Stock markets seem overvalued, but the sentiment is positive. And as long as it is positive, it seems a good idea to stay invested in US stocks especially. Stocks like Tesla are grossly overvalued. Stocks like Virgin Galactic are trading at 2000 Price/Sales ratio and with no earnings.
The global stock market crash will most likely happen in 2021 when US President Donald Trump has already won a second presidential mandate. Until then, US technology stocks and gold should continue to outperform. The major US stock market indices will also grind higher.
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offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is".
Petar
Vladimirov Posledovich is not liable for any investment losses incurred
by reading and interpreting blogposts on this blog and posts on social
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Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!
Respectfully yours,
Petar Posledovich
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