요즘 이 상승장이 정말 건강해 보이나요? 🤔

What rally?

It feels like a stock pickers market. There is some serious strength but it’s not an everything rally.

What are those obvious macro risk that weren't there 5, 10 or 15 years ago?

We’re in a bull run for 2-3 years so yes

Why should the market care about your feelings?

Short answer is no it doesn’t feel healthy. But I’m ok with a heavy correction and prepared to stick it out if I need to. DCA and smoke weed every day.

I don’t actually smoke weed, but you get it.

When the Feds cut near ath, stocks have never been lower a year later. Don’t miss out thinking you know something we don’t🤷‍♂️

I think we’re seeing massive changes in the markets as a new economy emerges.

While the usual stalwarts still hold firm, industries like AI, space, defense 2.0, bioscience and others are just starting to come into their own (some faster than others).

This is bringing in new capital, new challenges, and a lot of new opportunities.

It’s why someone holding a basket of high-beta space and defense 2.0 stock can have an awful week while someone else with a standard ETF can have a great one.

The only constant now is change.

What yields are elevated to you? Isnt the yield spread historically quite low.

Seems Greater Fools running the yard. That has never ended well.

Take it from a European. Us is outperformed by every single index if you account dollar devaluation

It feels healthy because the market has been consolidating since October, any confirmation of a direction with make it feel better. Also, the market is just gonna keep going up due to M2 expansion so it’s just a reality at this point.

There are a bunch of signs that point toward an imminent correction (combination of a recently reverted yield curve + low VIX, historically high CAPE ratio and Buffet index). But markets can stay irrational for a long time and timing the market is tough- so is “imminent” a matter of weeks-months or still years out?

My answer to the valuation anxieties has been to move most of the portfolio to cooler parts of the market- high dividend, international, etc- and to trade broad S&P exposure for reduced exposure to a “hedge” of handful of individual equities that are poised to do well if/as the AI bull run continues.

And to be honest, that positioning is ultimately more about self-managing my own FOMO to ensure that I don’t go all-in at the top of the market, panic sell as the expected correction materializes, or sit in cash and miss out on another year of gains because I’m a perma-bear.

Holy shit it's another FUD post

Carry on

The so-called “booming” economy is, in reality, almost entirely propped up by the Magnificent Seven. Everyone in the room already knows that.

You are just making it sound more intellectual.

No complaints on my behalf

It's a meme and ai rally only.