I’ll get back into topical news stuff later on, maybe tomorrow. I can’t help but to gaze at the wonders of this market and see total and ferocious collapse just around the bend. NFLX misses and loses subs for the first time in a decade and people are back to buying tech stocks again.
NO SIR! You may not pass go.
It’s important to understand these brief sojourns into bullish behavior is typical in a BEAR MARKET and that’s exactly what we’re in. All of the drama felt in the beginning of the year will be x10 come this Fall — as NATO fights to save Warsaw from being partitioned by the New Soviet Union.
You’re all have a grande old time buying dips and pretending to be in a good economy. I get it — it’s fun to pretend. But eventually ALL ROOSTERS must come home to roost and there are wolves in the den ready to eat them whole.
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The risk is being under-estimated by many. The last inflationary recession we endured was very long and the stock market took almost 20 years to return to same real level. 1974.
Or, the politicised Fed can stomp us out early; place your bets.