take it to the bank men, 26,000 is a tease, look for a big time drop
Earnings guidance is being raised by 9 outt of every 10 corporations. Rates are still low. Tax reform is creating wage growth. All of this will create 3% plus GNP growth while consumer spending provides the fuel for the economy. A recession is basically off the table for 2019-2020. This, any market correction we see will only be a reason to buy more stocks. This is the greatest bull market of your lifetime after the lost decade during the 2008 financial crisis. Don't miss out!
Earnings guidance is being raised by 9 outt of every 10 corporations. Rates are still low. Tax reform is creating wage growth. All of this will create 3% plus GNP growth while consumer spending provides the fuel for the economy. A recession is basically off the table for 2019-2020. This, any market correction we see will only be a reason to buy more stocks. This is the greatest bull market of your lifetime after the lost decade during the 2008 financial crisis. Don't miss out!
Earnings guidance is being raised by 9 outt of every 10 corporations. Rates are still low. Tax reform is creating wage growth. All of this will create 3% plus GNP growth while consumer spending provides the fuel for the economy. A recession is basically off the table for 2019-2020. This, any market correction we see will only be a reason to buy more stocks. This is the greatest bull market of your lifetime after the lost decade during the 2008 financial crisis. Don't miss out!
Earnings guidance is being raised by 9 outt of every 10 corporations. Rates are still low. Tax reform is creating wage growth. All of this will create 3% plus GNP growth while consumer spending provides the fuel for the economy. A recession is basically off the table for 2019-2020. This, any market correction we see will only be a reason to buy more stocks. This is the greatest bull market of your lifetime after the lost decade during the 2008 financial crisis. Don't miss out!
^^ Great post 'Claw... the way I see it, growth can continue awhile unless the Trump Tarriffs take a nasty turn on corporate behavior or domestic prices (i.e. inflation). It really is a wild card. It's a fight worth taking for the longer-term economically for the U.S., but it could inflict some short-term pain on U.S. investors. To your point, I wouldn't expect it to be any big lasting correction if one does occur.
Someone will blink and change course, and it's clear IMHO that President Xi of China is playing the waiting game (as is Rocket Man of North Korea for different reasons). Both will try to wait it out until the Democrats win in 2020. Whether that happens is unclear, but this is their hope and game plan.
China's economy may not wait until 2020, however...
^^ Great post 'Claw... the way I see it, growth can continue awhile unless the Trump Tarriffs take a nasty turn on corporate behavior or domestic prices (i.e. inflation). It really is a wild card. It's a fight worth taking for the longer-term economically for the U.S., but it could inflict some short-term pain on U.S. investors. To your point, I wouldn't expect it to be any big lasting correction if one does occur.
Someone will blink and change course, and it's clear IMHO that President Xi of China is playing the waiting game (as is Rocket Man of North Korea for different reasons). Both will try to wait it out until the Democrats win in 2020. Whether that happens is unclear, but this is their hope and game plan.
China's economy may not wait until 2020, however...
Well, if today counts this prediction was only a month off. The reality is that today was really a big nothing-burger. The markets are now 5% off highs, more or less, depending on the index. That's nothing. The markets were overheated and needed a breather.....and it's not over. The selloff will most likely continue. It's the way things work.
Is this a crash though?
Not even close! I doubt we ever see another 2008-type crisis in our lifetimes. If we do it will be because of WWIII and that's just not happening.
Well, if today counts this prediction was only a month off. The reality is that today was really a big nothing-burger. The markets are now 5% off highs, more or less, depending on the index. That's nothing. The markets were overheated and needed a breather.....and it's not over. The selloff will most likely continue. It's the way things work.
Is this a crash though?
Not even close! I doubt we ever see another 2008-type crisis in our lifetimes. If we do it will be because of WWIII and that's just not happening.
Give me a break.
Give me a break.
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.