Stock Market is the bottom in?

[hunts_with_stick]

Yeah I was listening to beck yesterday and he commented on how a former shoe company turned into an ai company and the stock skyrocketed. I took that as a sign too and dumped some ai type stocks/funds and took the gains I had made.

 

[Westwind]

I think tough times are close. Private debt issuers are quietly imploding. Trouble is that toxic crap is held by banks, insurance companies, and private equity, so there will be a financials crash when it’s no longer avoidable. Who it hits and how hard is yet to be seen. I’ve got my fingers crossed the regulators have kept an eye on insurance companies that have that junk on their books.

I’d be weary of any outfit holding markers on the poor. They’re behind on their payments and that situation is quietly getting worse. Hell, I see Fox News is now running commercials selling private debt investment opportunities. That’s how you know the end for that ruse is close.

Surprised it has taken this long. I still think irrational exuberance will push the indexes to new highs but it is going to get hairy after that. If only we knew when!

Disclaimer: You can’t time the market.

 

[Telemark]

Hanging on to amzn, I was buying all the way down to 200. Keeping it for the long term I think.

Same. Kicking myself for not getting more. It's 5% of my portfolio, and I was trying to get it to 20%. Oh well.