Like the title stated, how long do you reckon this Trump euphoria will last? I know the AI bubble is leading the charge... I am mainly sitting on the sidelines right now... because I see everything is expensive right now... am I wrong?
Dear Asuka,Â
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Personally speaking, it is hard to draw a specific point in time up until this incredible market euphoria will last. With the FED likey going for another rate cut next week sure there will be more gasoline being thrown upon the fire and with everyone positioned to enjoy a "santa rally" is hard to see anything stopping this train anytime soon.
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As you know, I agree that these market valuations are completely nonsense, which is why I stay clear about them completely. Frankly, there is far better risk/reward and value for money elsewhere as far as I am concerned starting from crypto (although isn't an easy task since is equivalent to finding needles in a barn).
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One thing I can grant you is that caution and patience will be rewarded as usual ( https://justdario.com/2024/09/the-forgotten-lesson-from-every-crash-since-1929-be-a-buyer-when-there-is-no-hope-left-in-markets/)
