“Buy the dip” only works if people actually have cash to put in. A big reason it’s worked lately is because unemployment’s been at record lows for a while.
But that’s been shifting, job openings have been falling for over a year, and unemployment has been creeping up too. If that trend keeps going, folks may have to sell just to cover everyday expenses.
Lykeshares
“Buy the dip” only works if people actually have cash to put in. A big reason it’s worked lately is because unemployment’s been at record lows for a while.
But that’s been shifting, job openings have been falling for over a year, and unemployment has been creeping up too. If that trend keeps going, folks may have to sell just to cover everyday expenses.
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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