It's no doubt that the bull run in the stock market since 2009 has been an absolute meteoric rise. But, the contrarians are questioning it. Has it been due to a strong economic recovery? The answer is a resounding no. GDP has only been growing less than 3% per year, and that's with trillions of dollars of lending. Without the lending our GDP would be shrinking.
Here you can see the performance of the S&P 500 the during the last year.
Stocks have been doing extremely well. But, this in fact is a problem. Markets cannot go up forever and we have a massive crash in store for us.
Here you can see the performance of the S&P 500 dating back before the Dot Com bubble. back in 2009 the market reverted back to fair value but never went to under value. Myself and others are thinking that this next crash will be so devastating, it'll bring us to lows we haven't seen in a very long time. Assets will always revert to fair market value, you cannot argue this.
Nevertheless, financial advisors keep shoving the shit to their clients, telling them that stocks are the best possible long term investment they could make.
The investments with the greatest potential in the next 10 years are gold, silver and crypto currencies. Gold and silver because they are extremely undervalued and have stood strong for 5000+ years, cryptocurrencies because they are actively changing the financial world as we know it.
We must all remember the world that we live in. It's all a game. If you are running with the bulls and don't get in early, that bull could run you off a cliff.
Catch trends early, and be wiser than the crowd.
Happy New Year to you all!