I tend to feel the current market exuberance in the face of no real end in sight for corona... is worrying. It seems to be flying in the face of dire outlooks.
We all know how slow the market was to react to COVID-19, but when it did, it was chaos.
I am not convinced by the market bounce at all. Wreaks of every dead cat bounce in bear history.
Notwithstanding all of the above, VG1 have impressed thoroughly. Definitely will be increasing my positions in their funds in good time.
Have definitely shown the virtues of a true active manager in times of chaos. It will definitely shut the passive ETF brigade up for a while. All well and good when the index keeps going up... not so good when things go bad.
VG1 Price at posting:
$2.18 Sentiment: None Disclosure: Held
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