Nothing but the fed tomorrow....markets will be hoping and praying for a rate cut tomorrow or the latest July. A rate cut? Haaaa...all this talk about gdp growth and strong job numbers and wages yet they are talking about a rate cut...real funny....a rate cut when the fed funds rate is hovering around 2%!! Hilarious. Wonder what happens when the recession and next crisis comes and the fed funds rate is at a solid 1%! Back to zero we go and then negative! Lots of participants expecting a rate cut from the fed in the next one or two fed meetings. Wonder if the fed will giveth ... knowing them they will. They have to bow down to wallstreet and make everything peaches and rainbows and happy times all the time. They will keep dovish to satisfy all of wallstreets needs!!!!
No worries. I'm short semis and small caps. Even if the move is higher the fall is harder so I'll just average in and make the best of it.
Yes, SP500 tumbled from 101 back in 1979 to 2917 today. Imagine you short this house of cards all these years?
The fed is responsible for about 87% of those gains!!!! As you can see they always bow to wallstreet and give them anything and everything to keep everything blue skies and colorful rainbows. ECONOMY The Federal Reserve is likely to say rate cuts are coming, satisfying markets PUBLISHED 2 HOURS AGOUPDATED 21 MIN AGO
As you can see, the fed will give what the market wants today because they don't want wallstreet crying like little bitches!!!! ECONOMY The Federal Reserve is likely to say rate cuts are coming, satisfying markets PUBLISHED 2 HOURS AGOUPDATED 21 MIN AGO https://www.cnbc.com/2019/06/19/the...-rate-cuts-are-coming-satisfying-markets.html
So in 40 years a jump of 2800+%%%% So let's do some quick fun math 2917 X 2800% = 81,676 by 2059!!! There is no way even remotely possible you will see the s&p at 81,676 by 2059
You are correct and the market will certainly come off. Absolutely. But as you’ve also so capably demonstrated: you can run out of capital trying to time the thing.