by Avi Gilburt
I have read one article after another calling this market delusional, wrong, crazy, impossible, dangerous, a bubble, etc. And what is common amongst all these articles is that none of the authors expected the market to rise this high. Moreover, they all point to Covid as the primary reason for their bearishness. So, when they don’t understand what is going on, they resort to name calling.
But, calling the market names will not help your investment accounts. Moreover, has basing your market perspective on Covid helped your investment account? Rather, it behooves you to seek out a better way to understand the market.
I know many of you are now getting ready for the next crash, which many seem to be expecting due to all the Covid news. But, let me ask you a question: Did the worst news about the death rates and national economic lockdown stop the market from rallying 64% and 1400 SPX points from the bottom in March? Yet, you are now assuming it will this time!? Is this time different?