Friday’s HUGE STUNNER, which saw unemployment numbers in America GOING DOWN, has brought back GRANDMA AND GRANDPA to the stock market, along with their MILLENNIAL grandchildren. Suddenly, retail investors are BULLISH like I’ve never seen!
Every two or three weeks, I see another article published on how Warren Buffett’s holding company, Berkshire Hathaway, is underperforming the S&P 500 and how his cash pile of over $128B is a giant waste – since it could be making his shareholders a fortune, had it been invested in this late-stage bubble surge.
In 2019, the Federal Reserve’s stimulus packages – which SHOCKED the markets, since they represented a full U-turn in terms of policy, compared to the aggressive tightening in 2018 – were one of the primary reasons that the stock market soared by so much.
Stocks aren’t plummeting YET, nor crashing. The reason is that war doesn’t equal a bear market, nor do the winds of Middle East woes do much, historically, to prompt a sell-off.
On March 27th 2019, the price of one Bitcoin was $4,069. On June 27th, just three months later, it was over $13,400, a 300% gain. In July of 2017, Canopy Growth’s share price was CAD$7.50; by January 2018, it was over $35/share, a nearly 500% profit.
In the past three weeks, I’ve been showing you mounting evidence that euphoria has reached biblical proportions in the markets and that the Black Swan index is as HIGH as it has ever been. Basically, I alerted that an event is IMMINENT. Then, on Friday, it happened.