Increasingly bullish investors may be trying to convince themselves it’s okay to buy stocks after run-up, Citigroup says

“Investors want markets to move higher, underscoring the reality that investment professionals are paid to participate and not to sit back and wait for better entry points,” the Citi analysts said in a research note published at the end of last week. “Consequently, they need to convince themselves that all is okay.”

“We regularly get pushback from more upbeat investors who tell us that earnings and liquidity argue for more upside and that we are overly worried,” the Citi analysts said. “As a result, the concept of ‘this time’s different’ is palpable and disconcerting.” The S&P 500 gained about 15% through July 8, increasing about 8.2% in the second quarter and up about 5.8% in the first three months of 2021, the report shows. The median first-half performance for the S&P 500 since 1900 is 3.8%, according to Citi.

the risk of a complete wipe out (25% sell off or greater) is possible right now: 1) Hack events - already occurring 2) Brokerage outages leading to issues (happened already) 3) Cyber event - software issue in big tech $msft $aapl $nflx $amzn $tsla

Flooding the market with all different cryptocurrency Crypto ...no body is gonna make anything this way....ElonMusk called dogecoin a hustle but at least it's a hustle that can help millions....just stop investing little in this and that and buydoge 💰💸💵💲

Tell Citi to stop wiring money to random hedge funds and then we’ll talk

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