I agree with the author, however, wealth or personal income shouldn't be taken out of context.
what people seek is comfort. That's what money buys. if you compare a car from the 60's and a car from the 90's, you would agree that the last one is more technologically advanced.
I think we should put into perspective wealth growth over the years with a discounted technological progress.
I believe that the smart political move that carry on the geopolitic agenda would prefer a crash in october or after the election. Enough time for short-sellers to get squeeze and trigger a late rally this summer. What's gonna happen next? a not-so-unexpected raise in interest rates in september on top of a world food crisis which will crash the stock market.
My bet is on the table. The game is on.
Now the question is for you guys, do you want to stand on the sideline for the next six months, or do you want to grab that last rally to the summit?
U.S. Markets: A Ton of Doubt Calls for Caution [View article]
I think we need a good "last breath" rally for july, then when earnings suddenly show up worst than expected, after the Olympic games, then the market will sink 20%. Sentiment is way too bearish for such thing to happen now.
The Seduction of America [View article]
what people seek is comfort. That's what money buys.
if you compare a car from the 60's and a car from the 90's, you would agree that the last one is more technologically advanced.
I think we should put into perspective wealth growth over the years with a discounted technological progress.
High Likelihood of a Market Crash [View article]
My bet is on the table. The game is on.
Now the question is for you guys, do you want to stand on the sideline for the next six months, or do you want to grab that last rally to the summit?
U.S. Markets: A Ton of Doubt Calls for Caution [View article]