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Thus, stocks are reaching new record highs.
Meanwhile:
- Iran and the U.S. are still at war.
- Oil prices remain near $100.
- Gold prices have tripled in a year.
- Inflation remains high.
The market does not care about all the arguments about a bear market.
Study the period from 1927-1929; we are entering that phase.
A phase where on the surface there seems to be no problem, but underneath, the system is seriously cracking.
We are in the final bubble stage of this entire financial cycle.
During that phase, the fastest-growing assets are Bitcoin and cryptocurrencies.
That will continue in the coming months.