Another down day this morning. I believe oil will continue to trend down. I think AI and other Tech shares will rally in the days ahead.
I believe most commodities will trend down, although not by a lot. I think the AI boom will continue wether people like it or not.
I think gold is bottoming and will not go down much.
I think over time the markets will price in interest rate cuts and some bonds will rally and there bond proxies too, such as Reits.
Reits are up nicely today despite the down day, international Reits have been going up too.
I think over time people will realize most Government s will inflate to save social spending and to support the current wars.
I believe the world is decentralizing into three or more major blocks and cooporation between nations will continue to break down.
I believe the US block will continue to prosper despite its economic issues.
I believe the same with the Chinese block.
Same with the Russia/ EU block but there prosperity will be less but most people will accept it and those who dont will immigrate to North America.
The same can be said with the rest of the world.
Although I think the US could have a so called lost decade, like Japan most investors will pivot to other assets around the world or there own personal business.
Much like the Japanese did in there three decade down trend.
Thats it for now, thanks for reading.
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