I think the S&P 500 is under representative of the industries that have the greatest growth potential in the next decade or two. It has little or no exposure to copper, uranium, oil, shipping, silver and gold, or even Bitcoin.
"This rotation is a hallmark of a strong bull market." - could you elaborate on this? I didn't get the point. Why is rotation out of specific sectors a sign of a strong bull market?
A bull market is like a fashion show, where each sector takes its turn in the spotlight. If only the tech sector is rising and pulling the rest of the market along with it, there is little breadth in the market. When multiple sectors rise one after another, the bull market is much healthier and more sustainable.
I think the S&P 500 is under representative of the industries that have the greatest growth potential in the next decade or two. It has little or no exposure to copper, uranium, oil, shipping, silver and gold, or even Bitcoin.
It's funny how this has been the same path Bitcoin has taken historically but there is so much doom and gloom around how it's not moving higher.
"This rotation is a hallmark of a strong bull market." - could you elaborate on this? I didn't get the point. Why is rotation out of specific sectors a sign of a strong bull market?
A bull market is like a fashion show, where each sector takes its turn in the spotlight. If only the tech sector is rising and pulling the rest of the market along with it, there is little breadth in the market. When multiple sectors rise one after another, the bull market is much healthier and more sustainable.