There has been a narrative circulating this week, spread by some of the biggest financial news sites like Bloomberg, that FOMO (Fear Of Missing Out) is the springboard behind the US stock market rally and that it will continue to propel the US S&P 500 higher until the end of the year. Here’s why both this explanation and prediction are likely to be wrong.
Keep reading with a 7-day free trial
Subscribe to Building Wealth With Tomii Academy to keep reading this post and get 7 days of free access to the full post archives.