10-12-2020, 10:03 PM
(10-12-2020, 09:34 PM)JPolen01 Wrote:(10-12-2020, 09:01 PM)ViPER1313 Wrote: I will invest my money when earnings are back in line with reality and the market peak is not built off a MOMO/FOMO mentality driven by government stimulus.Basically this. I'm still in mutual funds but I'm not interested in day trading.
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A financial podcast I was listening to yesterday had two Wall Street analysts as guests. They both pretty much agreed that Wall Street is basically assuming there will be another round of stimulus and that's all they care about right now. It's not linked in the reality that is the actual economy. 15 million people still unemployed and 850k filling for benefits week over week. This is not sustainable.
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Link to the pod, please
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Current:
Glut Orange Audi S3
Past:
Greg's FC | Joey's 2015 GTI | 1997 Miata | 2002 Miata | 2016 FZ-07 | 2012 Ninja-250 | Mk6 Jetta | Mk4 Jetta VR6 | 1999 BRG Z3 | FC RX-7 | Mk4 Jetta 2.Slow | FB RX-7 5.Bro
Glut Orange Audi S3
Past:
Greg's FC | Joey's 2015 GTI | 1997 Miata | 2002 Miata | 2016 FZ-07 | 2012 Ninja-250 | Mk6 Jetta | Mk4 Jetta VR6 | 1999 BRG Z3 | FC RX-7 | Mk4 Jetta 2.Slow | FB RX-7 5.Bro