Posted on 01/13/2016 11:25:02 AM PST by GilGil
The first week of July 2013 was the last time the Russell 2000 traded at these levels. That is 30 months of buy-and-hold for no return. Despite the constant clammer from "Small Cap fund managers" that they are the plaxce to be for protection against a soaring USD (since they are dominantly domestically focused), it seems the fact that small caps are much more sensitive to credit market conditions is the real reason and that market is carnaging.
(Excerpt) Read more at zerohedge.com ...
What is that awful noise I hear??
Oh, it’s the gears grinding at the Federal Reserve as they slam into reverse.
Don’t think the ppt can do anything now.
So where is all the money going to go? Real estate?
Gold is up a little
To the ReadyHome Market for unqualified losers.
Is this that great economy Hillary and Obama gave us?
Notice Hillary and the libs blaming Bush again and coining a new oft repeated phrase - The Bush “GREAT RECESSION” - THAT of course Obama and Hillary could not overcome in EIGHT years.
That’s alright...I have a good feeling about this 1.5 billion dollar Lotto ticket I bought.
I’m curious as to where I can buy a ‘constant clammer’? My current clammer isn’t the least bit constant.
RBS says sell everything NOW. That’s pretty amazing and something I’ve never seen before. I haven’t sold anything yet and probably wont without talking to my adviser.
Great gains today.
This is just a counter trend bump. I expect we get to a 2000 S&P and back down we go. I hope I am wrong because this is very bad for the country.
You called that. Tuesday should be interesting. I believe the markets are closed Monday.
Did you notice that the Fed waited until after the markets closed to announce the GDP revisions for Q4 down to .6%. they said there was nothing sinister about waiting until after close that there had been unexpected delays.
If the GDP revision had been announced during trading hours the Dow would have closed down 800. So I expect that next week we will be reaching for the August lows which is down another 3%. Frankly, I expect the Dow to be down to around 7,000 by December 2016.
No GilGil, I missed that. Pretty much SOP though.
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