AndrewJackson
Recycles dryer sheets
- Joined
- Jan 13, 2013
- Messages
- 118
Did anyone see CNBC near the end of the day today? It was very disturbing. They had a breaking news flash across the screen that stated:
"Stocks rally as disappointing jobs report fuels speculation of more fed buying"
So lets get this clear. Bad economic numbers lead to more fed qe which will ultimately drive up stock prices? Who knows where this will end up going. If we repeat the same cycle as 00/08, then we probably have less than 9 months before the wheels start falling off. My guess is we reach an all time high of 1600 on the spx before reality hits.
"Stocks rally as disappointing jobs report fuels speculation of more fed buying"
So lets get this clear. Bad economic numbers lead to more fed qe which will ultimately drive up stock prices? Who knows where this will end up going. If we repeat the same cycle as 00/08, then we probably have less than 9 months before the wheels start falling off. My guess is we reach an all time high of 1600 on the spx before reality hits.
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