A Bubble Market

With interest rates being the lowest in history, the money being poured into the Stock-market at unprecedented levels is also alarming. By most expert opinions stocks are over valued by around 30% or more which means at some point a correction will happen. This is the million dollar question because no one can truly predict when this correction will come. Only that all the factors are now there for it to happen. There are relatively few companies that have made money during this global pandemic and these are mainly tech companies. The rest are struggling, especially bricks & mortar retailers along with tourism and everything else. The video below shares some light on this subject as it’s not the sort of opinion your local stock broker would ever share. Keep in mind it’s only an opinion we have seen enough of these opinions in 2020 that keep defying gravity.

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