Quote:
Originally Posted by chassis
Artemis the chart looks bullish to me. What is the reason to fasten seatbelts?
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The chart displayed stops in September 2021.
Ever since early October 2021, figures keep trending south to dip sub zero (looks like it's gonna happen within the forthcoming weeks or months: see chart below).
IMHO COVID-19 economic support measures helped absorbing - to some extent - the unfavorable existing (pre-2020) underlying economic situation, but it remains to be seen whether market interventions can manage to stop markets from overheating (check how prices for commodities and real estate keep soaring out of scope since some time). And then there is further uncertainty/nervosity generated by the evolving geopolitical situation.
IMHO a market correction is
inevitable. And only in recessions or generally adverse economic conditions do you discover which companies are truly sound, robust to handle the situation (
cf. only when the tide goes out do you discover who's been swimming naked).
Hence, I fasten my seatbelts.
That's my 2 cents. Time will tell and I truly hope to be wrong on this one.
(source:
https://fred.stlouisfed.org/series/T10Y2Y)