{"id":1268,"date":"2021-02-13T16:09:41","date_gmt":"2021-02-13T05:09:41","guid":{"rendered":"http:\/\/ozvoyager.com\/?p=1268"},"modified":"2022-02-03T11:55:04","modified_gmt":"2022-02-03T00:55:04","slug":"a-bubble-market","status":"publish","type":"post","link":"https:\/\/ozvoyager.com\/?p=1268","title":{"rendered":"A Bubble Market"},"content":{"rendered":"

With interest rates being the lowest in history, the money being poured into the Stock-market at unprecedented levels is also alarming<\/a>. By most expert opinions stocks are over valued by around 30% or more which means at some point a correction<\/a> will happen. This is the million dollar question<\/a> because no one can truly predict<\/a> 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<\/a>, especially bricks & mortar retailers along with tourism and everything else. The video below shares some light on this subject as it\u2019s not the sort of opinion<\/a> your local stock broker<\/a> would ever share. Keep in mind it’s only an opinion<\/a> we have seen enough of these opinions<\/a> in 2020 that keep defying<\/a> gravity.\u00a0 However an interesting four part documentary has surfaced since this post was made on Wall St Power & Money that is produced by PBS Frontline. This is an excellent insight into the mechanics of how the world of high finance<\/a> is run. It can be heavy going at times (4 hrs) but it highlights just how powerful lobby groups become in order to get away with what is effectively massive<\/a> white collar crime that is unchecked<\/a> by governments. It is a lot more devastating<\/a> than any terrorist attack and not only that, the tax payer gets to foot the bill for all the collateral damage as well. Links to the documentary can be seen here. Part One<\/a>, Part Two<\/a>, Part Three<\/a>, Part Four\u00a0<\/a><\/p>\n