The ATH(All Time High) of NASDAQ was recorded in 2021. Dow Jones and S&P 500 already broke the ATHs. If NASDAQ breaks the ATH, it means that 3 representatives 🇺🇸 stock market indicies broke new ATH 🥳
This is the probability of recessions after breaking ATHs of 3 representatives 🇺🇸 stock market indicies. It's 37% in average. It seems that this year is optimistic than last year in terms of the probability of recessions this year.
If NASDAQ breaks the ATH, it will be good for the crypto market. Because, the crypto market started getting affected by the 🇺🇸 stock markets due to approvals of spot BTC ETF(Exchange-Traded Fund)s.
When it comes to the quant investment, if this year has no recession, I think this year will follow the 16~17 bullish trend without a mass price correction.
"I'm gonna sell everything. Then, I'm gonna buy all."
Are you playing the Baccarat? You can even get it once, but, it's likely difficult to continuously get it right.
Someone who sold everything due to the concern about the next recession has not been doing anything. Not leaving markets would be better.
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