Share
685 Posts.
lightbulb Created with Sketch. 130
clock Created with Sketch. 22/07/20
09:12
Share
Originally posted by Jadis:
↑
I've been watching the market pretty broadly and while I agree with the general sentiment here that APX is due to come down, I'm not convinced the market is acting as irrationally as it seems.
Expand
its incredibly hard to predict these things. to make a case in point about what you said - "markets are forward facing" agree, you also said "the financial hangover is coming but not for a while" so when do the forward facing markets finally see that gov stimulus only goes so far and banks begin to see defaults? we havent seen nearly any financial hardship yet because of gov stimulus. COVID will affect us for another year at least. appen are a buy even now, but the market is giant sell.
(20min delay)