So in other words, no one knows exactly where the market is going. Shocking news.
But other analysts see Wall Street as primed for a breakout.
...
Who to believe?
The Left *has* to talk up a recession. It’s their primary hope in getting Trump removed or at least defeated in 2020.
When National Enquirer’s Weekly World News shut down, 90% of the stringers found jobs at Marketwatch. They all believe in bigfoot, UFOs, aliens and snorting coke before writing reports for Morgan Stanley. I’d rather consult a Tibetan soothesayer before the frauds at Morgan Stanley.
Of course, expect ‘a correction”, courtesy of György Schwartz and friends, just ahead of the mid-terms. I’m sure that Emperor György Palpatine is prepared to lose several hundred million, if it results in the Demonrats regaining Congress. ANYTHING to get PDJT impeached!
Certain stocks will correct; but the market is trading appropriately on a bright future.
Marketwatch is notorious for spewing liberal propaganda and putting out worthless articles like this one.
For the last 10 years, maybe 20 years, there has really been nowhere else to put your money. Interest rates are the pits, international has been mostly awful, etc. It came down to the market or the mattress, pick which you want to put your money in. Maybe more people will start choosing to stuff their mattresses with cash but short of that, still not sure what a reasonable alternative investment is in this current environment.