title says it. FO. no TC for this topic.
240k TC, Trump will do everything he can to prop up the market until the election so youre safe til then at least
Instead of a market crash, you got a phase 1 deal which includes 200b agriculture produce extra purchases by the Chinese and the tariffs are staying until Dec 2020. I don’t think there is a market crash. Someone’s trying to boo boo you into selling your shares.
Will you buy in this market?
Yes. There must be good names as always to pick up. Like the other commenter said, others have gone onto negative rates. And US can always do more QE relative to others. So there are still a few tools remaining to work out a recession. I think if Trump works out more trade deals in US favor, you might even see some more acceleration.
Interest rates were already slashed twice last year. Corporate debt should have popped by now and the US economy as a whole will suffer more eventually because of the short term propping up via rate cuts. Soon you will get a 0 or even negative interest rate similar to Japan/Europe, and if there is a recession the government will have run out of ways to stimulate the economy. Meaning the next recession after 0 interest rates might last for decades
Mocking the bears is basically a requirement for market tops. Bulls always find a reason why this time is different. And then their balls get ripped off when they’re fully leveraged at all time highs. I don’t know when the crash is coming, but it will come. All I’ll say for a prediction is sometime in the next decade. And you’ll probably be able to buy below today’s prices sometime in the next decade. I just don’t know when.
If Ray dalio doesn't know how would we
Ray dalio came on tv 3 yrs ago calling crash. Had a big contribution in fear mongering. Market has only gone up.
Exactly. He's arguably one of the smartest investors out there and he's wrong, or maybe hes early