music will eventually stop and when inflation does happen, yield...

music will eventually stop and when inflation does happen, yield curve shoots up, tech will be the first to get smashed, but respectfully, that's at least a good 2-3 years off

tech because it's all overvalued based on traditional valuation methods, as pricing for tech is always based on speculative forward thinking. to be successful in tech, one needs either a monopoly on IP, or huge volume of distribution, but either way one needs and will be exposed to significant cash burn.

you surely can't expect in a bull market that tech will trade on traditional multiples that are seen in other industries and segments?

however, there will be very few stocks that will benefit high interest rates, and as such, it's safe to say, the entire markets will take a belting. liquidity will exit to other asset classes. seems like you're already there, money under the bed.

you're really not teaching us anything we don't know, but appreciate your concerns and agree in most part of the risk outlook, it just ain't anywhere near happening

trade war, and?
global pandemic, and?
two of the worlds largest economies elections, and?
brexit, and?
flash recession, and?

yet here we still are..