RE: Ecuadorean government3 May 2022 13:59
I highlighted the dangers of the wider markets last week.
I got the impression no one was taking it to seriously.
One interesting thing is, everyone knows the US market are way over priced, but the UK market still offers good value.
There is always a strong corolation between what happens over the pond and here, although interesting at the moment the ftse is holding up very well. Have the markets finally woken up to the value in the UK or is it just a temporary blip? I have also been 40% in cash since the start of the year,.
Having said that there are trading opportunities. I feel the US markets are on a slow decent. More like the dotcom bust, not like the civid crash. This is a marco economic slowdown. It will take a year or so to play out, so lots of sideways days and big short term spikes. A stock pickers dream.