Great read. I do tend to agree. We don't know for certain, but in most scenarios sectors tend to revert and continue to cycle. That's not to say indexes and large caps will crash (small correction most likely in my opinion), but if you look at the gains of 2020 for small-mid cap growth, 2021 should not be too surprising. I'm not saying it was easy to predict, but after a steep correction small-mid cap growth is poised to rebound nicely.
I don't think interest rates at the projected levels for 2022 pose much of a risk for companies with strong revenue growth and profitability (or a strong path to it). It's important to note that major FED policy shifts since 2008 has significantly changed market dynamics, and the use of historical comparisons beyond that are less telling than they once were.
As always I appreciate the write up. This is a pretty big pivot for you. It was not that long ago on Twitter you seemed to be agreeing with Puru about a major pullback. I would be curious of your cash position at the moment. Thanks for your insights and opinions
Great read. I do tend to agree. We don't know for certain, but in most scenarios sectors tend to revert and continue to cycle. That's not to say indexes and large caps will crash (small correction most likely in my opinion), but if you look at the gains of 2020 for small-mid cap growth, 2021 should not be too surprising. I'm not saying it was easy to predict, but after a steep correction small-mid cap growth is poised to rebound nicely.
I don't think interest rates at the projected levels for 2022 pose much of a risk for companies with strong revenue growth and profitability (or a strong path to it). It's important to note that major FED policy shifts since 2008 has significantly changed market dynamics, and the use of historical comparisons beyond that are less telling than they once were.
As Always a Great Read Dillon ... I enjoy and appreciate your view on the Market ...
Many thanks ...
As always I appreciate the write up. This is a pretty big pivot for you. It was not that long ago on Twitter you seemed to be agreeing with Puru about a major pullback. I would be curious of your cash position at the moment. Thanks for your insights and opinions