Stock market boom

[BlueSharp]

Feeling optimistic today.

A decent trade deal with the EU.
Scope to sign more across the globe.
Vaccine roll out seems to be going smoothly.
Dems in da house in the USA.

FTSE to break 8000 by end of year?

[AtW]

FTSE to break 8000 by end of year?

Only if Scootie takes a new poot.

[rootsnall]

FTSE100 is certainly having a good few days. It's making me wonder if it's time to SELL SELL SELL

[BlueSharp]

FTSE100 is certainly having a good few days. It's making me wonder if it's time to SELL SELL SELL

no chance, to the moon! unless it hits 8000 then I might sell.

[CheeseSlice]

I rarely read the Guardian for financial news but I saw this bearish article today

FTSE 100 surges as City guru warns of stock market bubble risk | Stock markets | The Guardian

Jeremy Grantham, the British co-founder of the US investment firm GMO, said in a letter to clients that current investor behaviour bore the hallmarks of the mood in the run-up to the 1929 Wall Street crash.
“The long, long bull market since 2009 has finally matured into a fully fledged epic bubble,” the 82-year-old financier said.
“Featuring extreme overvaluation, explosive price increases, frenzied issuance, and hysterically speculative investor behaviour, I believe this event will be recorded as one of the great bubbles of financial history, right along with the South Sea bubble, 1929, and 2000.”

[BlasterBates]

I rarely read the Guardian for financial news but I saw this bearish article today

FTSE 100 surges as City guru warns of stock market bubble risk | Stock markets | The Guardian

Well he predicted a crash in 2018 and 2019 was a bumper year, so having trashed his clients portfolios by being too cautious he probably has to frighten them to death to keep them on board.

[BlueSharp]

I rarely read the Guardian for financial news but I saw this bearish article today

FTSE 100 surges as City guru warns of stock market bubble risk | Stock markets | The Guardian

He is referring to the tech bubble in the US, which I have very limited exposure to and tech is a sector very much missing from the FTSE.

[Whorty]

Well he predicted a crash in 2018 and 2019 was a bumper year, so having trashed his clients portfolios by being too cautious he probably has to frighten them to death to keep them on board.

Sounds like Scooty

[fullyautomatix]

The stock market has a complete mind of it’s own. No point second guessing it. A company reports a huge loss, you will find the price has gone up.

[Hobosapien]

Is it stocks booming or the pound weakening?

With no end to the money printing in sight and all the major world economies doing similar, so no one currency crashes to avoid other issues, any desirable asset whether physical or fairy dusk is seen as a safer longer term bet than fiat money.

Bitcoin continues to boom as well. This time next year rodders...

So the question becomes which assets do you want to be holding if the current game of musical debt chairs stops suddenly? Go long on tins of baked beans.