US Equity Markets will not go down

This is the sweet spot, as Greenspan is set to retire. The support for this market has taken away all risk, mark my words US equity markets will be up 10% by year end, and every dip will be bought.

 

were you around when GSPN took over from cigar chomper? who preceeded him?

remember what the markets did?

 

Markets have better than a 50% chance of going higher by eoy.
Thats all I can say

 

We had a bit of break one day that October.

 

it is a bit scary to think of who might replace greenspan. he is the master.

fortunately, there are tons of cash around looking for something to do.

 

I dont know, I would like to know.

 

Now I know.




Charles S. Hamlin Aug. 10, 1914-Aug. 9, 1916
W.P.G. Harding Aug. 10, 1916-Aug. 9, 1922
Daniel R. Crissinger May 1, 1923-Sept. 15, 1927
Roy A. Young Oct. 4, 1927-Aug. 31, 1930
Eugene Meyer Sept. 16, 1930-May 10, 1933
Eugene R. Black May 19, 1933-Aug. 15, 1934
Marriner S. Eccles Nov. 15, 1934-Jan. 31, 19481
Thomas B. McCabe Apr. 15, 1948-Mar. 31, 1951
Wm. McC. Martin, Jr Apr. 2, 1951-Jan. 31, 1970
Arthur F. Burns Feb. 1, 1970-Jan. 31, 1978
G. William Miller Mar. 8, 1978-Aug. 6, 1979
Paul A. Volcker Aug. 6, 1979-Aug. 11, 1987
Alan Greenspan Aug. 11, 1987- 2

 

Dow chart

 

Was Greenspan the first Jewish Fed Chairman?

 

Master bubble blower for sure.