|
I watched a few things recently-
1) Interest rates are rising and steadily will continue to rise.
2) Housing costs are getting very very expensive.
3) Auto loans are effectively maxed, Ford and GM know that and along with changes in tech (electric cars) are in a lot of trouble if they don't adapt. They will soon close factories and layoff a lot of people.
4) Tech is at this point absurd, these valuations that AAPL, AMZN and MSFT are putting down are based on what really? Is it consistent revenue growth or is it trickery with EPS? My understanding is those companies are close to max market penetration.
5)Stock in 2.5 years have gone up 10K points, when was the last time this happened?
6)Wage growth at this point is terrible and companies are not passing on the profits to average people.
I think something will happen very very soon. Not one industry but across the board. I would slowly start to turn liquid and be ready when things take a dump because there will be deals to had.
|