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Friday, Jan 25
With the Dow Jones Industrial Average nearing all time highs - something that would have been...
With the Dow Jones Industrial Average nearing all time highs - something that would have been unthinkable not long ago - we suddenly find ourselves on the horns of a dilemma. On the one hand, the market needs the Fed to keep pushing stimulus, but eventually it must break free from that support if the gains are going to be sustained. Many investors are skeptical that we can. "We're screwed long-term," says Springer Financial's Keith Springer. "This has been the trend for the last 20 years. We have a crisis, build a bubble to get out of it for five years, the market makes a slight new high, and then we crash."