Anything is possible. People have had no other place to invest since the fed kept rates so low. Those who value investment security should be moving over to the bond market now. That will leave people who wont shit the bed and bail over market volatility.Hakik wrote: ↑Tue Jun 12, 2018 1:55 pmPeople have been overpaying for blue chip stocks for a while now, and have become way too optimistic. This market is just too damn expensive.JohnnyP wrote: ↑Tue Jun 12, 2018 1:44 pmYouve already seen a correction taking place with the fed increasing interest rates and investors finding the bond market an attractive alternate to stocks. It will likely continue as interest rates go up. That also minimizes the chances of large corrections.Hakik wrote: ↑Tue Jun 12, 2018 1:37 pm
The stock market is overinflated and overpriced. The whole marked is running on fumes, with the whole thing just going with the momentum of the bull run that started since 2009, and went crazy in January 2016. Traders are just all on a bull high from making so much money in the past 9 years, not realizing they're overestimate the market and the worth of all these company. Crash incoming in 6, 5, 4 month...
Small corrections may just delay the inevitable. But the inevitable is already overdue. There's gonna be a crash. In fact, we may already be in the early phase of a crash. The Dow has been dipping wildly, just like at the beginning of previous crashes.
Btw, did you know I stayed in a Holiday Inn Express last night?