My Fidelity person is telling me there’s some major foreign money out there looking to get into the US markets and hoping that a bottom is developing. Right now much of that money is in our Bond markets.
FWIW.
I am guessing my big tech stocks could go 20% lower at the bottom.
Stocks go up after elections. Things should go up a little in 5 days if reps get the house and senate.
If we get a "reduce taxes and regs" President in 2024, I expect more recovery.
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. -Ernest Hemingway The man who makes no mistakes does not usually make anything.-- Edward John Phelps
