I'm not going to pretend to understand how the overall market acts the way it does, especially right now, but what I have somewhat figured out is it is a combination of -
Federal Reserve playing with things behind the scenes
Market sentiment - if everyone is positive and keeps buying it doesn't have to reflect the real world as the market should be future looking
Rest of the world is shit so we have inflows of cash to keep things up from other countries; also reserve currency
interest rates so low that the stock market is one of the few places for an actual return
I personally haven't touched any of my stocks during this whole COVID nonsense besides one "fun" play stock that I liquidated end of Feb. I have additional money but I honestly have no idea what to do with it at these market valuations.
We had a fire drill, (Covid-19) and learned the free market was far more resilient and far more durable then anticipated. The trump bucks kept the majority of the wolves from the door. The recovery is far outpacing indicators, We are about to enter unforeseen territory where demand far outstrips supply for years to come.
We actually delivered on two things thought not possible by "ECONOMISTS". The market has started decoupling from centralization at speed, and we are doubling our efficiency and pairing it with resilience. This is a long term trend that we have identified for the foreseeable future. You will see this from food processing to manufacturing.
Or I have this all wrong, and my clients are going to pay a heavy price.
I'm not going to pretend to understand how the overall market acts the way it does, especially right now, but what I have somewhat figured out is it is a combination of -
I personally haven't touched any of my stocks during this whole COVID nonsense besides one "fun" play stock that I liquidated end of Feb. I have additional money but I honestly have no idea what to do with it at these market valuations.
We had a fire drill, (Covid-19) and learned the free market was far more resilient and far more durable then anticipated. The trump bucks kept the majority of the wolves from the door. The recovery is far outpacing indicators, We are about to enter unforeseen territory where demand far outstrips supply for years to come.
We actually delivered on two things thought not possible by "ECONOMISTS". The market has started decoupling from centralization at speed, and we are doubling our efficiency and pairing it with resilience. This is a long term trend that we have identified for the foreseeable future. You will see this from food processing to manufacturing.
Or I have this all wrong, and my clients are going to pay a heavy price.