Here’s one for all you cynics with eyes wide open. James Howard Kunstler posted his “Bang and Whimper” forecast at Phil’s Stock World, and it’s a humdinger. Some highlights: The biggest political shock awaiting us is the massive disruption of the major party nominating conventions next summer, when thousands of angry citizens descend on Tampa […]
Category Archives: Stock Market Forecasts
Don’t Chase The Rally
From Michael Kahn’s Jan. 19 column at Barron’s: It appears the stock market is finally firing on all burners despite a raft of problems still facing the global economy. … But don’t get complacent or enthusiastic about this rally. While stocks have pushed above short-term technical resistance levels, they are far from being in the […]
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Ramping Up Our Defense
We’ve been looking for short-term strength in stocks ahead of a decline over the summer, but the short term is draining away quickly without much stock strength to report. Several factors suggest that a market breather is in order. The effect of stimulus is wearing off as shown by tapering earnings growth at companies, a […]
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Deficit, Housing, and Crash 2011
Good morning! ______________________________ OVERVIEW $1.4T Deficit is No. 1 Economic Threat | Economists think it’s worse than high unemployment and the risk of inflation or deflation. Housing Prices Falling | The Case-Shiller Index of home prices is down 3.7 percent in six months, and probably has farther to fall. Market Crash 2011 | Bears say […]
Also posted in Finance at First Light, Real Estate, US Economy, US politics
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Not Too Late to Ride The Bubble
Many readers of this free site have written to ask if it’s too late to join the stock market rally. I don’t think so. We’ve come a long way since the end of summer, but there’s a lot going for the market that I expect to carry it for a while. I track a sturdy […]
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