Today, the S&P 500 is down 36 now.
What rally? That is a dead cat bounce.
Some rally
The author seems to be completely ignorant about the correlation between the stock market and the strength of the U.S. dollar. The dollar reached its post-1980 low in 2010 and has been improving pretty steadily since then. The U.S. stock market has seen huge gains over that time.
I must have missed it............................again...................
31,245.51
▼ 192.75 (0.61%)
June 28, 12:51 PM EDT · Market Open
> The stock market rally may be very close to being over. <
May, might, possibly, could be.
That’s the great thing about being an economist. You’ve always got an out.
“May,” “may,” “likely” - this isn’t news. This isn’t even opinion. This is nothing.
What? Seriously? How long have you been sitting on this information?!!!
I believe seeking alpha is referring to the rally from 3,636.87 on 06/17/2022 to 3,945.86 today.
Bear market rallies like this are also called ‘dead cat bounces’
Yet another lesson about the futility in timing the market. Yet the prideful will persist as they know better than the pro’s who do it for a living and still can’t figure it out.
The administration’s anti- business, anti- energy, anti- productivity, anti- worker, anti- jobs, and anti- USdollar policies, coupled with its irresponsible fiscal and monetary policies generally —
Can only be designed to create a major depression.
Nothing else.
Get prepared to defend yourself. Get some provisions. Be watchful. It’s coming down- possibly sooner than later.
Patterns Persist Since the beginning of 2022.
Nothing will change until oil flows again it put a strangle hold on everything.
Even Ray Charles could've seen this coming.