No--not at all! Reasons are: 1) Rising Interest Rate Rhetoric From NY Fed Governor Williams and 2) Concern Over China Trade Deal (Or Lack Thereof), 3) Inverted Yield Curve. We are in a BEAR MARKET!
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Here’s why the stock market’s big bounce doesn’t mean investors will outrun the bearVolatility doesn’t take a holiday. Our call of the day says investors need to be prepared to ride these markets out for many miles before a bottom is in and we can see a resumption of that uptrend. Was watching the DJI on YahooFinance live... It ain't pretty New_Narrative Investing in stocks with unstable boy genius in the WH is like playing Russian roulette. JustDont
Source: MarketWatch - 🏆 3. / 97 Read more »
Here’s why the stock market is a ‘hot mess’ — and how January could calm the chaosIt’s been a long, holiday-shortened week for stocks. Our call of the day says all of this chaos could clear up in January.
Source: MarketWatch - 🏆 3. / 97 Read more »