Trump rejected Iran's peace proposal, but S&P 500 and Nasdaq still closed at record highs. The stock market seems to be looking past Iran issue for today. Many banks have target prices between 7,300 and 7,400. Jerome Powell's term will end on May 15. Could this have a negative impact on the markets?

    https://i.redd.it/y8zu6mt7ik0h1.jpeg

    Posted by vjectsport

    11 Comments

    1. RareMushroomStamp on

      This is impossible to call. The market can remain irrational longer than you can remain solvent.

    2. Maximum-Side568 on

      Ngl, kinda hilarious AAPL, MSFT, GOOG, META, AMZN, all negative. Meanwhile TSLA +3.9% and not even doing too bad YTD. Makes you wonder whether the huge capex spending on overpriced chips and mem is really justified.

    3. DearPossession762 on

      Sp500 index and over a reasonable time horizon you cannot lose.

      Keep loading it up in your 20s, 30s, 40s, 50s. Retire in leisure.

    4. Yup. Might as well just go all in on calls. Easy money. Everyone knows that’ll it probably fall around October, so free money until then.

    5. StorageWeekly6982 on

      It appears markets care more about rates and liquidity than headlines right now

    6. When market goes up: “clearly a bubble, crash is coming”

      When market goes down: “crashing incoming!!!”

      When markets mixed: “market irrational!! Crash coming!!”

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