One of those periods/times where it may appear easier to look at a chart...ie. overall mkts been capitulating since 1st week of January, doomsday/contatagion firmly in play (for mine, it's played its crescendo)...won't guess if its done but have bought the dip.
US GDP firmly above estimates.
Unemployment at 3.9%
Covid less prevalent and will soon be treatable over the counter.
YTD for Nasdaq...15% drop.
S&P 9.8% drop
Dow 6.5% drop
High US inflation (brought on by US having a high Delta %).
Covid past peak.
All of the above and the current interest rate is basically 0%.?!
Take your bets either way but to me this indicates a period of strength ahead. Not all periods of a strengthening economy with raising interest rates, lead to a downward market. Figures such as the above GDP and Employment dictate an economy that can handle rate rises at a sensible implementation.
In any event, a quick listen to below helps in focusing where to place your funds.....
One of the most compelling fundamentals your likely view.
One of those periods/times where it may appear easier to look at...
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
