Santa Still Flyin’ All Over The Joint
January Effect is a real thing. You will need to think the world will end in order to fight against it (not financial advice, dyor).
Markets don’t care what you (or I) think.
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Bubble in risky assets. Real estate gone mad.
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Inflation high, supply problems real (yes, my physical book is delayed), and central banks are behind the curve.
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COVID variants may curtail economic activity.
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China real estate disaster, in a black hole, since we don’t get any transparency.
Then, there is the real world.
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The actual inflow of actual money into financial markets is greater during January than all other months, combined, on a net basis.
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So if the house next door is way overpriced, but there are 5 buyers for every seller, guess what??? The price is not likely to decline.
This is a possible Grinch, this will likely be mentioned soon
