I watched Tom Lee's take on the markets for the next 10+ years. He thinks we roll to 2035. The host said, foreign countries are pouring money into the U.S. While you are not wrong on certain areas, I just don't see anything to break the system and cause this collapse. Crypto is junk that should retrace, but we need some sort of catalyst. Not a zero sum game either, so you could bet 10% short 90% long if that is your thing. Some stocks have insane price to sales multiples so maybe they correct and cool. We shall see!
@TheToplessChefWBКүн бұрын
Yes but no trend goes on forever. It doesn’t go up at such a steep gradient and then trade sideways. Profit taking always triggers a bubble bursting. Also I mentioned the USD will strengthen, but the money will pour into treasuries, so it’s a good idea to buy and get them while interest rates are still high.
@sirus31210 сағат бұрын
@@TheToplessChefWB SGOV is very attractive to me, I agree. But not for the herd, they need 50-100% gains lol. I still think we don't have that black swan catalyst that starts wrecking the system. Interesting to watch this play out, but I'd rather own med tech ( TMDX) as my hedge in a crashing economy/valuation hit.