Lol lurker it doesn’t work like that.
Besides, I don’t think that either my point, or the way I expressed it, are particularly insightful, and they are certainly not novel. There is great resistance to their acceptance from those who have not been exposed to markets like Manhattan or Van RE. This type of thing has been going on in Europe for quite some time.
Like RE, there is still something underpinning the market. It is the value perception that changes. Glamour stocks like AAPL are the first to ratchet to the new higher level: then, like Monaco RE, they are in shorter supply and become a bit staid, and new cities come on line, and rise.
These are early days. Early risers could rise into the future, until they settle at a price high enough where trading volume decreases, and the money finds more attractive opportunities. With etf’s gaining control this mechanism is communicated to many stocks in a sector, or in a market—it’s as if when idiot buys a condo in Van, he also has to spend money on one in Toronto, Winnipeg, Swift Current, etc.
So we see a sector rising, like “tech”...or an index, like the S&P. It’s decision time, how best to play this new environment. So far for me personally my active trades are outpacing passive vehicles, but I could see that not being true over the next 10-year period, especially as the full globalist-fascist paradigm takes over as corporate voting power becomes increasingly concentrated in etf’s and institutions, and becomes increasingly used.
The best thing to do in the next period might just be to pick your baskets of choice, and dump in money as soon as you get it, and do nothing else.
Markets other than the US will ne much more risky until they completely fall in line with what the US has done and is doing, and they know it—the problemnis foreign populations. The unique thing about the US has always been that everybody has wanted to elevate themselves to “the top”. Believe it or not, in many other places, the zeitgeist has instead been to drag down those who are elevated. There is still much of this sentiment even in highly-developed societies and economies like France. Some French can’t stand it, and yearn for another way of being, , and still desperately want to come to the US. Many, in fact, including most of the young. And not knly France, but everywhere else in the world people get tired of just wanting to bring others down.
So inasmuch as markets’ regulatory frameworks reflect those sentiments, they will not adopt US mechanisms, nor will they fully link to the US. Also the US resists linking by some places, for political reasons—eg China, at the moment.
Good geographies? US, Can, Schweiz, Singapore, JPN, GBR maybe, Saudi, Israel, etc.