I did not think the market we come back the end of this week. I would’ve thought that it would’ve stayed down longer. But I have a feeling that they don’t believe this conflict in Ukraine is going to last long
Mish has been predicting an imminent crash since he got his start on the “Big Kahuna a Myth” thread on Siliconinvestor in the late 90s.
We’ll likely continue to be in a bear market for several more months, but because of rate increases, not the Ukraine situation.
This doesn’t mean the market will crash. Some of the most aggressive rallies are in bear markets. They are periods of greatly increased realized volatility.
I don’t know about anyone else but when I need real financial advice I always turn to a blog with tons of pop up ads for help
What’s the other aphorism?
“You can’t remain solvent longer than the market can remain irrational”
The best way for an individual to succeed is to not be overly greedy and take profits off the table as you go along.
Follow the Pelosi family investments apparently, you’ll be fine to pretty well off.
Who?
Will have to check out Mish’s website again. Used to be one of my go to sites. But he started injecting a lot of personal political viewpoints into his analysis and I bailed in 2012-2013.
The thing that keeps stocks up is low interest rates. Where do you put your money? Cash? Inflation will devour it? Savings? Low interest plus inflation. Real Estate? Very expensive and probably overpriced just like stocks. Crypto? If the stock market bubble does burst expect Bitcoin to triple in value very quickly.
The market will rally thru March unless the US/Russia stuff really escalate. The Fed knows not to cut rates at .50 at this point due to such concerns.
If we have a crash similar to the one that started in 1929 (the Dow lost almost 90% in the next few years), it will take a major war to set it right again. The problem is, a “major” war (WW3?) could result in major nuclear destruction and the end of our nation as we know it.
It’s not like WW2 where we’ll be producing a whole bunch of conventional weapons and employing the population in factories, etc. No, it will just be misery, incredible misery for all concerned.
Are Computer Chip stocks going to collapse while China is waiting to pounce on Taiwan?
Just last week somebody posted something about the Real Estate bubble getting ready to pop.
Just diversify. Keep plenty of bonds. I have 45%.
That headline has CLICK BAIT written ALL OVER IT.