Have You Recently Increased Your Cash Levels?

Discussion in 'General Trading Discussion' started by Buyonthedips, Jun 24, 2020.

  1. Buyonthedips

    Buyonthedips Senior Investor

    Joined:
    Feb 2018
    Posts:
    504
    Likes Received:
    1
    It may sound bizarre to ask whether you have recently increased cash levels in your portfolio with interest rates as low as they are. However, there are serious concerns about the short to medium-term outlook for the US economy and as a consequence US stock markets. When you see companies such as Tesla crashing through the $1000 share level on minimal profitability you might be mistaken for thinking we are back in the 1980s or the tech boom at the start of the century.

    There is far too much optimism in the market at the moment and when sentiment turns down, as it almost certainly will, a lot of these overhyped businesses will come crashing down.
     
  2. Phillip Mark

    Phillip Mark Senior Investor

    Joined:
    Dec 2018
    Posts:
    62
    Likes Received:
    0
    I don't know how long many of these business can sustain their flow. It is just a matter of time
     
  3. Yordan

    Yordan Active Member

    Joined:
    Feb 2019
    Posts:
    30
    Likes Received:
    0
    It is already happening. Lots of these over-hyped business are shutting down some side operations, just to survive.
     

Share This Page