Why the US economy will likely fall into a recession next year

opion8d · Dec 19, 2018

After staging a weak rally of less than 100 points Wednesday, December 19, 2018, the DJIA sunk another 350 points by market close. Look out for Friday. Massive rally or massive selloff - place your bets.

Day of the Candor · Dec 23, 2018

Pollycy said: ↑

I don't disagree with you... certainly the interest rate increase is very good for the bond market, and I certainly do agree that we should never have started gushing out tidal waves of new money at any time. That, coupled with all the reckless "Quantitative Easings" are what caused this latest gigantic over-valuation of stocks. By my admittedly unprofessional calculation, in general, the DOW is still at least 7,000 points higher than it should be -- and that ratio of "pudge" extends to all the many other sub-considerations that DOW stocks are meshed-in with. But, the 'DAQ is overvalued, probably even more! And the S&P, too.

I agree that we should support -- not fight -- the value of the U. S. Dollar... by not "running the printing presses". And, we should stop this idiotic crushing of interest rates. Let interest rates rise, or fall, according to DEMAND for credit -- and NOTHING ELSE. Even with this latest increase in interest rates, they are still very, very low....
Click to expand...

No doubt about it, the Fed is running the show. Will it have a happy ending? Not in 2019.

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Why the US economy will likely fall into a recession next year

opion8d Well-Known Member Past Donor

Day of the Candor Well-Known Member

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Why the US economy will likely fall into a recession next year

opion8d Well-Known Member Past Donor

Day of the Candor Well-Known Member

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