When this is all over and done, there’s going to be some screamin’ bargains out there.
I think that the actions of the ECB are the most interesting so far. Their injections have not stopped the LIBOR rate from going higher (by about 10+ BP), and they injected more today. The ECB’s actions are why the Fed now has room to act without threatening the dollar’s value, IMO.
“...there’s going to be some screamin’ bargains out there.”
I think you’re exactly right. Stay sharp and pounce.
You're right on all counts. I just can't tell you the right time to buy those bargains.
theres going to be some screamin bargains out there.
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Question is when? August? September? October? I’ve seen overvalued markets really tank twice in my adult life in September and October so this is a dangerous time of the year to go all in. Is this one of those years with a significant late summer/fall correction? How much longer does our economy go without a recession and when does the possibility of a recession factor in? What will the effect of the housing downturn be on the perception of wealth and well-being? Is there really a liquidity crises? Does Hillary overturn the economic apple cart?