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Personal Finance and Investing

bucolic_frolic

(48,372 posts)

5. Crypto is money as art

Reply to question everything (Original post)

Mon Mar 15, 2021, 02:04 PM

Mar 2021

I'm finding the stock rally unusually unwarranted these days. There is no gravity, no reliable volatility, no pullbacks, just grind higher. There is no place to hide, money market funds are closing, bond fund vulnerable to interest rates. They told you to buy gold but that's been down for 3 months, and there are currency issues with China's threatened devaluations. Oil really moved due to expectations of a growing economy, but gold is down due to expectations of deflation. Go figure.

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Highlight:

When the Stock Boom Turns to Bust - Andy Kessler, WSJ [View all] question everything Mar 2021 OP

Eek! Beakybird Mar 2021 #1

It's also important to remember that over the long run stocks go up, PoindexterOglethorpe Mar 2021 #2

I lived the 1987 crash. I lived the 2009???? Crash. jimfields33 Mar 2021 #3

Historically, stocks have increased with relatively short downturns. However, Hoyt Mar 2021 #4

Crypto is money as art bucolic_frolic Mar 2021 #5