You say that but then why is the ASX near record highs and why did the average superfund get smashed last year. Money is just shuffling hands but it isn't gone. Interest rates are thinning the herd but if anything it frees up more disposable income throughout the year as it will reduce the financial burden for many after the initial loss. FTX saga is a positive IMO with the dent in crypto's reputation it will funnel through to other investment vehicles. Money is there to be had, the NASDAQ had a cracking end to the week, futures looking strong and tech stocks are on the march. I don't buy into the FUD, Monday will be a good day, just in time to prep for inflation data mid week.
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You say that but then why is the ASX near record highs and why...
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