RE:RE:RE:Dow over 30,000Moemoney42 wrote: With all due respect Chad I don't buy into that scenario.. the markets have already moved due to the fact that Biden brings rational thought and calm to the markets.. and with all the liquidity pumped into and still being pumped into the economy, the stock market will continue upwwards for most of his term in my opinion, aside from a black swan event which no one can predict. Yes there will be bankruptcies, but there should be enough resurgence of the economy to absorb this... now 3-4 years out.. could be a different story but until then its upwards and onwards with the economy and markets.. IMHO Chad123 wrote: Moemoney42 wrote: Well look at that boys and girls... and DJT said the markets would crash if Biden is elected.. LOL.. yup another lie for the history books.. LOL..
They will crash my friend. Biden does not become the head honcho till Jan 20th I think. Once the market gets out of the frenzy it is in now with hopes of a recovery through vaccines and the stimulus from Yellen to come......then reality will set in. High P/Es, bankruptcies, high unemployment, raising taxes etc will hit it in the face in the future at some point in time. Hard to say when but reality is with the debt that governments have taken and using low interest as an excuse, your looking down the barrel of huge inflation. Don't be fooled by the fed.
Enjoy what is there now but be careful....
By no means dont get me wrong...hard to say when, maybe 3-4 years but there is a tingly feeling in my spine that maybe within a few short years, 2 if we are lucky...then BAM, fed is forced to raise interest rates.
Thats just IMO only....