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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (166892)1/10/2021 1:10:40 PM
From: Haim R. Branisteanu3 Recommendations

Recommended By
Cogito Ergo Sum
gg cox
marcher

  Read Replies (1) | Respond to of 217820
 
Everyone is a genius in the rear mirror, and no one is counting the dead bodies.

IMHO one of the drivers of the stock market aside from the whole concept of “saving the world” from overheating, is the fact of COVID 19 restrictions, and work from home.

They do not buy new dresses do not have business lunches, expensive and exotic locations to travel and all this money that is accumulating is strangely going into the overhyped stock markets, even that a big percentage of the population is in a depression mode.

The false confidence of being a “visionary” of finance will all come crashing down when normality will return and all those wonderful gains of being overly smart investor will evaporate in thin air as everyone at the same time will grab some stock and sell it for a vacation in some wonderland with brand new clothes and first class tickets - because "we are rich" now.

Very reminiscent of the tulip mania and the discovery of the "new world"