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Market continues to rocket 
The trouble with that is what is the true price of securities when they are priced in dollars and dollars are being printed by the trillions? What is a reasonable yield on the S&P when the yield on cash has been reduced to zero and thereâs talk of it going negative?
Velocity of money is declining. We can look at the big picture all we want, but that picture gets increasingly complex and more difficult to understand. Itâs much cleaner to look at the small decisions being made everyday.
In plain English, the information and the metrics to describe state of economy has been distorted so much that even most informed people have hard time making sense out of it.
âCooped-upâ millennial traders have sparked a new pandemic â it wonât end well, warns Princeton economist
https://finance.yahoo.com/m/845cca64-a018-3d3c-9502-162d233606bf/âcooped-upâ-millennial.html
âLa la land?â The stock market is âinsanely disconnectedâ and due for a âreckoning,â Warren Buffett buff warns
https://finance.yahoo.com/m/5889b0a9-0dc0-3290-9f9a-ba565aad0e7d/âla-la-land-â-the-stock.html
I am with Warren. Keeping my powder dry. Just put $250k into a vulture fund. The deals may take months to appear, especially in RE.
What happens when the government stops giving away free money. loan forbearance and rent forbearance?
The overall reading for FGI might not read greed, but if you breakdown the components.
- Stock Price Breadth > Extreme Greed
- Safe Haven Demand > Greed
- Put and Call Options > Neutral
- Stock Price Strength > Neutral
- Junk Bond Demand > Fear
- Market Momentum > Fear
- Market Volatility > Fear
Who knows, maybe we will go all the way up to another blowoff top. The climb up for stocks doesnât look like the bitcoin climb which we can clearly see as greed. It shows that we are still highly prone to tulip mania.
Money managers are getting a bad case of FOMO. Canât be beaten by day traders, otherwise how can they justify their 2 and 20?
They canât beat index ETFs and now they canât beat 30 year old day traders? Why the eff do they even exist? Just crawl back to their holes and weep.
On the other hand, what happens if they follow the path of least resistance and never stop giving away free money?
Better have equity and hard assets - not just cash.
I am diversified. But if the Fed keeps going down the path of least resistance the whole economy could be in trouble. The end game is unknown and very risky.
Dalioâs Bridgewater Warns of Possible âLost Decadeâ for Stocks
- Profit margins for U.S. companies may be at risk in long term
A reversal of the strong growth seen over the years in U.S. corporate profit margins could lead to a âlost decadeâ for equity investors, Ray Dalioâs Bridgewater Associates warns.
Hyperinflation and currency (monetary system) breakdown.