Hey Folks,
Re: if all my prior posts are accurately describing the real economic conditions in the USA? Whence goes the Dow Jones, and the S&P 100, and the S&P 500, and the NASDAQ?
I put this post up because of the endless questions of exactly this nature that I recieve.
And if you wonder about this, then you never read my since destroyed Website or any of these Blogs going back to 2011!
So here it is! I will answer this question for the umpteenth time!
All the stock markets are going STRAIGHT THE F_CK UP, to and beyond the moon!!
In fact, I am now reassessing, and am on the verge of changing my predictions on these things for the seventh time; namely, I am now very close to concluding that the Dow Jones is very probably going much, much higher than my currently prognosticated 36,000!
And everything else, of course, will be pulled along with it!
And this is my position, despite my reading the very same lies and BS that you do, e.g. https://finance.yahoo.com/news/fund-managers-say-see-next-economic-crash-looming-144251620.html
And all my many - only - upward revisions on this subject of the Market's direction and ultimate target have been caused by the FED's insanely structured ZIRP, which I did not foresee in 2008-2009 when I first started writing about these things.
Where: ZIRP = Zero Interest Rate Policy -- for the Banks and not for the Sheeple!
Cheers,
Richard
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