Correct. In our case employment is rising. Once supply chain issue are solved we could see an explosive rally. After 11 years of bull market 12 to 18 months bear spell is possible. My inclination is because of electronic (digital) age this period is shortened from previous bear markets. I could be wrong.
Yes we all follow charts but news does effect sentiments.
At this time about 85 % do not want to invest in stocks,(latest survey) will it reach 95 or 99%, yes could be, but than it means we will not recover for 2 to 3 years and world will not be investing in USA. You think that is the Fed goal? if it is than I am wrong totally.
We have wonderful group here and discussion is always healthy, and I respect you all and that is the reason I post here. I am not trying to say I am correct.
Thanks for your input.
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