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Lets kick in the margin calls and really get it going down hill fast.
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Wall Street’s really bullish on the stock market in 2019, but don’t get too excitedIf this soul-crushing climate has you lamenting your prowess at forecasting the direction of the stock market, wait until you see just how miserably the well-compensated Wall Street professionals have fared over the years. They are like weather forecasts host !!! Only thing they are right about is what the weather was like yesterday... This reminds me of the efficient markets hypothesis which in a nutshell means the market is random and cannot be predicted. Despite this fact, analysts will continue to predict the market as this gives investors more confidence. I wonder what analysts will predict for 2019 🤔 No shit
Source: MarketWatch - 🏆 3. / 97 Read more »
Wall Street economists think the stock market misinterpreted Powell and big rally was overeactionEconomists are taking a second look at Federal Reserve Chairman Jerome Powell's speech Wednesday and wondering if the sharply dovish reaction wasn't a bit overdone. No shit. This thing has been overinflated for quite a while. Let the market do what it does Dear PapaJohns Your anchovies pizza only is delicious. Sausage & Anchovies is new and now I'm hungry for protein week.
Source: CNBC - 🏆 12. / 72 Read more »
Recession fears will spike when the stock market finally bottoms: Wall Street veteran Jim PaulsenHowever, the strategist also says the combination of slower growth and fear could present a buying opportunity for investors. No shit Sherlock. One of favorite “guessers” on macro! Plausen is a better guesser than most!
Source: CNBC - 🏆 12. / 72 Read more »
Stock market freakout: Wall Street bets the boom may be overInvestors are increasingly betting that the rapid economic and profit growth of the past year is about to come to an abrupt end. Let me guess, people will stupidly blame Trump if it does, right? No shit. No duh. You Can Hit Afterburner On The Jet For Only So Long Before You Run Out Of fuel. With no refueling tanker your SOL. The 25% corporate tax breaks 2017 put THE jet on fumes. 2 trillion national debt, Jan 2019. Donald is POTUS.
Source: CNN - 🏆 4. / 95 Read more »