The market's Fed cut 'obsession' is all smoke and mirrors, says dean of valuation

above 3,000 in Wednesday's trading session, Damodaran still saw ways to get invested.

"My problem with Amazon is not that it's not a great company. I think it's an amazing company. The question [is] whether you can pay the price you pay for Amazon right now and get value from the company," he said.

Its a trump move....political

If that's the case, it might be time to move to bonds, since the earnings are going negative.

No matter what... Big problems ahead

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Goldman Sachs warns investors that a Fed rate cut won't do much for the stock market'A lot of that rise in the market, in my estimation, is already behind us,' says Goldman strategist David Kostin. Folks the Economy May look rosy right now. But it’s not. A recession is likely within the next year. Not sure how bad, but my instinct tell me it’s coming. They are confused. Sure make easier to borrow more money for pet projects
Source: CNBC - 🏆 12. / 72 Read more »