Yes, a wrong clock is right twice a day.
However - it’s a different voice compared to the constant green arrows, and people who never ran a business shouting on TV “Strong buy!” “Conviction!” etc.
https://www.youtube.com/watch?v=JlEGU2ypr1Q
Frankly, I can’t dispute most of his points. BUT - I feel that Americans are going to send in the 401K money every single week. Point being - lots of money chasing the same ol’ stocks. Even though fertility rates are down - America’s population is going to keep increasing. Millenials are a huge generation and are still starting to buy anything from houses to cars. GeeZ behind them – hardly a tiny group of people plus - immigration. Globally - huge numbers of people are forecasted to enter the middle class in places like China or India - these people still haven’t driven a car and buying a Coke is a luxury until now. Point being - in the most simplest terms: There’s still lots of people who are gonna buy stuff.
Curious for anyone’s thoughts here…