Weekend May 1, 2021
Steve Hochburg and Steve Kendall at Elliott Wave Financial Forecast have been detailing the signs of a final top in 233 year bull market in stocks.
2021 - 1788 = 233 years of the USA, and now of course Team Biden wants to change the course that brought us to this point
But so far the ones buying a multi-year low in CCC bond yields around 5% are still winning.
Just scan today's Weekend WSJ and one can see the social mood evidence of a forthcoming top.
The best stock picker around is still Warren Buffett but apparently he did not buy enough Gamestop and Bitcoin, His annualiized return of 120% is just not good enough, headline
Impatient Investors Pressure Buffett as Returns Decline
But a reading indicates that investors are not unhappy with the results, no they want new directors and more information on climate risk disclosure and executive pay. How that helps the retireees at CALPERS is beyond me.
Government sue successful companies at the top, IBM in 1966 and Apple in 199, now Apple Hit /with Antitrust in EU
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