Quote from: Hydrogen on April 14, 2021, 11:31:32 PM

Quote from: maniacmusic on April 14, 2021, 07:27:03 PM

The Covid-19 pandemic is ending, and stocks that have collapsed begin to rise again. I think this is a great opportunity right now for smart people to make money.

Rather than the pandemic ending. Negative aspects appear to be intensifying. Semiconductor shortages and assorted supply chain issues are multiplying and may not be resolved anytime soon. Deficits and taxes are rising. Immigration issues at the border are surging. Its bad enough that Biden is openly considering resuming construction of Trump's wall. Inflation is trending upwards sharply. We're far from being stable or recovering.

My advice would be not to play stocks long term. The market is overvalued. The US economy is in worse shape than its been since the 2008 crisis.

Market behavior has not been an accurate representation of real market mechanics for a very long time. The current uptrend is a running joke. The eventual correction will be even worse.

I agree with this assessment of the situation, there was a big crash in the stock market roughly a few weeks before we saw the very same crash in the market of cryptocurrencies, there was a big recovery already and as we know most of that recovery came from printing enormous amounts of money, the stock market was overvalued then and it is overvalued now, it is better to not play with fire and invest in assets that can maintain their value even in the worst case scenario which is hyperinflation.