Yep. Market is tough to navigate. Maria Bartiromo had someone on yesterday morning that said the market is going to continue up because of liquidity in market. Guy on her show said it was a one two punch with Fed (Powell) "slowing" [reducing] quantitative tightening by "$35B" each month "starting May 2024" and Treasury (Yellin) "delaying initial retirement of T bills" by "183B. Also said there would be a 3rd quarter surge and a net of $237B would be flowing into the economy. Guy said real wages are going up, consumers are still doing good and do not see this rolling over (i.e. to reduce spending), and household wealth up 8% since last year. hummm???
They said effect would be that (1) "rates will go down", (2) "dollar gets weaker, which has effect on long duration stocks", and this is an "important fundamental dynamic"
Hummm.... yet others like Warren Buffet have tons of money on the side waiting for a 30% drop.
Who knows what will happen?
Noticing how I fund is up. humm...