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Market pullbacks are expected after long bull runs. So are rotations when one sector has outperformed. Tech has outperformed and we're seeing some corrections in some parts of the markets, but things are ok overall. If we take a longer time frame -- something like a monthly, quarterly, or annual time frame -- then things don't seem so bad; it's only when we're obsessed about short term volatility that such market conditions cause us anxiety.
Stimulus checks are about to go out it seems, with Biden working with the Senate a bit to tone things down. Specifically, they seem to have agreed to lower the income cutoff thresholds so that people making more than $75,000 a year (filing single) start getting the check tapered off very quickly. With the insane level of money printing, it's a bit strange to see discussions at such granular levels - the politicians don't make much sense per usual, but at least they aren't bickering as much any longer and there seems to be at least some semblance of bipartisanship coming out of DC.
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