_Disclaimer: Outlier Astrologers are in every field & my full respect and admiration to each of them_
Well, I’ll believe in what the collective wisdom or non-wisdom of what _*today’s stock markets are telling me about the future than rely on the economic & stock market expert astrologers*_
Let me give you a classic example…..
None told me in mid Jan 2020, that 23 March will be the date of the recent bottom ?. Did anyone say that to you?
And
None again, ever ….mind pls…. ever….said a word about a pull back like what we’ve seen from the 23rd March bottom ??♂️ till date. Again, Did anyone tell you anything about this bounce back?
Btw….
_Markets fell the worst, even before our first lockdown started_ ?
_Markets bounced the best, all during the lock down period_ ???
So, did the fall happen due to the anticipated _future_ lockdown?
Or
Did the bounce back happen to the anticipated _future_ opening up the economy?
_*Will this sustain?*_
Yes
No
Maybe
All possibilities exist because, we _*just don’t know the future on what will the markets do from here*_
But right now, the market is telling….ok, I’m seeing something positive for the future
Well, the market discounts & also attaches a premium ?
When reality strikes….it just adjusts again, for the future