rab, Logic???
There's nothing logical about it...LOL...
Explain???
Explain what???
>> I'm not asking for prediction <<
Yes you are...LOL...
Last month we had all the talking heads screaming "recession coming", last month we were all reminded of the dangers of the 6th year of a Presidency, last month we were supposed to get a "Santa rally"...
Well you know what???
We didn't...LOL...
Does this mean we don't get a recession???
Does this mean the 6th year in office will be better than the 5th year???
Only time will tell, but I do know that it took months after the last recession for all the data to show that we were in a recession, but by the time they figured out we were in one, we were already on our way out...LOL...
Let's look at the $USD$...
stockcharts.com[r,a]waclyyay[pb7!b25!b50!b100!b150!b200][vc60][iUb14!Ua12,26,9!Lh14,3!Ll14]&pref=G
Japan/Europe and the rest of the world led the way when the dollar rallied last year. If interest rates do subside (and they eventually will) than a falling $USD$ will make it seem as if "inflation" went away. Well really not away, but it will offset the rise in cost by making things (from over seas) seem cheaper...
It will also add to earnings from all the companies that do business globally (The entire SnP)...
Gold???
Gold will have to fall (the inflation thing) and energy prices will have to retreat, and if these things can happen, than 2006 could see a major stock market rally...
How can this happen???
Big/fast money left Mr. Market and went into real estate. Now that real estate has plateaued and the fast money has been made "big money" will look to make "fast money" again...
Maybe in the market...
The SPX could easily go to 1500 from here (we're only talking a 17% move from here)...
stockcharts.com[r,a]maclyyay[pb7!b25!b50!b100!b150!b200][vc60][iUb14!Ua12,26,9!Lh14,3!Ll14][J6530777,Y]&pref=G |
