I read 3 or 4 of these doom and gloom forecasts a week here and yet stocks keep holding their own or going up.
Do you understand why they are going up?
—I read 3 or 4 of these doom and gloom forecasts a week here and yet stocks keep holding their own or going up.—
Yup. I think they will skyrocket for the same reason they are up now: Inflation. i.e. stocks are not going up. The dollar is just losing value.
You read 3 doom and gloom articles each week, and I read 3 stocks are going to soar articles each week.
Can’t say how many times I bought or sold stock on some seemingly solid prediction and then watched the opposite happen. IOW they don’t know.
It is a bit of a scam because at some point they will be right and then they tout that “prediction” forever.
Stocks usually go up in an election year, because the majority’s preferred candidate is always likely to win. Thus the consumer psychology that things will get better is almost inevitable.