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Market lift-off. Yup. Hot money (being big money) looking for the next "value" (oversold sector) and likely in many cases having nothing to do with what would be named fundamentals, eh? Reminds me of the markets and our portfolio looking like part of a lyric from a BonJovi song..... "wing and a prayer". ***
***From a WWII song. A damaged plane, still flying; but also needing a prayer for a safe return.
Comments
Market lift-off. Yup.
Hot money (being big money) looking for the next "value" (oversold sector) and likely in many cases having nothing to do with what would be named fundamentals, eh?
Reminds me of the markets and our portfolio looking like part of a lyric from a BonJovi song..... "wing and a prayer". ***
***From a WWII song. A damaged plane, still flying; but also needing a prayer for a safe return.
Take care,
Catch