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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (76939)1/2/2007 11:54:21 AM
From: Paul Kern  Read Replies (1) | Respond to of 110194
 
Most everybody on the stock shows on FOX, CNBC and Bloomberg this weekend seems to expect a decent up market in 2007.

In the darkest days of the 2000-2001 meltdown, CNBC was calling the bottom daily and showcased talking heads who predicted humongous rallies every other day. The the worse the markets, the more happy talk.

Remember who their advertisers are.



To: John Vosilla who wrote (76939)1/2/2007 1:44:29 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 110194
 
Maybe. Though rates were higher and valuations more stretched back then.

Plus the Fed had been on a hiking campaign that began in late 86.

I just don't see anything derailing the market this year as it stands now.

The only possibility is some 180 degree reversal in inflation expectations beginning sometime soon.

Housing alone cannot bring down the economy.