Markets 2021: Stocks soar, IPOs explode, crypto goes wild

It's been quite a year! Kudos to Biden and Powell for keeping growth going and avoiding a meltdown amid the most challenging economic conditions in nearly a century.

Hopefully, globalization and free trade will continue to retreat, which could eventually lead to higher real wages for lower and mid-income earners in developed countries. Viva la "onshoring"!

stocks represented a quarter of household assets as of the third quarter,

Not in Japan! Where cash, govt bonds and life insurance are king. LOL.

Prices go up and down…

the S&P 500 had risen 25%, its third-straight annual increase

And how about Japan’s Nikkei?

I recall some JT commenters suggesting about a year ago, that it would take out its all time highs this year, but I guess it wasn’t to be. I’m not betting against the Nikkei myself, but I’m not going to bet for it anytime soon, either. Need serious political change before I could bring myself to invest in the Nikkei..

Looking forward to a great 2022 as well! Don't listen to the media, listen to the charts!