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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In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

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Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

payment methods

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