people... relax. in the history of the markets, which 'bubble' ever burst when the public is pessimistic? you can use all the measurable stats, or use anecdotal evidence like ET posts... no matter how you cut it, the public participation is still very low. instead of worrying about a bubble that doesn't exist, go out there make some dough already.
If you think the Fed has found the holy grail to eliminate business cycles I have for sale a well known bridge.
If my post implied that's what I "think", then it was misworded. I was trying to convey that the fed's recent course of action seems geared to prevent a downturn indefinitely. Wasn't stating whether or not I think their actions will work as intended.
let me repeat - - checking account cash all time high - corporate cash all time high; - billionaire family offices cash hoard all time high; - 10 year yield 1.8% while SP forward yield 5.3%; - computer speed doubling every 18 months, IoT, AI, robots, self drving cars/trucks... 5G/6G - search ET/Youtube what not - 'market bubble', 'market crash', you get endless results; - search for 'buy gold/ silver bars', 'buy bitcoin because fiat will crash', you get endless results; - search for 'stocks are cheap', you get nothing. - meanwhile central banks and corporations are buying like no tomorrow; what else do you need for a big moon shot for the next 5 years? where is your independent thinking skill? instead of recycling the doom gloom you read on zero hedge? we are supposed to be ELITE traders, no? where is the 'ELITE' part if people can't use their own brains...
let me also repeat - all the old metrics are meaningless in this ZIRP/NIRP environment. once in a life time opportunity to achieve financial freedom right here.... yet people are still reading zero hedge and buying gold bars. INDEPENDENT THINKING.. this is key.
How to Stop Worrying About Things You Can't Change https://www.psychologytoday.com/us/...ow-stop-worrying-about-things-you-cant-change
You got to love the perma bears. Just two months ago, hacks at CNBC are saying recession is upon us. If you look at the stockcharts, at the time they were promoting the recession stories of theirs, the stockmarket suffered huge drops. Of course, that was temporary in a long term uptrend. Now, they are bullish. When all these hacks are telling you to buy stocks because it is going higher, that would be the market top. I think most who listen to the hacks have lost their shirts. That is a given. Remember, CNBC earns advertising dollars from the same companies they talk about on their cable channel. Most of what they say are self-serving.