In my 30 years of investment experience, the market would use whatever the excuses that are out there when the market either goes up or down since they themselves don’t know exactly what causes these gyrations. Impending BIG DROP is different since it will clearly be caused by nothing but bubbles (leverages) in the market. The only thing is that they cannot tell exactly when this will happen.
24 hour headlines around the stock market…
Yesterday: “The market was delaying a reckoning, With Omicron it has arrived”
Today: “Stocks rally as Covid fears ease“
Staying “up to date” with the news is like paying a $1 and getting $.10 of value — it’s not valueless, but it is net negative value in our lives.
In my 30 years of investment experience, the market would use whatever the excuses that are out there when the market either goes up or down since they themselves don’t know exactly what causes these gyrations. Impending BIG DROP is different since it will clearly be caused by nothing but bubbles (leverages) in the market. The only thing is that they cannot tell exactly when this will happen.