Wednesday, March 03, 2021 10:46:20 AM
No inflation risk for years. I keep hearing from smart people there is no threat to stocks from inflation for at least 2 years, and probably longer than that.
T-bond yields have already started to cool, and looks like their dead cat bounce may be ending soon. With an economic recovery and tepid inflation, it is still prime time for growth stocks.
To summarize, the temporary market drop is due to this dead cat bounce in bond yields. Fake news articles are now being pushed trying to hold onto this rising bond scenario, but doesn't make sense with unemployment still very high. No rates will be raised anytime soon with very high unemployment.
DRNK is being swept along in this market nonsense, like many tickers. Buying opportunity for DRNK!
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