Of course it can but in the end we all know where this leads to, its never different, remember the only way they know how "grow" an economy is through the creation of asset bubbles, and here we are again doing the same exact thing that tore this economy apart just a few short years ago! This financial crisis is not over, its just beginning. You just cant see it because of all the smoke and mirrors!
That is going to happen, of course no one has a clue when it will occur, but it will, and the thing is why would anyone be surprised if this were to occur, no one should be shaking their heads or in complete disbelief when it does happen. Its going to be quite a painting when it does unfold!
I wouldnt be surprised if the dow got to 20,000 and lost half its value to 10,000... There is ZERO reason to get into this market, you will be able to buy the SPX under 1000 again that is certain. Of course it doesnt look like that today, but it doesnt take much to see a market drop 30-50% in a few short months!
The economy you see today is an artificial economy. Sad that no one understands this, but its true. This economy isnt real...and guess what Chinas economy isnt real along with all the other economies out there, this will all be known in the years to come when you see documentaries and books written about this, this is going to end worse than 2007!
Yes and when it does, there will be no markets to trade, either. They're all in. This is the last hurrah. Enjoy it while it lasts...and root for it to do so.
They are all in, every single one of them, this is a global market and once the fall starts its going to be a gigantic fall, of course you will only believe it when it finally happens, no one is going to come out now and say its going to happen when every market around the globe is up hundreds of percent in the last few years! I mean how much more of a run can the SPX have, how much more greed can you possibly squeeze out of the markets, is 130%+ not a good return...just remember today will be the 6th month in a row for gains in all major averages!
what exactly you mean? Japan stocks down double digit for the year and move most days in 2% range with 3-4% moves happening regularly Russell volatility usually above 20 not enough?
no it's not enough. this is a ponzi scheme with a cruel twist. unlimited money. it's win/win/win if you own assets.
But there ARE ramifications. They've been manageable so far. There is almost always left out of these woe is me discussions on ET the possibility that the Fed knows more about managing monetary policy in a complex world economy then we do. Is it possible they know better then we how to extract us from a financial crisis with minimal net damage? Naw, they are a bunch of ignoramuses, right?