Bear, Correction, Recession what is it?

[joeea]

Someone told me once that the market will go up, and the market will go down. People seem to forget that.

How could we forget, when we don't have any idea what someone told you?

 

[street]

So, what are we calling the last 6 weeks in the markets? Is it done, is it just starting, has it ended and where is it going for 2019? What is your prediction?

With all the records we have seen in the past two months it sure has been interesting. There has been some nice trading day, so we will see. LOL

 

[Lakewood90712]

So, what are we calling the last 6 weeks in the markets? . LOL

The unwinding of Irrational Exuberance in the western markets , and the realization that 7% year over year growth in China is not sustainable.

 

[HFWR]

The unwinding of Irrational Exuberance in the western markets , and the realization that 7% year over year growth in China is not sustainable.

Pretty good summation...

 

[street]

Thanks for your assumptions and thoughts on what has been taking place. I know that the markets go up and down from investing for 40 years but it really was a different method and style the last 6 or so weeks. LOL