Jan 21, 2024 08:51
The S&P 500 stock index hit a new all-time high on Friday, so the bear market is officially over. This is two bears in a row that I expected to be far worse, based on the history of stock market bubbles. My expectations kept me from buying extra stocks during the bear period and then profiting from the rebound.
If I were your financial advisor you should fire me.
But, I'll remain in my defensive posture rather than FOMO joining your bubble rally.
Capitalism is doing fine.
capitalism is not fake