The great Bull market in its last stages?

The great bull market in its last stages? U.S. car sales fall sharply in June; Silicon Valley begins to crack visibly; October doom? Ron Paul predicts gold up 50% stocks down 25% this October
BY IWB · JULY 4, 2017

http://investmentwatchblog.com/the-...dicts-gold-up-50-stocks-down-25-this-october/

 

The stock market is beginning to turn. We have had huge non-confirmation for the past week or more, and today the market is down about 1.45% . Wait 'till tomorrow! We'll get a correction next week but it looks like the bull market has ended.

 

It's certainly possible. A LOT depends on Congress, at this point.

I'm not optimistic about them.

 

Given his past predictions, I wouldn't put a whit on Ron Paul's economic claims.

A couple days results in the stock market doesn't mean a lot, and the last couple days probably reflect more concern with the North Korean issue than anything else.

Stocks are overpriced, so a correction wouldn't be a surprise. However, overall economic indicators remain pretty strong, so I think it may be a bit premature to write the bull off yet.

 

Non-confirmation is not usually associated with corrections, but we'll see.

 

please don't waste your time predicting the future. Its a fools errand. If you could do it you'd be a billionaire

 

You do it all the time. And yes, you do stalk me.

 

if so why so afraid to present your best example???

 

As Sales Plunge, GM Might Cancel Six Car Models
by Wolf Richter • Jul 20, 2017

GM is getting whacked harder than any of the major automakers by the industry-wide plunge in car sales, as Americans switch in ever larger numbers from cars to “trucks,” which include pickups, van, SUVs and crossovers. In the first half of 2017, GM’s car sales in the US plunged 19%, and in June 38%.

The rest of the industry (without GM) booked declines in car sales of “only” 10% in the first half and 9% in June.

http://wolfstreet.com/2017/07/20/gm-might-cancel-six-car-models-after-2020/#comments
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Goldman Sachs Says That There Is A 99 Percent Chance That Stock Prices Will Not Keep Going Up Like This
By Michael Snyder, on July 31st, 2017

– North Korea is threatening to nuke the US
– Donald Trump is firing his entire cabinet
– The Federal Reserve has dropped interest rates to record lows and drowned the world in trillions of dollars of cash
– Debt levels are at record highs
– Entire banking systems, especially in Europe, are in need of massive bailouts
– The US government will run out of money in less than 90-days and hit the debt ceiling once again


http://theeconomiccollapseblog.com/...stock-prices-will-not-keep-going-up-like-this

 

Former Fed Chairman Alan Greenspan Ominously Warns That The Biggest Bond Bubble In History Is About To Burst
By Michael Snyder, on August 4th, 2017

Are we right on the verge of one of the greatest financial collapses in American history? I have been repeatedly warning that our ridiculously over-inflated stock market bubble could burst at any time, but former Federal Reserve Chairman Alan Greenspan believes that the bond bubble actually presents an even greater danger. When you look at the long-term charts, you will see that an epic bond bubble has been growing since the early 1980s, and when it finally collapses the financial carnage is going to be unlike anything we have ever seen before.

“The current level of interest rates is abnormally low and there’s only one direction in which they can go, and when they start they will be rather rapid,” Greenspan said on “Squawk Box.”

http://theeconomiccollapseblog.com/...gest-bond-bubble-in-history-is-about-to-burst