We all know the market has been quite erratic the past 5 or so years. Particularly the past 3. Occasionally, I see comments on here from people stating the severe up/down trends we've seen the past 3 years are unnatural and eventually the market will settle down to being flat or “boring” – the way it was pre-2008.
Anyone else just don't see that as likely in todays age of digitization where news spread like wildfire? I genuinely believe this is the new normal. Accessing the market is easier than ever. I doubt many people knew how to buy a share or even knew what a share was pre-2008. More than likely, most people felt quite content comfortably contributing to their 401k (still this way for most today to be fair). However, today we can simply download a brokerage app and buy stocks using our phone. It's also way easier to keep up with market movement and news because again, we all carry a supercomputer in our pocket & are so connected these days.
I'd also argue that the market has increasingly daily volume & is definitely more controlled by computerized algorithms now, compared to the typical scene in 90s/early 2000's movies where a white-collar dad was seen getting chewed out by someone attempting to place an order on the phone.
Thoughts?
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