8
I feel like shorting nasdaq. What should I do?
(sh.itjust.works)
Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!
Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)
Covid was a black swan event, so no one envisioned both the lockdown and Fed intervention. There is no way it was priced in.
On the other hand, Fed lowering rates has already been talked about for years. High probability it was priced in.
I actually think covid short circuited a correction that was overdue. Covid provided an excuse for irrational exuberance along with the stimulus.