This Market Bubble’s About to Burst
2020 is long gone, and I say good riddance.
There’s so much to look forward to this year with vaccine distribution ramping up — and alongside it the promise for a return to normalcy.
This only means good things for the markets.
But be careful. You don’t want to get swept up in the bullish euphoria only to be smacked back down.
Here’s everything I’m looking at this week…
- Be Careful on the FOMO
Bitcoin smashed previous records at $20,000 and is now worth over $31,000 as of this writing.
Just yesterday, though, the cryptocurrency was worth over $34,000 before it came crashing back down overnight.
Prices are recovering, but it teaches a good lesson here…
- Reducing Space Junk in an Innovative Way
As more and more satellites and spacecraft get launched, a major issue begins to rise: space junk.
There’s a limited amount of area in space, and upon deactivation of equipment, some vessels stay in orbit, causing major problems for the future.
One solution for the future is to use the military’s Space Force to clean it up…
But current capabilities are limited in this field.
- This Bubble Could Burst Any Second
When one thinks of bubbles, several things come to mind — the tech bubble of the early 2000s, Bitcoin’s bubble in 2017, etc.
All of these had one thing in common — there was huge bullish euphoria making prices shoot up to obscene levels.
Now a new bubble has been spotted as we head into 2021.
- Vaccine Deliveries off to a Rocky Start
Reopening the economy is entirely dependent on how quickly a vaccine can get to the masses.
However, even with all of this time to prepare, the initial distribution is already off to a rocky start.
Who’s to blame here?
There are many pointing fingers at others…
What do you have your eye on this week? Let me know by shooting me an email at AskRay@SevenFigurePublishing.com.
To a bright future,