A new view at the current economy!

in #economy6 years ago

Today, I spotted this video at YouTube.

The conclusion is basically that the New World Order is put back by Trump and we can expect a major bull run on stocks for the next 5 or 6 years...

Who knows, it is an interesting point of view though.

Sincerely,

Pele23

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Interesting, my friend. I don't think we have 5-6 more years, though. The U.S. equity markets are in a totally overbought condition. The entire stock market (with the exception of the precious metals miners, and a few other hard-asset producers) is running at 2-3 times the PE ratio levels that are sustainable, given the underlying fundamentals.

Everything about the stock market is a massive bubble created by the fed's low interest rate policies. With the Fed now thinking it's safe to bump up rates (it isn't-- because that's the only thing keeping the bubble from bursting) things are bound to end poorly, and soon.

That was my opinion too, but if big money wants to keep the market rallying, they will... It is a possibillity...

Yes, but even their ability to play Atlas will eventually reach it's limits.

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