I’ve been invested in the U.S. market since 2018, and right now it feels fundamentally broken. This isn’t just about software stocks anymore I’m starting to question whether U.S. equities are even safe. I’m 100% allocated to U.S. stocks, yet it feels like Wall Street can move or crush any name at will.
The market increasingly looks rigged. When a company like Microsoft can drop 15% in a single day, it no longer behaves like a blue-chip it trades like a speculative penny stock. Meanwhile, genuinely strong, long-term value companies are being destroyed with no clear catalyst or justification.
This level of volatility isn’t healthy, rational, or sustainable. It feels driven more by positioning, algorithms, and forced flows than by fundamentals. I’m seriously considering reallocating at least half of my portfolio into European equities to reduce exposure to what’s becoming an increasingly unstable and manipulated market.