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RE: Stock Markets continues soaring to record highs following the Easter holiday

in LeoFinance3 years ago

Well, without being pessimistic, everything that goes up must come down, and the worsening of the pandemic around the world will have serious consequences on the traditional economy.

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A correction does seem likely at some point. But it's not true that what goes up must come down if you keep on applying an upwards force to the object. In the case of stocks, fiscal policies keep on adding that force. So in terms of fiat value, there doesn't seem to be much coming down anytime soon. The question is how it compares to the value of real estate and Bitcoin though.

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Yeah, you're right.

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