The markets across the world are going higher and higher.
Wealth effect is kicking in.
People are getting richer.
And yet, they aren’t happier.
Why?
Because those who are invested, are wondering what to do. Do they pull out their money, crystallize their gains? Or will the market go even higher after they pull out, only to leave them as helpless bystanders?
Then of course there’s the bunch that aren’t invested at all. They’ve just been watching and waiting, hoping to enter, but never able to truly make up their minds.
The market might be high, but the moods of the hoi polloi?
That’s a trick question, as you know by now, where happiness truly resides!!