The S&P closed at an all time high on Friday.
However, there are a growing number of tail risks that could cause the market to decline significantly:
- Suez Canal blockage
- Margin Calls, e.g. Achegos Capital this week
- SPACs
- Interest rate increase
- Higher tax rates
- Increasing Government Deficit
- New COVID risks
- Unknowns
Stock will keep going up, until they don't. It's time to be caution: take some profits, raise cash and be ready to buy low.
This is not financial advice. Please consult a professional advisor.
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