01-24-2021, 03:33 PM
One talking heads opinion.....
https://markets.businessinsider.com/amp/...1029995954
"The GMO co-founder told Erik Schatzker that he has "no doubt" some of the stimulus aid will end up in the market. He said the "sad truth" about the last stimulus bill passed in 2020 was that it didn't increase capital spending and didn't increase real production, but it certainly flowed into stocks. "
"When you have reached this level of obvious super-enthusiasm, the bubble has always, without exception, broken in the next few months, not a few years," Grantham told Bloomberg.
Personally, I continue to seek value and try to remain conservative with some dry powder on hand.
https://markets.businessinsider.com/amp/...1029995954
"The GMO co-founder told Erik Schatzker that he has "no doubt" some of the stimulus aid will end up in the market. He said the "sad truth" about the last stimulus bill passed in 2020 was that it didn't increase capital spending and didn't increase real production, but it certainly flowed into stocks. "
"When you have reached this level of obvious super-enthusiasm, the bubble has always, without exception, broken in the next few months, not a few years," Grantham told Bloomberg.
Personally, I continue to seek value and try to remain conservative with some dry powder on hand.