The market is now going back to its regularly scheduled programming.
I am not going to waste my time and efforts trying to sell my NFTs. Eth has recovered for a week but that is at risk of dropping away. Maybe if this continues for another few weeks.
My efforts are going into my game. That is a business I can make a major long term success.
The risk for negative st. dev. against the long term market trend line is in place. We can see that if it happens before the beginning of next summer.
And there was a “joke” spoken today. The narrative in similar situations, recently, was “let the people decide”, rather than enforcing laws.
50.2% of “We The People” have given a clear mandate to make everything happen that was talked about. As they say “it is what it is”. Buckle up.
Proven fact, after all you predicted it would collapse a few months ago and it has gone up ever since. I think if anyone just took the contrarian side of all your predictions they would easily be millionaires
Some like Nvidia have strong earnings growth and are not highly over priced and speculative. Some day growth will slow and markets will mature. A correction is possible but a crash seems unwarranted.
Not sure I agree. I predict because I want to know plan A, B, C based on how big a risk I see. If you wait till AFTER the semi-truck hits your car it is WAY too late. You want to plan before to be visible, have brakes, have acceleration, how to dodge etc.
Waiting for a risk to show up is a sure way to get killed.
Remember, idiots have zero clue about how an economy works. Their thinking is limited to the next paycheck and/or quarter. C-level executives depend upon the stupidity of others to get promoted to ever-higher positions.
Let’s see if there really are significant tariffs put in place–or not. If they do get implemented, then it won’t take long for the blame to be placed on the top idiot (who doesn’t have a clue).
Thinking you can see all of the risks is impossible. Nobody see’s the market drops, nobody sees the market rise. Sure some people guess and get it right but most of the time they get it wrong. So thinking you can judge the risk is just a false sense of security.
I would agree with that Jerry also there are to many moving parts of the economy to even know what is going to happen. Remember all the people over the last 2 years calling for a recession?