This stock market does not make sense to me based on the usual indicators that I'm used to. There is too much optimism given the looming issues, including unemployment, recession risk, looming evictions and COVID-19 resurgence..
Maybe this time is different.
Fed monetary support and Federal government intervention is keeping the market and economy from falling.
The U.S. is mostly a service sector and much less a manufacturing sector.
The future is much brighter than the risks forecast.
Maybe it's just because I'm old and old school and the old indicators are no longer valid. If the market keeps going up the rest of the year, it may be time for me to quit managing our investments:-)
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