/biz/ - Business & Finance

>>16797247
Yeah uhhhhh you have a major doom bias. Investors are terrified and there’s mention of stock market correction everywhere.

Consumer earnings to debt service ratios are the lowest they’ve been since we’ve kept track, outflows from the market and into bonds and money market funds were at multi year (possibly record) highs.

There’s so much cash on the sidelines because everyone is afraid. 2008 and 2018 are fresh in everyone’s mind, and because the major 2018 correction made 2019 look like an insane bull run, everyone is saying “this can’t last oh shiiiiit!!!!”

You only likely have the last 20 years to look back to, and because of recency bias, you’re going to be fearful.

That said, I expect the trade deal to be a sell-the-News event, and think most of this year’s gains will be in the first half of the year. The second half... is crab season, and could be correction territory. That will be a “buy the dip” moment, so I plan to have cash and possibly QYLD.

Also, I expect good things from the lead up to the summer Olympics in japan.