RE:Earnings results likely moot eventSome sense on the UK front as they scrapped the tax break for the rich.
That's positive IMO.
clubhouse19 wrote: IMO Looks like the the most important single issue for the next few months, at least, will be what the recent events In Europe and Ukraine and Russia will do to the markets.
This years BBD.3rd qtr earnings may become a moot event considering what is going on overall.
Seems like this will be the period that we come as close as ever to a nuclear event even worse than the Cuban misile crisis specifically in Europe.
This is not being alarmist, just interpreting the events as I see it.
IMO the market will be sold into any rally and fear will take over.
As they say, buy into the fear, but WHEN will be the question.
IE and there are plenty more
1-Putin is being backed into a corner and will in the end have nothing to lose as he will fear for his life.
2- Fascist factions taking over in some countries like Italy with saome descendants of Mussolini already in power. That's apart from other countries using migration as an issue. As in the US and parts of Canada such as Quebec.
3- UK may be going into hyper inflation with this new leader and proposed tax cuts all around when the economy will not support it .
4- relatively good chance that the US will also be run by some faction of the crazies.
5- If all the above isn't enough, we have a recession that is more likely than not.
6- Stubborn Inflation as even the banks are taking a hit even with rising interest rates.
Most pundits that have any sense of being unconflicted are shouting CASH IS KING.