01-14-2018, 12:01 PM
Yea the market doesn't make a lot of sense right now. We are due a rescission, (for a couple years now) but the 2008 was such a huge economic correction that it stimulated a really good run. Economy seems a bit over heated to me. And real estate is back where it was, with people living on and depending on irrational equity gains.
Who knows when or how big, but we are definitely due a rescission. When it happens the speculation of 3.0 GDP growth will subside. However the tax cut will definitely delay it.
Predictions anyone? I would guess 4q18 or 1q19.
Who knows when or how big, but we are definitely due a rescission. When it happens the speculation of 3.0 GDP growth will subside. However the tax cut will definitely delay it.
Predictions anyone? I would guess 4q18 or 1q19.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
"If you want to change the world, be that change."
--Gandhi
