Quote from S2007S:
7-10 years.
Fed and government have pumped the entire economy up with cash and propped up nearly every failing company that should have failed, that's why we have this rally that everyone believes to be the new bull market. New highs on the indexes will take years. Look at the NDX 100 even during the last bull market we had, it never came close to new highs, the s&p is years and yearssss away.
Quote from S2007S:
7-10 years.
Fed and government have pumped the entire economy up with cash and propped up nearly every failing company that should have failed, that's why we have this rally that everyone believes to be the new bull market. New highs on the indexes will take years. Look at the NDX 100 even during the last bull market we had, it never came close to new highs, the s&p is years and yearssss away.
Quote from Kassz007:
Just out of curiosity, what companies are you referring to when you say "Fed and government have pumped the entire economy up with cash and propped up nearly every failing company that should have failed", what companies are you referring to?