The stock market went crazy over Powell's speech at Jackson Hole even though he didn't actually say much. One wonders if it is a case of confirmation bias if everything he says is interpreted as pointing to a rate cut.
My YTD return has now hit 20%, handily outperforming the S&P500. 20% on a 7-figure portfolio is a pretty tidy sum and I have no complaints. Others may have higher returns but its not a competition so let's all Huat together!
I don't know when the next correction is coming but I will continue to DCA ETFs and do a little stock picking.
congrats for doing well this year.
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