Mar 5 news

[ukmtk]

News from last night/this morning:

JPMorgan’s chief market strategist Marko Kolanovic said he is concerned that there is “froth building” in markets.

Asia drives surge in bitcoin

https://www.telegraph.co.uk/business/2024/03/05/ftse-100-markets-latest-news-bitcoin-jp-morgan-greggs/

If the froth unwinds it would affect a lot of my holdings (mainly equities).
No position in Bitcoin

[88V8]

News from last night/this morning:

JPMorgan’s chief market strategist Marko Kolanovic said he is concerned that there is “froth building” in markets.

Asia drives surge in bitcoin

If the froth unwinds it would affect a lot of my holdings (mainly equities).
No position in Bitcoin

And gold, that refuge of the worried, is high.

Time to top-slice perhaps.
Diversify.
Trouble is, no one wants to bail out on a bull run.

V8

[tjh290633]

News from last night/this morning:


If the froth unwinds it would affect a lot of my holdings (mainly equities).
No position in Bitcoin

And gold, that refuge of the worried, is high.

Time to top-slice perhaps.
Diversify.
Trouble is, no one wants to bail out on a bull run.

V8

There is a difference between over exuberance in a particular share and in the market generally. It is for that reason that I use the median holding value as the yardstick by which I decide whether or not a share is overweight by my standards.

TJH

[ukmtk]

Possible trigger:

US lenders risk triggering new financial crisis, warns IMF

Fund says small banks’ exposure to commercial property poses serious threat to stability

https://www.telegraph.co.uk/business/2024/03/05/us-lenders-risk-triggering-new-financial-crisis-warns-imf/

Looks like the US equivalent to RGL could be our undoing!

Apologies as I'm a pessimist by nature.