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Strategies & Market Trends : US Inflation and What To Do About It -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (1056)7/28/2019 4:40:27 PM
From: Rarebird  Read Replies (1) | Respond to of 1504
 
I expect a 15%-20% decline in the market leading up to the election starting early in 2020, most likely in February if the polls are close. For the remainder of the year into January 2020, I expect more of the same, stock market rally and much higher prices. Everyone on the Fed, with the exception of Brainard has been appointed by Trump. The fix is in. I expect easing, a lot more easing into the election.
I have been looking at RYE a lot lately, but have not pulled the trigger. You are very old fashioned. I follow your bearish arguments and they do make sense theto me except they are not applicable anymore. They made more sense prior to 1997. We are in a different era now. No debt ceiling now. Trump can spend money like wildfire now, especially in regard to the major indices. It is a complete sell out and snow job. Mind you, I don't necessarily agree with it, but as a swing trader, will profit from it. I am looking at SPX 3500 or even 4100 by January. Biggest landslide in history for Trump. I agree with you that Dem Progressive Party has become a threat to American Democracy.