Share
29,775 Posts.
lightbulb Created with Sketch. 1453
clock Created with Sketch. 18/12/20
14:07
Share
Originally posted by Fishinnick
↑
The bears are hibernating or long imo, you can't short a market powered by unlimited FED funds, the money has to go somewhere however i do see some nervousness around the traps as bitcoin is surging. If you hold cash you may not lose in nominal value but your buying power has basically halved when looking at the indexes, therefore one gets eroded by asset inflation if not long and one lives in 'hope' of a crash which is currently not forthcoming, the apparent 'build back better' - Reset also aims for more borrowing and stimuli. Once upon a time, before silly monetary policy markets reflected the underlying economy but since at least the GFC this is no-longer the case.....IMO as long as people continue to accept fiat currencies and CB's act in unison the markets will have to stay up, if you think we live in a world of free markets today you've got rocks in your head imo, we live in socialism, capitalism has been eroded away by morons over time and here we are. .....In time i think it has to end but as long as gov's and CB's agree and act in unison i believe markets will stay afloat.......just beware of market miners if your stock picking, plenty of con men out there.
Expand
That last line - sure but we see through some things and gain a greater understanding and empathy maybe.@Margaret63 and post it on the humour forum. It's only a little naughty. (There goes an hour) LOL
Last edited by
big e :
18/12/20
