The markets and economies of the world are on life support courtesy of governments and central banks. They have been on life support, not since March 2020 and the start of the pandemic in the West, but since 2008.
It is all about demographics. Watch this...
https://www.youtube.com/watch?v=f6Xoown-P54
Natural demographic cycles eventually win - always.
After 12 years of stimulus, when the markets pull back next time - and there is always a next time - no one will be able to push them up again.
The S & P 500 is at historic highs during a pandemic and recession. It is a fool's paradise.
No comments:
Post a Comment