Quote:
Originally Posted by SetBuilder
I would be very cautious to expect further significant price increases. The global economy has serious cracks in its foundation and US debt levels have never been higher. We're also overdue for a recession. I fear it's going to be very ugly.
|
I have gotten emails or seen ads nearly every day for the past ten years saying the same thing from some market guru or other. Always the same message about the debt and the Fed and the dollar; always the same predictions of massive drops in stock prices, and so on and so forth. And always backed up by analysis purporting to show it's just around the corner, or already started. Got them at Dow 10,000, and 12,000, and 15,000, and 20,000, etc. etc. They always want to sell you some guide to making money in a crash. Carry on.
Here's one of my faves, Porter Stansberry, predicting 2018 will be the beginning of the end.
http://thecrux.com/a-huge-rally-and-...gger-collapse/
He doesn't tell you he's had the same message since 2009 lol. You would have done real well listening to his crap.
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at
https://www.jamesspaethartwork.com/
He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt.