Those readers with gray hair may recall when cars had a manual transmission. To shift gears, you had to push in the clutch. When you did so, the car temporarily slowed.
The stock market is shifting into a higher gear, and the clutch is now pushed in. It is shifting from the sugar-high of low interest rates in a one-trick-pony-world where the U.S. was growing alone to a new world of worldwide growth amid rising interest rates.
Will it be messy? Yes!
Will it be scary! Yes!
Will the clutch be released & the market return to new record highes? Absolutely!
The stock market is shifting into a higher gear, and the clutch is now pushed in. It is shifting from the sugar-high of low interest rates in a one-trick-pony-world where the U.S. was growing alone to a new world of worldwide growth amid rising interest rates.
Will it be messy? Yes!
Will it be scary! Yes!
Will the clutch be released & the market return to new record highes? Absolutely!