RE:RE:Prepare for a severe market correction coming in January.December 29, 2021 another disastourous prediction gone the wrong direction.
EndZonefor7 wrote: That's a very valid concern apapas and bang on about the breadth of the market being very concentrated. Sets up for a dangerous situation some say is long overdue.
On the other hand I was watching a guy on BNN this morning and he reminded us that the stock market and the economy are two different beasts as we all know. With the Fed pouring mass liquidity into the markets it's hard to see a massive correction versus a typical short term type we've had the last few times. Tapering hasn't freaked the markets so far.
With Covid hospitalisations will be the key (fingers crossed), the markets may overlook the worst case scenario. At least we can hope that and we just trade within a range.
Definitely a stock pickers market this year IMO and I'm confident CNC will be the #1 mining stock by year end. We do need to start out with a bang on some assays on new properties leading into the strategic.