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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (75327)	12/29/2022 6:02:22 PM
From: Lee Lichterman III	4 Recommendations Recommended By ajtj99 Mevis Sun Tzu towerdog Read Replies (2) \| Respond to of 97817

I keep forgetting to look at my long term outlook charts for a year end target but off the top of my head, I'd say a low of 3250 but end the year around 4k. I think rates stay higher than most expect but the market will just get used to it like in the 90s and early 2000s. 4-1/2 to 5% isn't that high. One thing everyone is ignoring right now in their projections on earnings though is the 15% global tax kicking in 1 January and the 1% share buyback tax. These will be kicking in at the same time margins are being squeezed from higher labor costs. I imagine cities will be increasing taxes too to pay for shortfalls and increasing aid programs. I'd write more but have to run.