Looking at the All Ords, Would you consider the current period from July 2021 till now consolidation or market hesitation?
My gut feel is that we're in line for a massive market correction, essentially being dragged down by the US when they crash. Patrick Boyle had a video up where he predicted that US inflation would hit a high but they wouldn't have the stomach to raise the interest rates high enough to slow the economy down making the next cycle even rougher. I can't find it right now . I have some shares and some in cash as a foot in the door either way but as with the stock market, it is what it is and you can't predict the future.
Buffett would tip it in gradually regardless of the market but even those guys are reportedly having troubles finding interesting things to invest in.
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