity of companies like NVDA has increased and that is an unequivocal fact.
As I said, the right companies are doing fantastically and that's basically all that matters for the markets.
Hell, look at the big banks are their insane earnings.
House prices are greatly up and that is significant. I will retract my statement about them going up but they are still on a positive trajectory and in a bull run in my opinion.
>valuation metrics are high across the boardDoes that even matter anymore? Legit not even memeing. All the tech stocks are such outperformers and that of course creates a sense of never-ending FOMO. Nobody wants to cash out because then they would lose out on gainz.
As long as we keep getting record profits and banks keep propping up everything, we be fine ya big niggga
