I'm somewhere in-between leaning heavy toward it will pass side. But, I have sold most investment both stock and RE with worry that the fast rise in both can't be sustained (nothing close to just living out of a RV though). I figured that it was going to be within 6 months to a yr before the crud hits the fan, that was the beginning of this year. Getting practically nothing on my liquidity I was starting to wonder about the elusiveness of it all, the market just kept going up, Zillow keeps shouting out double digit increases for RE (they still are), it just bogles the mind.
But the market recently has put more calm in me, finally we might be able to start making some sense out it, introducing a little realty check. Now just the SEC needs to move up a level from the scammy pinks to the junk SPACs and upper level scams and all of the political frauds at least be curbed. Hoping that all of this is "just a anomaly". Maybe it's just my fantasy.
“The markets can remain irrational longer than you can remain solvent.”
John Maynard Keynes
