RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: The Perfect Storm (Of The Coming Market Crisis) Mon Nov 27, 2017 4:17 pm | |
| It is always refreshing to step away from the keyboard for a few days and hit the “reset button,” which is exactly what I did last week. My wife and I took a quick trip to Mexico to get a little sun on our face while we wiggled our toes in the sand.
I came back astonished.
Over my 30-odd years of working with money in various capacities, I learned to “shut-up and listen.” This is particularly the case when you are in an airport lounge or packed like sardines in a missile-shaped tube hurling through the air at 35,000 feet.
People love to talk…if you let them.
I had a dozen “listening sessions” with a wide variety of people who each told me roughly the same thing summarized as follows:
The market is a “can’t lose” proposition. So is “Bitcoin” (even though they had no idea what it really is when I asked them.) The market is only going higher from here because the Fed won’t let it go down.
You get the idea.
And just when I thought I was sure I had the most bullish views wrapped up – Kevin Matras fro Zack’s Research hit my inbox with the following:
https://realinvestmentadvice.com/the-perfect-storm-of-the-coming-market-crisis/ |
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