Last year, during our discussions with some of you, I used to mention that part of my investments were going into the US markets (via MF s)……and I did get some interesting comments / feedback
Today….. 👆🏼 Data is there to prove
But let’s understand one thing for sure – Not everything that goes down comes up, but some do
The wisdom lies in identifying, what probably can come up & what will not (based on history, current trends etc…)
And…. we’re no where in a position to talk, understand & invest based on some big macro data 😀
Well, GDP, labour figs, employment data etc…..all for what? To understand the recent past but definitely not to invest into the stock market of the future. That’s just one more line detail and nothing beyond
Now, NASDAQ is no where near to it’s earlier peak, but yes, for anyone who’s invested along the downward curve surely made a little more today 😌
Invest while going down the slope
Invest while the same slope turns upwards, again
We can’t go wrong there 😊
Oh yes, we’ll surely go into a bottomless pit if we think of Trading down & up the slope
And I suppose….last year, month on month data showed – that the inflows into mutual funds schemes that invest into US stocks, completely vapourised
Meaning, the frenzy which was there in 2021 completely evaporated in 2022