The Stock Market Looks Totally Normal

I’m having a slow start to the 2020s. For one thing, this is my 8th decade, and that seems wrong somehow. I suppose this is what I get for being born near the end of a decade and then blogging near the beginning of another, but still. Eight decades!

Well, let’s start out with a chart, shall we? Here is Tim Duy’s log scale of the stock market, which suggests that everything is ducky. Stocks seem to be rising in value at about the same rate as they have for a long time (outside of the dotcom bubble, of course). What this means is that if you buy stocks because they don’t look overvalued, and then you lose your shirt, you should blame Tim. Just don’t blame me.

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THE TRUTH...

is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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