@kevinduffy1929@Millionbuckgold@charliebilello Well surely there are different kinds of stimulus. The kind that saved US in 2008-9 and then kicked US into higher-than-expected growth rates since then has been, let's face it, greatly uplifting for the common man on the streets. Xi, on the other hand, has just failed to do so
@kevinduffy1929@Millionbuckgold@charliebilello While I agreed with the China bull thesis in 24-25, after the short bull market, seems we are back to questioning it all about Xi's effectiveness in growing China's economy. Now there's rumor published in Xinhua about a bazooka big stimulus, but if only I had a dime for each ...
@CyberrBandera@ThinkFinance999@qcapital2020 Don't know if this happens in 1 or 10 years, but that sentiment, if sufficiently widespread, is a huge tailwind for an incredible bullmarket until people go all in on stockmarket for gains.
India went through this in the past 20 years. Of course the economy needs to grow, too
@CMSinvestments@TheShortBear Yeah, that's what my bet for $CRCL is, whether it works out or not, we'll see I guess. I have growing conviction that both crypto and stablecoins will move generally up from here, and Circle benefits.
@TraceyRyniec Given the parabolic moves in so many other stocks, the meme-chasers seem largely gone from both bitcoin and gold; to me, that reads constructive slow low-volatile start of a medium-term bull. Who knows beyond that :shrug:
@Monettoks Earnings last week gave a sizzle and at least got a violent reaction up. I am optimistic, and have a higher cost basis of $15 or so, we'll see what happens. Thank you for your comments.
@MRBullMktEver Well one more signal to where the social sentiment stands today; akin to the new traders flooding in 1999/2000; timing is hard because I had thought the Reddit movement few years ago was “it”