Last edited:
Lol . What Randy’s not saying is the bear mkt had lasted 1 yr or longer before 5/21/2009 and dropped 57% from peak to valley . This shock puts 2008-2009 to Shame by 5 fold plus there’s no defined end to this . It’s a min of 24 months out to see an end . We went down for 5 weeks after a 11 yr bull . Co’s Like apple with zero growth the last 2 yrs trade at 25 p/e and worth more 1/2 the gdp of Germany ? This is far from over plus 2 things never happen the same .But we have no idea when we head back down
S&p 3000 this week and beyond.
Futures bouncing higher this holiday weekend.
Only 3k? What a bear. Try 5k.
5k by October 6k by December
Straight up. By then will have a dozen trillion dollar companies!!!!
6k? Why not 10k? After all it is free money. Just print $10 trillion more. And then when pension funds go bankrupt, why not $100 trillion for them and social security. All the world problems are solved. Why didn't they think of this 100 years ago?
I wouldn't worry about pension funds and social security. They will always be funded. Talk of social security benefits drying up in the mid 2030s is a joke. Will never happen...government will print tens of trillions of dollars to keep everything propped up....