Key insights
- The author expresses skepticism about the current market rally, citing high gas prices, expensive daily life, and a perceived disconnect between market performance and geopolitical events. Despite a high household income, they feel squeezed by inflation. The author questions whether the market is overly optimistic and if every dip is being bought, particularly in the software sector.
Am I the only one who is extremely skeptical of this market? We hypothetically should be way lower, gas prices are high, daily life feels expensive. For reference my wife and I make over $250k per year and I still feel squeezed. I buy a couple things at the grocery store and it’s $100.
Nasdaq and S&P are nearly flat after trump announces a blockade and the market goes up. I’m confused, is this a way too hopeful market where every dip gets bought? In a normal market we should be down at-least a point in a half. I’m heavy in software so I should be happy and it deserved a bounce but im shocked that S&P and Nasdaq were up over 1%.
Just trying to stay patient and disciplined and see what my value investors think of the current market!