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> I expect once again for my bubble call to meet my modest definition of success: at some future date, whenever that may be, it will have paid for you to have ducked from midsummer of 2020.

Two can play at this game. I predict that at some future date the stock market will be higher than it is today.

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> Two can play at this game. I predict that at some future date the stock market will be higher than it is today.

If you said that about the Nikkei 225 in 1990, you’d still be waiting for it to come true. Though as of a few hours ago it’s within 30% of the peak: https://www.bloomberg.com/news/articles/2021-02-15/japan-s-n...

Given the Nikkei, I've never understood the fundamental law that everyone believes about the US stock market going up long term. I'm genuinely looking for a convincing answer so I could feel comfortable investing.

USD being the world reserve currency, so printing it with abandon for last few years does not remove the demand?

That’s true until it isn’t, right? The pound sterling once held a similar role...

I don't see something the scale of WWII brewing. Yet.

His quote, like the whole article, is just feigned insight. I guess if stocks go down 6 months or five years from now he can say: "see I told you so".

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