Many look at the US stock market and believe that it is like the past. Therefore, people are calling for an epic collapse due to the "bubble" we are in.
In this video I discuss that while the move over the past two years mirrors markets in the past, especially 1929 and the dotcom era, this is a totally different situation. Here we detail the part capital flow is playing in the equation.
▶️ 3Speak
I think the foreign markets are definitely not very attractive and it's one reason why people invest there. At the same time, it's easy to get dollars back if they need to through the stock market.
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There could be pullbacks and corrections. But overall, the epic drop people are looking for might not occur.
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This is going counter to the narrative that is out there about the stock market staging an historic collapse.
Please keep in mind corrections/pullbacks will happen. This is the difference in viewpoint. A correction and total collapse are two different scenarios.
Again none of this financial advice.
Posted Using LeoFinance Beta