I am what a lot of people call perms bull, I am 38 and most of my money still has a lot of time to work and daily movements don’t bother me since I am used to it after 10+ years
Fun facts: oil same price as pre invasion, tech rallied hard in July, Fed canceled forward guidance = they assume we at neutral and breakevens down to 2.5 from 3,5 on 5Y treasuries .
Tldr : market smart, just like in April 2020 stocks started going up regardless or Covid cases , market stopped going down once it smelled inflation won’t last long . Build long term positions and don’t freak out during short term volatility , most of it won’t matter in 12 month
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