only on a vicious knife catchin snap back rally.. then back down.. davos is negative adding to the neg loop feedback.
how bout now?? holdin fine baby..on to 100 easy as sp goes to 1650
You know its really not that unrealistic given 4 or 5 years of fed debasement of this so called economic recovery.. plus go look at the megaphone pattern of dow from 2000.. oh my are we going to 3K?
economy is and has always been on shaky ground since 2009 because of policies out of washington..fewer and fewer good paying jobs + immigration causing downward pressure on income, CB internvention, currency wars.. any economic gain has been mostly on credit (cars, appliances) and when the next one hits believe me it will make the great recession look like a joke..because fed will not have any ammo to obscure an economy of anything that looks normal.. its not coincidence that we just had the worst january start in our history..the megaphone pattern that started in 2000 is just gonna get getting bigger and bigger.
Who else could have boosted their bottom line this much