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2,958.8 standard & poor's 500

The smart investors will wait or offset their debt and not be...

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ayyjoayy

160 Posts.

5

01/06/20

12:02

Post #: 44958214
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Originally posted by thebeautifulstyle: ↑

I look at it this way. Im an optimist and feel that this covid thing will be over soon, and the rioting,
and all the other fear factors by the end of the year. Covid may not be completely gone but
people will learn to live with it, and they wont want to be holed up in their houses forever. People
are social animals and pent up spending will hit the economy. The riots to me show how much
young people are sick of being out of work and locked up, taking out their frustration by taking to
the streets.

If the market goes up to the same record level of Feb 2020 by the end of the year, with all the pent-up demand
returning, then would it be overvalued? Yes probably, but where are investors going to put
their money, interest rates at 0 and the Fed intimating it will stay at this rate for a long time. Not in bonds
or bank deposits thats for sure.

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The smart investors will wait or offset their debt and not be baited into overpriced equities just because there is nowhere else to put their money.

Value at posting: 2,958.8
5 Upvote

0 Great analysis

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