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How high can it go? (When the music stops)
By Loopholes Singapore  •  September 10, 2021
Perhaps you should consider leaving before the music stops
More of a reflective piece than a prediction of a future event but of course there is an expectation for something huge to happen in the near future. Right now as we speak, there are some notable examples of markets soaring with no foreseeable end. That itself should already raise huge red flags. Think about it, if markets rally for extended periods of time with no windows for withdrawals, it means that the same people are paying higher and higher for the same stock and putting in more of their own money to buy less and less assets at a higher price. While that makes zero sense, I admit that it is hard for people to think straight when they are investing in an atmosphere where irrational greed is rewarded consistently, until the music stops of course. Today I will spend some time talking about this and why I hope more people will realise this problem sooner....
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By Loopholes Singapore
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