If anyone's ever read Jesse Livermore's work, WAR makes stocks go up... BUT that only happens when US puts American soldier's boots onto the battleground!
All this noise about Russia attacking Ukraine... Meaningless!
Just look at what happened to Mr. Market post Beijing 2008 Summer Olympics! Same thing will happen again... Beijing still needs to finish the Paralympics 2022! BUT of course, with a slight change, the decline will be slower, same amount of decline as post 2008, but slower --- it might take till 2023-2024 to reach the bottom!
Mr. Market is anti-China. Anything China does to better itself (namely host the Olympics) will be met with a bear market!!
All this noise about Russia attacking Ukraine... Meaningless!
Just look at what happened to Mr. Market post Beijing 2008 Summer Olympics! Same thing will happen again... Beijing still needs to finish the Paralympics 2022! BUT of course, with a slight change, the decline will be slower, same amount of decline as post 2008, but slower --- it might take till 2023-2024 to reach the bottom!
Mr. Market is anti-China. Anything China does to better itself (namely host the Olympics) will be met with a bear market!!