| From the Desk of Don Yocham: They say the markets climb a wall of worry, and boy did 2021 give it plenty of footholds.
The traps of WWIII seem to have been set in Taiwan and Ukraine.
Containers piled up sky-high in ports while lines of ships stretched well past the horizon.
Shelves laid bare.
Energy costs soared — heck, the price of nearly everything soared.
And waves of Greek-labeled COVID-strains swept the globe while President Biden did all he could to make it harder for people clinging desperately to the right to choose to earn a living.
Despite all this worrisome noise, the S&P 500 still managed to post the third-highest annual return this century, ending the year up nearly 27% into record territory yet again. Which, understandably, has led to cries of "overvaluation" and "eminent market crash."
But noise is just that — noise. It clouds our vision. It limits our perspective.
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| Disclaimer & Disclosures
The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.
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This email was sent to penunggangbadai.moneyblog@blogger.com by Long Weekend | |
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