Here is an analysis by a stock analyst. Folks, we are in a bubble..... We all know what bubbles do.....
http://www.marketwatch.com/story/scary-1929-market-chart-gains-traction-2014-02-11
http://www.marketwatch.com/story/scary-1929-market-chart-gains-traction-2014-02-11
The only way I do NOT see the stock market going down, would be war in Europe (over Russia invading Ukraine, which WILL happen once the Olympics are done) and/or in Japan (China is pissed off over a couple of islands, though I don't see movement over there yet).
ReplyDeleteIf no war breaks out, the economy could very well tumble this year. But seeing the conditions as the world is right now, I think that will still happen next year after Russia seizes most of Europe and China seizes Japan.