Why the Stock Market Just Keeps Going Up

nytimes.com

Good listen. Tldr: the markets are amoral and, morality aside, our circumstances aren't that bad. Also there's a bunch of fomo around AI and all the major AI companies are listed in the US.

It didn't mention an idea I've heard recently: passive investing blindly adds to the market, eg https://www.economist.com/finance-and-economics/2024/02/29/a...

I would go further than the podcast goes, the market isn't just not providing a check on Trump, it's enabling him.

that's a good thing! the future of the country is at stake, and he needs all the help he can get to lead us to a brighter one

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