Emini S&P 500 expectations.
- Thread starter malaspina
- Start date
If you’re using economic indicators to determine your allocation to the stock market, you will most certainly be well behind the curve......
Opinion: Most economists don’t expect a recession — which might be why they’re wrong
https://www.marketwatch.com/story/m...on-which-might-be-why-theyre-wrong-2018-12-12
....."Financial markets never collapse when things look bad. In fact, quite the contrary is true. Before contractions begin, macroeconomic flows always look fine. That is why the vast majority of economists always proclaim the economy to be in excellent health just before it swoons. Despite these failures, indeed despite repeating almost precisely those failures, economists have continued to pore over the same macroeconomic fundamentals for clues to the future. If the conventional macroeconomic approach is useless even in retrospect, if it cannot explain or understand an outcome when we know what it is, has it a prayer of doing so when the goal is assessing the future?”....
Opinion: Most economists don’t expect a recession — which might be why they’re wrong
https://www.marketwatch.com/story/m...on-which-might-be-why-theyre-wrong-2018-12-12
....."Financial markets never collapse when things look bad. In fact, quite the contrary is true. Before contractions begin, macroeconomic flows always look fine. That is why the vast majority of economists always proclaim the economy to be in excellent health just before it swoons. Despite these failures, indeed despite repeating almost precisely those failures, economists have continued to pore over the same macroeconomic fundamentals for clues to the future. If the conventional macroeconomic approach is useless even in retrospect, if it cannot explain or understand an outcome when we know what it is, has it a prayer of doing so when the goal is assessing the future?”....
%% Most of the trend s are still down;
FB may go past 50 dma, but still below 200dma
