Happy Days Are Here Again.
>>Happy Days Are Here Again.<<
Right?
Most are absolutely oblivious of the fact that another world war is right around the corner. Not simply the war on Islamic terror.
Wonder how the markets will react?
All the FED has to do is print another $10 trillion in QE and bond-buying, of course, pass it through Wall Street member banks, for their cut, and it should continue to blow bubbles in stocks, real estate and bonds.
The party never has to end.
The average P/E ratio for the S&P 500 is in the high teens, low twenties right now. I’m not sure the fundamentals support that much growth in price without a corresponding increase in earnings.
Yes, when an election is near and a Democrat has been in office, the libmedia always paints a sunny picture of our foundering, moribund economy.
Meth is a helluva drug.
To do it in 2-3 years would be back to back gains of over 50%. I don't see that happening. You would need an economy that grew at a 4 - 5% range or as others have pointed out a hyperinflationary period that killed the value of the dollar. Even if Trump becomes President it will take a year for his tax policies to work their way into economy. So that's one year gone (2017) out of the 2 they are predicting it will take. Even with 2 good years at 15% stock market increases you only make it to 24k and some change.