Replies

To: Eagles Field

2 posted on 12/30/2017 10:14:33 AM PST by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)

3 posted on 12/30/2017 10:16:50 AM PST by mylife ( The roar of the masses could be farts)

Here I thought you were going to tell me I was going to be
“super rich”. Guess I’ll just have to wait and see then. Thanks

HAPPY NEW YEAR everyone.

4 posted on 12/30/2017 10:18:08 AM PST by DaveA37

The market will have a very soft January. Because many 401K plans have retirement date funds which have to re-balance at the end of the year. That means they will have to sell stocks and buy bonds. Then the bonds will start to fall. (don’t ever put you money in one of these things.)

Also, in January the tax plan will hit very negatively on the 1st quarter balance sheets. In some cases realized tax losses will be worth less (see GE). In other cases companies will be forced to pay taxes on foreign holdings (see apple). But these are one time changes. And even though they may total in the billions for many large corporations, they will be offset by much lower taxes in the future.

But the market will hit a top in April then again in July and finally again in December. Expect the market to be around 15% higher next December.

11 posted on 12/30/2017 10:32:06 AM PST by poinq

12 posted on 12/30/2017 10:35:56 AM PST by CGASMIA68

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