RE: 'Big Short’....13 Nov 2021 18:44
As with any index or equity after a good rise the doomsters are to be found posting things like 'Armageddon is just around the corner.'
That also counts whether a share is at an all time high or heading south.
Blimey we've had enough of them on here, including you DT, with your 13p or 16p predictions. I'll stand corrected on that exact figure but it sure didn't reach the low you were predicting.
BTW, where's that Lloyds consolidation you kept on about, thought it was imminent?
Before covid, we had experienced the longest bull run ever (that's by time not value increase), nearly 10 years.
One whole decade, when that run started many peeps trading now had only experienced a rising market, then we all got hit with covid.
Markets, especially the US, have rebounded relatively quickly and recent valuations of IPO's only exacerbates the frequency of these types of articles.
The fact that this guy supposedly predicted the last crash doesn't gain any more credence than if you said it
yourself DT.
Who knows he may be correct, but only you could pick this type of article from the hundreds of financial 'experts' available online.
For reference -
"A bull market is broadly defined as one that rises over time without falling more than 20% from its peak during the period."