1.US Assets had a Golden Decade
It started from a generational buying opportunity in 2009 (nothing has come close since)
And now we find things generationally risky (but global assets look cheap)
It's time to discard your biases and have a big rethink $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$
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2.The US dollar has peaked
(and it makes fundamental sense: if the US goes through a growth + confidence shock and rest of world plods along… ultimately that’s what exchange rates reflect; relative macro strength)
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3.I don't think I've ever been so depressed to see a stock chart doing so well -- great for investors, great for the military industrial complex, not so great for humanity.
I know there are probably some positive tech spinoffs, but what if we had put those resources into industry, science, health, and innovation instead of blowing stuff up and killing people?
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