US stock market finally found some footing and bounced off the 10% correction level thanks to eager bulls jumping in for bargain hunting. However, the technical players are not convinced and many of them are crying out loud “sky is falling”. Next week is month end and quarter end so indeed strategic positioning by longer term funds will dictate the direction of the market. So the battle is not over …
Here is a balanced view of what to expect next after the correction we just experienced. TLDR – wait and see for now.
When we are facing this kind of cross road, people tend to look for clues from the sky. I found this new video provides a very different take on what the future holds.
In fact, I think humanity is facing a serious crisis – that the gap between the rich and the poor is now so large, is impacting the destiny of everyone who exist now and their descendants. How normal people are forced to face this created two camps of beliefs that are pretty much summarized here.
Life is tough. Yet we go through that whether we like it or not. Maybe finding peace within ourselves is all more important in this era.
Have a great weekend all!
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