The economist and redfin CEO have reported a slowdown in housing especially in bell weather states like California. Chinese investments in the country have plummeted. Stock markets are in the correction territory for the longest time. Any thoughts or predictions?
Stock markets are a few points away from all time highs - what are you smoking????
All time highs is exactly why you'd think they would correct lol SMH. P/E ratios are super high for tech sector..a lot have price multiples that heading into unrealistic territory and will correct. Look long term RSIs, and typical chart indicators for the tech sector on trading view lol the entire sector is overbought.
Just because the market is near all time highs doesn’t mean it’s in correction territory. All data points to a solid economy. Slow down is housing yes, but it’s mostly likely temporary. We’ll see.
The DOW is a garbage index.
Yeah, my thoughts are, "fuck the speculation and predictions"
Housing will correct and it’s needed specially for California NY etc. Stock market can go to 30k or come back to 20k. I’d like it to come back at 20k. Recession by 2020.
How many people on here timed the last market crash successfully? Zero, bc if they were any good they wouldn’t need jobs.
Wishes are not facts
Stock market decline is still in early stages
Stock markets in correction territory?
Incorrect