Tech is still the future. Recession isn’t hitting tech as hard as others, recent financial results prove that.
The dollar is being printed on a massive scale. That’s what’s pushing up stocks. It’s not a bubble as much as it is moving the baseline value of stocks relative to USD.
Property will also be going up in the near future (this has already happened in today’s super low interest rate environment). Property historically holds its value; this article reeks of recency bias. Because most investments aren’t doing well now, real estate is an attractive place to park all of those “on paper” printed gains (which are not real gains, of course).
A black swan must be an event that is unpredictable in the sense that it happens suddenly with little warning signs in the immediately preceding period.
Sitting on cash is almost universally a bad idea in my opinion (more than a few months of emergency or if you are saving for something). It means you think you can predict the market. You can’t.
