Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

With the Dow Jones Industrial Average nearing all time highs - something that would have been...

  • Friday, January 25, 5:54 PM ET
    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."
Track new comments on this story

This news story has 4 comments:

  •  
    And every time we crash, the effect (or the price we pay) is much bigger (higher unemployment, longer duration slump, lower pay etc.) and costlier to dig ourselves out. I can't think quickly but anyone with better knowledge add what could be our next shovel if any left?
    25 Jan, 06:30 PM Reply Like
  •  
    Breathless concern emanating from all quarters.

    Short term memory dysfunction in most pundits means they forget what is going on in the macro. Deleveraging is ongoing. Relax.
    26 Jan, 03:50 PM Reply Like
  •  
    Last 20 years? We need to stop pretending that the Clinton Administration, with its two back to back years of surpluses didn't happen, and study it to find out what we were doing right.
    27 Jan, 03:45 PM Reply Like
  •  
    I am sorry but economic system as it stands is simply not
    sustainable because growth cannot keep going the planet
    would die if it did.We must share the resources of the world
    because there is just enough to go around and no more.
    27 Jan, 03:59 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)
Latest Macro Articles
More Latest Articles »