SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : John Pitera's Market Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Pitera who wrote (18358)8/8/2016 9:20:47 AM
From: richardred4 Recommendations

Recommended By
John Pitera
mary-ally-smith
robert b furman
sixty2nds

  Read Replies (1) of 33421
 
Hi John: FWIW John as you know I was around trading in 1987 and before. I don't know if I'm in the majority or minority. Even though I'm just an individual stock picker. I don't trade indexes or EFT's. I personally don't feel the irrational exuberance in these current conditions as in 87. Some conditions, I've been seeing, corrections on earnings misses. IPO 's that are also not going through the roof. I also don't see enough signs to warrant a US recession. Poor world growth with poor outlook conditions currently. So near term, I don't feel US equities are overpriced. Consequently IMO I see US debt instruments being unattractive near term. I'm also in the camp tax cuts both corporate & personal will drive major growth going forward. A big If, but if, a plan such as this gets passed and put in place. Especially with current low rates, in unison with tax cuts. I see the US markets taking initial pause, but actually rising on gradually rising interest rates. This as market are content with rising corporate profits and increasing GDP growth. However as rates rise due to tax cuts. I see fast rising interest rates making debt instruments and the long depressed financial sector attractive.

P.S. JMO- I know what I feel and what actually happens, might just be a pipe dream, but hey, I want to see America succeed and thrive. Also considering Brexit. It was an eye opener to see Softbank buy ARM for 32 billion. I also see China still wanting to buy US companies. Deals they can get by the FTC.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News