Especially as of late – it was going “bad” with the economy and interest rates were rising. How come we see so many stocks with an “All time high”? I’m not looking for a psychological explanation, but literally: where do the coins come from to purchase?
In: Economics
Since the stock market isnt really a stock market in classical terms this is hard to answer. The people moving on the stock market come in a great variety. While a big part is still ‘shareholder’ in some classical form the majority by now is more the type ‘financial instrument gambler’.
The decoupling of stocks into more of an instrument leads to market movements that are often not explainable with real life issues. There are automated systems trading in tiny margins purely for profit. Nothing relates to any real industry there.
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