CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST    

A Tale of Two Cities again as the Dow Jones hits a record high and the NASDAQ drops. Same effect here, tech stocks falling and traditional cyclical recovery stocks that don't mind higher interest rates and inflation (banks and resources) rise. the $1.9trillion stimulus bill going through this week puts the emphasis on economic recovery and value rather than momentum and FOMO. Today I address the short term bubble some people have had the luck to participate it over the last few months and warn them, as the last two weeks should have taught them, that it is not normal for everyone to love the stock market and ask them to decide if they are going to be investors for the future, or whether they should consider themselves lucky participants in a booming moment and cut and run.