Let the Wild Rumpus Begin
gmo.com
Let the Wild Rumpus Begin
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Re: Let the Wild Rumpus Begin
#2> In the meantime, we are in what I think of as the vampire phase of the bull market, where you throw everything you have at it: you stab it with Covid, you shoot it with the end of QE and the promise of higher rates, and you poison it with unexpected inflation... Until, just as you’re beginning to think the thing is completely immortal, it finally, and perhaps a little anticlimactically, keels over and dies.
This statement more than almost anything else sums up the article's tone of "not if but when, and soon." As a layperson, I'm curious what investors are arguing the opposite?
Re: Let the Wild Rumpus Begin
#3> In the meantime, we are in what I think of as the vampire phase of the bull market, where you throw everything you have at it: you stab it with Covid, you shoot it with the end of QE and the promise of higher rates, and you poison it with unexpected inflation... Until, just as you’re beginning to think the thing is completely immortal, it finally, and perhaps a little anticlimactically, keels over and dies. This st…
Also a layperson, but I think there's been a lot of FOMO involved as well as a lot of magical thinking combined with a lack of good places to put money that have been keeping this market going. Sure iBonds are a great place to put money now, but you're limited to $10K/year and you can't put money from retirement accounts into iBonds - If I could I'd be putting it all in iBonds right now. How about real estate? Well, that looks bubbly too especially since mortgage rates are pretty much guaranteed to rise.
Re: Let the Wild Rumpus Begin
#4> In the meantime, we are in what I think of as the vampire phase of the bull market, where you throw everything you have at it: you stab it with Covid, you shoot it with the end of QE and the promise of higher rates, and you poison it with unexpected inflation... Until, just as you’re beginning to think the thing is completely immortal, it finally, and perhaps a little anticlimactically, keels over and dies. This st…
Also a layperson, but I think there's been a lot of FOMO involved as well as a lot of magical thinking combined with a lack of good places to put money that have been keeping this market going. Sure iBonds are a great place to put money now, but you're limited to $10K/year and you can't put money from retirement accounts into iBonds - If I could I'd be putting it all in iBonds right now. How about real estate? Well,…
It's not a lack of good places to put money.
It's income inequality.