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by runawaybottle
1919 days ago
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Some people are projecting the 10-year bond yields to hit 2%. The markets sold off when it got to 1.6%. It’s possible that yield increase will be priced in throughout the year in a tapered way (so no real crash, just dips). I honestly don’t know, but our guy Michael Burry believes inflation is going to sky rocket (if you are looking for the next major event). From my dumb observation, it seems like the market on it’s own decides to pause. Apple’s stock was having it being valued at 2 trillion. Okay, so where does it go from there? 3 trillion? Probably not, but that doesn’t mean it should crash to 1 trillion. Things will probably move sideways out of sheer common sense (even by irrational market standards). No country commits major troop presence in war conflicts anymore. There’s not going to be any noticeable war (look at how ignored Myanmar, Syria, and Yemen are). And there’s just 8 billion people that are being exposed to tech and new ways to consume (spend money), so I just don’t see it. |
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