Has anyone been following index prices?
The US is in the worst financial state in centuries, no jobs, no business, riots, hundreds of thousands of virus deaths, declining dollar - oh wait look at the Dow Jones index - 34,453 - its my opinion that there is serious fraud at play in the markets and something needs to be done about it.
News channels like Bloomberg push retailers to continue shorting and loosing.
As a trader of over 12 years my money is on the sidelines. How can anyone trade these markets without there capital being guzzled down the drain?
Any insight as to why index funds shouldn’t be trading lower, I would definitely like to hear it.
My answer to the current market levels - FRAUD.