The next drawdown will be the next best opportunity
The next drawdown reacting on tepid unemployment recovery will be one of the greatest opportunities to re-invest or begin investing back into the US markets. Markets are currently lagging because slower-moving assets (real estate, vehicles, large businesses, etc.) have not fully released their future prospects. Businesses will not be re-opening, some will not return back to work, and current markets are lagging severely to this unreleased tension. I personally am very comfortable with the 180 level for SPY to be an amazing opportunity to purchase the market at a severe discount.
Many people are currently hurt and those feelings have yet to push into assets.
Many people are currently hurt and those feelings have yet to push into assets.
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