alt Hacker News> A third of all spending is not fundamentally a stretch?
Where did you get spending? That's net buying of stocks by non-financial Americans. It's the new money that has, on average, gone into the U.S. stock market from that section of investors every year. A third of it going into these new issuances doesn't need to break anything.
Replies
djeastm • today at 2:06 AM
Dumb question here, but would it necessarily mean the other stocks they might've bought (i.e. the rest of the market) will not get the cash infusion and will thus likely drop in valuation?
➕ show 1 reply
> A third of it going into these new issuances doesn't need to break anything.
Other than it not going somewhere more productive. Are you willing to just bury 1/3 of your income in the back yard?