It's advantageous to deconstruct the two major crisis of the 21st century that proceed the pandemic in order to ascertain whether there are both mistakes and lessons that can be identified then so as not to repeat these mistakes again today.
For the first time in the history of mankind, our leaders in 2020 attempted to sever the historical connection between the labor (productivity) that they had outlawed and the value (money) that derives from the labor.
Within each crisis contains lies that have a very long time and for good reason. But they also contain lessons. In the modern era, lies cannot sustain indefinitely and can only be ignored for so long before the truth asserts herself.
You must not only ignore the news, but trade against it. When you behave contrary to the existing prevailing narratives, you both align yourself with truth and move contrary to the consensus. Which can only lead you to success.
It's time to start looking at our elected leaders like the credit card companies, banks and Wall Street view us... and taking advantage of their missteps and investor's responses to make some profit in the process.
We need to believe that effects have a singular cause and problems have a single person to blame. But that's not how life works, it's one of our biggest shortcomings, and why the ruling class still walks free.
A collective lack of wisdom, experience, perspective and self-discipline from the younger demographic may now be contributing at least some amount to this most recent market dip, and pulling the rest of us all down with them.
We all assume that financial markets have risen dramatically post-COVID because a lot of new, sophisticated (and trending young) investors with their superior intellect have entered the market and uncovered new value in the form of great, undervalued companies. They have not.