per his CNBC interview on the same thesis as everyone else.
Interest rates are lowering = you can gamble risk free
First lowering cycle in my lifetime when everyone realizes stocks will go up. We are going to see some incredible numbers in the next week/months.
Then EOY Santa rally for more fuel on fire, this could be the biggest gaining year in history of S&P
Posted by SuperNewk
10 Comments
It certainly feels that way right now, never seen anything like this in a loooooong time
It’s easy to be 100% in equities when you have $500M. Even if the market drops 80%, you’re still really fucking rich.
If everyone knows they’re going up wouldn’t they just go up now?
Congrats we’ve reached the top
Next week s&p 7000?
The biggest problem is there isn’t anything good to buy right now that hasn’t ran a bunch
cant wait for this party to end. i want to get back to investing, and its like picking through trash when looking for reasonably priced assets. I miss the days where even great companies were trading at low valuations. That day will come again, I am sure of it. Not many people here will make it that far.
You were too scared to invest in April so this is what you get. “This time is different” lol
If your net worth is high enough that the dividends will cover all your life expenses, portfolio makeup is irrelevant, you might as well be 100% in equities. It’s the poor and middle class who can’t afford the volatility because they need the principal for life expenses.
And that’s why the rate cut will be a deception….