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So GDP is estimated to be running at 2% in Q3? Guess that’s better than the .9% in Q1 and the 1.2% in Q2.
In the past, on occasion – I’ve Tweeted out a few ideas I think would make Twitter better. But more importantly I’ve mentioned a few things that would likely turn Twitter – as a company – around in no time. I’m talking profitable – if properly executed. As a power user, on since 2009, I […]
I was shocked today to see that Bank of America has a price target on the SPX nine-years out. We normally just see year-end price targets for the current year. Here are the 2016 year-end price targets from top Wall Street analysts from way back at the very start of 2016. As everyone knows, Wall […]
Our good friends at Morgan Stanley released a profound set of price projections for where they believe the S&P 500 will stand a year from now. Summary – “most likely the market is flat in a year, but there’s a chance it could drop -27% or rise +13%” Their highly-paid team of experts has determined […]
“Negative interest rates are an act of desperation, a signal that traditional policy options have proved ineffective…” according to this article at Bloomberg “By early July 2016, approximately $13 trillion in debt with negative yields existed in the world.” (article) I’ve thrown away most of my old books on how markets work because I couldn’t […]
Anytime I start to feel complacent I like to look back at last August and remind myself “they” can take this market down dramatically – at any time if they wish. I did a lot of research as to the “reasons” given for an -11% drop in mere few days. Those three items sum up […]