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 : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (90714)3/16/2017 4:38:58 PM
From: Qualified Opinion  Read Replies (3) | Respond to of 218574
 
President Trump only has 55 days in office.
He wants the U.S. Government to negotiate directly with the drug companies
You can check their stock prices.



To: GROUND ZERO™ who wrote (90714)3/16/2017 5:01:42 PM
From: Underexposed1 Recommendation

Recommended By
Sawdusty

  Read Replies (1) | Respond to of 218574
 
hahaha... you ask a Canadian if the USA is headed for a recession... well you are headed for something that is for sure.

I started to write a long convoluted discussion on what is happening in your country but I deleted it. We in Canada watch in fascination at what is happening there and hope Trump's tweaking of NAFTA does not hurt us up here... no guarantees there as Trump's pronouncements are not 100% accurate.

I hear of talk of wanting to increase the debt ceiling.... how much debt is too much? If I had an obscene debt and went to my banker to raise my credit limit... what response would I get??? Whizz up a rope (in polite terms)

No US president in my lifetime has made any serious effort at reducing debt...Trump is of the same ilk.

Yes, I think a recession is in the offing at some point. But I don't have the tools or chart to follow/predict it.



To: GROUND ZERO™ who wrote (90714)3/16/2017 10:39:12 PM
From: Underexposed  Read Replies (2) | Respond to of 218574
 
I have thought about your question

are we headed for a recession?
I think you are asking the wrong person about this... this is a fundamental analysis question IMHO

Here is a definition of recession as I understand it:

Recession:

a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
In Canada, before the present government, we were under such a recession technically, though it was denied by the government at the time. The business climate has improved in the past year since the election so at present it appears that we are out of recessionary pressures.... but that could change depending on what is in store for us with the changes in your country as they affect Canada. (NAFTA and cross border taxing of exports to America)

You would be a better position to judge the status of recession in your country... but my limited knowledge of the USA economics tells me that employment in the USA is up and I believe other economic factors are also up... so you tell me :)

Now... if your question is.." do you have any TA that suggests a market bubble is about to burst?" I have never researched such a question and I would have to research past financial collapses to see if there is a pattern that I can use. To date I have not looked at this situation. A gut feel is that the rise of markets cannot go on forever... but I can point to many many economic experts over the last 2 years...predicting the demise of the USA markets and they were wrong wrong wrong. If you listened to them back then you would have all your money in gold and silver bullion and moving to a bunker to wait out the storm.

That is why I don't listen to economic news very much.... especially the doom and gloom type.

UE