Keep in mind this is only my opinion, I gues we all feel a need for purpose so this is my method od madness, this and my health blog. The conditions we have is uprecedented in so many ways compared to historical charts or imformation. The National debt and world economy is the issue underlieing a improving economy that many say could be jut an illusion that all could be well. Todays time we live in immediate gratification days and that should be a red flag. Even so there are engines running where improvising should be a key to our financial status. Some say the housing market has had a long run however hiding in the background is rental costs which do influence the purchasing of homes. Low interest rates have provided investment incintive and are very low on historical standards. Combining those two may indicate the run is not over. Depending on price range and availability compared to rental prices. At what point when interest rates rise to that it affects housing is a guess at best. How America handles the National debt is another matter. Determining the big market crashs from normal market corrections to consolidation one needs to look for huge bubbles such as what we saw in the housing crises with 0 down and interest only loans. None of which we have now especially with credit ratings. I think there is a posibility they will repeat some of it by reducing requirements and the extent they push it to.
In my opinion watch for extreme volatility such as the spring of 87 where the market then was jumping up and dsown 400 points. It gave us warning signs. I havn`t seen that yet, what we have had is normal corrections but nothing of any magnitude. That doesn`t mean one should go all in though. I would stay protected. The atical linked below is a word of precaution but to see what the doomsysers we need more signs.
http://www.marketwatch.com/story/bear-market-may-wait-for-equities-to-extend-gains-2015-07-14
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