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I am not making a prediction, just passing along an observation that I heard on the news on my car radio this afternoon.
I can say though, that this has been an amazing time! I bought a stock in January 2007 that I thought was reasonably priced but not a huge bargain. It has increased 50% since then!
I bought a stock 4 or 5 years ago. It puttered along increasing a bit each year all the while paying high dividends. Then suddenly this year it doubled. I sold it this morning for a 4 bagger.
I've been at this stuff for a long time, and this hasn't happened to me very often I can tell you! (I didn't do techs in the 90s, so I missed that amazing time.)
I am as puzzled as anyone, and maybe more so than most but I am not dumb enough to stand in the way of a runaway train. At least I hope not!
Ha
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Above all, humans are political animals.
Nota bene: I am either a moron or an idiot. So don't pay any attention to anything I say or you are one too. Please consult your financial advisor, astrologer or proctologist for whatever it may be that you are seeking.
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