Hello Blind Community, I thought to take a quick poll to see what you all think about the US stock market near term (1-2 years) outlook. There few things to bring to your attention before contributing to the poll. 1. Though inflation rose up to 7.5% in January, the tech companies beat the earnings. There are few companies didnât perform well such as FB, Netflix, Crypto firm, but inflation was not the reason. 2. Fed is likely to raise the interest rate by 0.5-1.0% by June 2021 to control inflation. 3. With Ukraine - Russia potential war the oil price may hit WTI > 100$ per barrel and it would affect the stock market as well. 4. Chip storage may prevail for the next 6 months to 1 year. 5. Crypto has crashed/ corrected in last 2-3 months. 6. NASDAQ and Dow Jones corrected ~10% in last 2-3 months. 7. Stocks from EV sector -Tesla, Nio, Payment sector- Paypal, SQ, Retail Sector -Baba, Amzn, Tech sector - FB, Netflix corrected/dropped ~ 20-30% What is your prediction about stock market future? #stockmarket #personalfinance #investments #2022Stock
Real or nominal
WW3 in the worksâŚ. Covid crash is going to look like nothing compared to whatâs coming this year!!!!
Read the history
Yeah, pretty sure war time revitalizes the economy
@BigRoller I created a thread before the crash (during Nov 2021) when we were at peak. We started crashing from December first week when we had volatility (Dec 3 vix =30) and market has been fluctuating from that time. Even though we had some rallies in between, we never had strong green to break previous highs we hit in November. I created a poll in November as i was expecting correction (very similar to yours). Majority replied that there will be 'no correction'. Now in your poll, people are expecting 10-20% correction. People look bearish overall and there are lot of recession fears. Normally things don't go that way. Mostly opposite of that is reality as things have been priced in. Experts say 5.5 point rate hike has been priced in. All speculative tech has been at all time lows and making new records. Bubble has bursted already. Strong companies(goog, amzn, fb etc.) are unnecessarily punished due to over reaction and this is much better time to buy. No one knows for sure if recession will come. People are always fearful and this spreads like wildfire due to cnbc, youtube, social media. market behaves on sentiment for short term and fundamentals on long term.
Here is thread that i created in november (for your reference). https://www.teamblind.com/post/Potential-indicators-of-market-correction-in-a-couple-of-months-3fT7m1sf
Recession typically hits 6 months after a huge crash starts
Remember 2 things that uncle Buffet said. 1. I never considered macro economic situations when I invested in a company. 2. If I canât hold a stock for more than 10 years, then I wouldnât hold it for a single day. Summary: forget whatâs going on in the macro economic world. Pick a good business and invest for really long time.
Buffet was not investing around 1929
Do you think our current situation is similar to 1929?? Buffet went through many recessions and crisis. Our current situation is not even close to dot com burst or 2008 financial crisis.
Maybe 2nd half rally had we not had the war
Stonks only go up