VulcanoRosso

K-Shaped Recovery

TVC:SPX   S&P500指数
many people still thinks we're in a V-Shape recovery , but it's a K-Shaped recovery in progress right now.
which is one of last thing you want to see in a major economy.
dumb money goes into many worthless tech companies and spike their market caps at unbeliavable levels. (just like before 2000 dotcom bust)
on the otherside industrial sectors are not showing any robust recovery signs.
from this perspective this market is totally unstable now and crash is inevitable.
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