The Recession Is Already Priced Into Stocks [View article]
Dude - this article is RUBBISH. During the housing boom (a.k.a. "credit free-for-all") stocks, like real estate, became greatly OVERVALUED. Now they are STARTING to return to normal valuations.
Your last comment is just precious - " Unless you think we’re headed for a stock market crash or depression, now is a time to buy stocks." YEAH RIGHT. LMAO. FYI Greg - we are in the MIDST of a STOCK MARKET CRASH !!! One year ago the Dow was at 13,675, today it closed at 8,378, and there is NO END IN SIGHT. CAN YOU SAY CRASH?
So sure, if you want to catch a FALLING KNIFE, buy stocks. If you want to lose even more money, buy stocks. Thanks for the advice, Greg.
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Dude - this article is RUBBISH. During the housing boom (a.k.a. "credit free-for-all") stocks, like real estate, became greatly OVERVALUED. Now they are STARTING to return to normal valuations.
Oct 24 16:54 pm
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All Comments by Eagle-Chief »The Recession Is Already Priced Into Stocks [View article]
Your last comment is just precious - " Unless you think we’re headed for a stock market crash or depression, now is a time to buy stocks." YEAH RIGHT. LMAO. FYI Greg - we are in the MIDST of a STOCK MARKET CRASH !!! One year ago the Dow was at 13,675, today it closed at 8,378, and there is NO END IN SIGHT. CAN YOU SAY CRASH?
So sure, if you want to catch a FALLING KNIFE, buy stocks. If you want to lose even more money, buy stocks. Thanks for the advice, Greg.