The big crash is yet to come. My money is in cash.

On a brighter note, markets - both here and the U.S - seem to be responding well to the November election result...that and the fortuitous timing of the vaccine efficacy announcements.

Hopefully (very hopefully  ) Trump will give a gracious concession speech in the next little while, and markets will respond even more favourably.

Perhaps a bridge too far...

Captain Nemo wrote on Oct 5^th, 2020 at 9:18pm:



The promise of stimulus spending in the US and Pfizer's vaccine are what's boosting the share market

It's not until the stimulus is no longer needed, and the vaccine is shown to work in the broader population that you can have confidence in a brighter investment future

But there'll need to be solid private investment across the board before risk is lowered somewhat, investing in the stockmarket

There's a natural business cycle heading our way, it's called "Roaring Twenties Mk2", but it's going to be subdued because of regulations and climate change goings on. A lot of investors will get stung if they don't know what they're doing

Interest rates, inflation and our dollar, all most likely will rise, and start to wipe out our mega debt, but where will that leave mortgage holders?

Hope for the best, expect the worst. It could all coming crashing down by the end of the decade if it's not properly managed