1.What you see here in this chart is another bull market meeting its maker.
The first bull from 2020 to late-2021 was fueled by stimulus; a global tidal wave of liquidity
The second bull from late-2022 was fueled by hopes and dreams
let's hope it doesn't turn into a nightmare... đľâđŤ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$
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2.Belief is a strong thing
--almost no one sees it coming when recession hits and the market rolls over.
It's why timing is so hard (hard but possible), and diversification is so important (but really: smart diversification).
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3.AUM in Gold ETFs is surging đ đ
A big part of this is the gold price, and in fact retail investors have very low allocations to gold.
But this is starting to change... $Gold - main 2506(GCmain)$
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