Everyone will spout the average of 10% SandP gains over the past 50 years or more.
The game has changed though, hasn’t it?
The exponential increase of emotionally led retail investors combined with millions of ‘you tube’ experts can only be a total and utter disruption to how the market functioned in the past.
So what now? The markets are totally fucked. Have they ever been as unpredictable as they are now? There are Cambridge and Yale professors publicly saying ‘we haven’t got a fucking clue what’s going on’ jobs are up, inflation is rising, real estate and restaurants are increasing…
No one has a clue. The feds power is becoming too much, China is going to invade Taiwan, Biden could be president again at 80 (or is it 120).
Throw on a bit of AI which can really throw a cat amongst the pigeons
What are we left with?
My theory is we will have a rough couple of years followed by the mother of all bull runs.
Buy now. Hold on tight. See you in 2030
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