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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 421.32-0.5%4:00 PM EST

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To: bart13 who wrote (119287)5/28/2016 12:56:14 AM
From: John Vosilla  Read Replies (1) of 219410
 
But any large black swans will likely push the economy over the edge into recession.

It would have to be a pretty big one. Housing is no longer a drag on the economy and will probably push it into overdrive in 2-3 years without that big black swan event. We still are far from a repeat of all the factors that went into the 2006 peak in many sectors and many regions of the US. Guessing near $4 gas prices nationally, a flat yield curve around 3%, several years of 1,2M+ new home starts, plus lots of first time home buyers leveraged with no skin in the game will signal we are near the end IMHO.. DOW and national housing prices could all be up another 20-30% before that happens..
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