I happen to agree just because of golden silver prices that it’s going to happen sooner than later, regardless if war breaks out with Iran.
I happen to agree just because of golden silver prices that it’s going to happen sooner than later, regardless if war breaks out with Iran.
I mean why do you think the FED and Trump are all over each other? Because there is no way out. If they lower rates, inflation. If they raise them, assets collapse.
People have been warning about this exact secnario since 2008 and no one is listening. Back then it was a prediction, but now it is happening.
The stock market being at an all-time high, a crash in the usual meaning of this term is not, by definition, currently happening.
Since apparently this isn't what you mean by "crash", could you define what you mean by this term so we're all on the same page?
However, what I'm claiming is that "all time high" is also quite a stretch. Pretty much all nations have been printing money pretty intensely, so fiat is not a solid anchor to derive "actual value", but CHF might be among those that are less printed, so I chose it.
Even if we chose EUR, EURUSD wins YoY over S&P 500, hence, "stocks are flat". Sure, in the case of EUR, optics are fuzzier and you might pick a point or index showing a small increase over EURUSD, but I don't think it's strong enough to beat the general point, especially if your counter point is "stocks are at an all time high".
It being an all time high was just to highlight how much "not-crashing" they are, but that doesn't really matter. Even if stocks were merely flat over the past year (or even somewhat down), the general point would still be the lack of a stock market crash.
About what though? You haven't explained what you meant by a crash so I don't have much more to go by to understand your point.
If not the stock market, what's the market you mean is currently crashing?
I bought a short sale distressed town house in 2009 for 40% lower than its peak price, and many people told me it was a terrible decision because if I just waited long enough, I'd buy it for a fraction of the price.
I think prices went a bit lower in 2010, but then I gained about 400k in equity over the next 10 years and sold it.
If you know it's coming but don't know when then you don't know anything. Certainly not enough to bet on.
If the market go up 80% before dropping 20% then you want to have bought in.
Everyone knew there was a bubble. People began to get impatient for what obviously was going to happen, as you say.