Or is it still safe to BTFD?
The Japanese FEDs overintervention, increasingly so, has sapped all the dynamism that economy had.nits pretty sad to see. I hope our US FED doesn't do the same. I disagree with overmanaging and keynesian economic overintervention.
I think this article highlights one of the most important factors driving stock market returns. If their interest in meme stocks and crypto is anything to go by, millenials certainly have a big appetite for risk, which obviously augers well for your thesis. 2022 was also a difficult year for investors and potential pitfalls remain, which hopefully has caused the sentiment reset to negative/risk-off, which usually precedes big upwards moves. Finally, bubbles in the market normally coincide with emergent new technologies. The most recent example of this was the late 90s Internet bubble. I expect a much bigger bubble will be caused by the increased adoption and consumer awareness of a whole host of new technologies, including AI, blockchain, electric and autonomous cars, gene and cell therapy, and cellular agriculture, to name just a few.