Growth sector of the Market is really taking off these days because of the fears about inflation slowly creeping up on us...that and industrialized production is taking a bath with labor and material shortages everywhere.
anyone else playing in the markets?
I am doing really well out of the US markets. This year it is lagging slightly behind European stocks but the returns are still great. I have found that it is more stable under President Joe and I feel the future is bright.
I've been averaging anywhere between 14 and 20% return rates on my 401K since Biden was elected. To be fair, I was slightly higher under Trump, but haven't lost much, and am not complaining. I am holding some stocks currently valued under $1.00 that I expect exponential growth from in 3-5 years. My blue chips have continued doing well. The future is bright.
There's an obvious growth spurt in the market that happened in November and stopped with the March 5th crash. Biden didn't take office till January.
You can't attribute any of that to him... well the other mini-crashes as people from his administration have spooked the markets from public statements...but from what I've seen none of it was his and belongs to others who have been manipulating the markets with huge sums of money from easy borrowing. It's become the battle of the credit lines.