Ah, the good old 2009-2013 rhetoric is back. And still total garbage. Look, if I can find value in the market I'm sure some people with big pockets can as well. There is no PPT.
Zerohedge absolutely nailed the markets 2009-2014 . A good number of bears on here were living off every word they ever said. Nothing like depending on a convicted insider trader banned from most financial markets for trading advice.
Actually, the S&P (before 500) started in 1941 and I've used software that has S&P data back to 1942. Some go further back. S&P 500 Index - 90 Year Historical Chart | MacroTrends Whether it's 93, 80 or 65 years, that's still a significant drop...especially for January, as many look to it as an indicator for the rest of the year (January Effect, etc.).
Before 1957, this kind of data is normally based on Shiller's S&P 500 proxy index. Even if you ignore all data before 1957, the title for this thread is still true.
And today the FOMC will use anything negative in our world today as an excuse to do nothing. They will do nothing but talk. The only thing that will cause them to cut rates in $150.00 crude oil. It's at $85.00 right now. Nothing is falling in price.
Speaking of Romper Room you do know the markets expectation today is for ... no change? Just jawboning about what might be coming in March and down the line. We will know in a few hours in any case - and how the markets will interpret it. Best to wait before sticking foot in mouth yet again.