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Last week we saw buying come back to the market – for all sorts of reasons. Perhaps mainly irrational...
We have not seen a long-sustained bear market in the lifetime of most current day investors.
The market today opened 8% down and it recovered with some punters thinking the worst is over.
tenet that all this could be over quickly is hard to take on. There are
so many factors in play, and this is uncharted waters. So, it is one
step at a time..
is no told you so here. It is basic if you are at the top of the
mountain it is a long way down if you trip – and ledges are few and hard
to grab hold of.
Right now, markets are overbought. Simple. There is just too much money chasing too few assets...