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In 2018...High corporate debt/over leveraged companies, late cycle, increased geopolitical volatility, historic public debt, large demographic retiring.
None of what you said is "new" news and isn't already well known.
and the whole "we have too much debt" is another false narrative that has beaten into peoples heads..
People get hung up on big numbers, but it's important to look at the level of debt in context...like a balance sheet, with assets and liabilities because debt doesn't exist in a vacuum. Debt to equity % is still~82% where is was 12 years ago. Not an issue.
So after that bit of turbulence a couple months ago, looks like we have a pretty nice trajectory occuring. Well over 25,000 now and slowly climbing. I'm seeing plenty of green on my dashboard.
So after that bit of turbulence a couple months ago, looks like we have a pretty nice trajectory occuring. Well over 25,000 now and slowly climbing. I'm seeing plenty of green on my dashboard.
What's actually calmed me throughout this is that it's been a slow, even, steady rise for the most part. Hasn't been these situations of down 500 points on Monday, up 700 on Tuesday. Less volatility.
We've been below 25K for about 2 months now - every time there is a rally, a dip then follows.
We're down today and sitting at around 24,000.
I am thinking that the bull market is out of steam at this point.
Dow at 26,046 and S&P500 at 2,895 as of this post. Losing steam? I hope you guys held in there instead of cashing out.
Dow at 26,046 and S&P500 at 2,895 as of this post. Losing steam? I hope you guys held in there instead of cashing out.
Indeed!
The market proves (almost weekly) no one can accurately and consistently predict what will happen and exactly when, and those who pretend they can are full of it.
People have been calling the crash, I just see too many positive drivers right now... I do think the crash will come but we are 2-4 years away from that. Even Shiller said 2 days ago that it feels more like 1996 and we may have 3-4 years more. If this pans out we could have 10-25% more upside in this market.
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