From Yahoo Finance: 2025-06-06 21:01:00

One investor questioned what the stock market is based on, sparking a discussion on Reddit. Answers ranged from “vibes” to “fumes” to “hope.” Some suggested it’s driven by routine flows of cash, like massive 401(k) money inflows. Others pointed out automatic investing and fund managers’ need to invest, regardless of market conditions. Concerns were raised about the sustainability of this setup as more people retire. Many argued the market now resembles a casino, with prices driven by investor behavior rather than company value. Working-class individuals may not have better wealth-building options due to high costs of living.



Read more at Yahoo Finance: ‘What Is The Stock Market Based On Now?’ Asks 1 Investor, Pointing Out It’s Not Fundamentals, News, Technicals Or Trump’s Posts