Comments by "gerhard7" (@gerhard7323) on "No one is saying the bottom is in: WSJ's Banerji" video.

  1. Isn't this what they call a bull trap?
    2
  2.  @jefflindley8355  So based on that thinking anybody who can should be piling into the markets regardless?
    1
  3.  @jefflindley8355  Maybe, but the S and P went from a prepandemic high of around 3400 in 2019/20 in far rosier times to around 4800 at its more recent peak despite years of lockdowns and in clear anticipation of a V-shaped recovery. That recovery very clearly has not happened. We now have around 10% 'transitory' inflation, a recession looming, energy and food prices soaring, consumer confidence at rock bottom, house prices looking increasingly shaky, interest rates rising and a continuing war in Europe. If you think that now is a good time to buy in given the general trajectory of the markets then go for it, but I still think there's some considerable way more to go before the bottom is reached here, so why not wait for it if it looks far more likely than less?
    1
  4.  @jefflindley8355  It's less about timing the market and finding the bottom and more about not catching a falling knife. If you think the knife isn't going to fall anymore, or least not substantially further then I agree you're right to jump in now. I'm of the belief that any subsequent recovery isn't likely to be both sudden and huge at the same time in the current climate so my FOMO antenna is currently lying decidedly dormant.
    1
  5.  @jefflindley8355  Nice talking to you. Wish you all the best.
    1
  6. I'm saying bottoms up.
    1