April 27, 2014 at 11:10 am #12527alan2102Participant
As I said up thread: “it will be more than a little
interesting to see just what transpires over the next 5 years.
Inflation? Deflation? Stagflation? Collapse? Business as
usual? Who knows? I’ll bump this thread yearly at least for an
So, I’m a little late, but may as well get started… and nowhere
better to start than with Walayat, who has been consistently
correct in his calls. The key facts are:
DOW, early Feb 2013 – circa 13,500
DOW, late Apr 2014 – circa 16,300
…. and S&P, etc., to match.
Stock Market Bears Wrong Again, Apple to Push Dow to New All
Apr 24, 2014 – 04:34 AM GMT
Despite continuing perma bearish diatribe of why the stocks
bull markets demise is always imminent, instead the general
stock market indices such as the S&P have been setting new all
time highs with the Dow set to imminently make its next all
time closing high that follows on strong corporate news from
the tech giants such as Apple and Facebook.
So to answer the question – Is the stocks bull market over?
NO! No sign whatsoever that this (what people decades from now
will look back on as being the greatest bull market in
history) bull market is anywhere near being over!
The subsequent price action closely matched my trend
expectations as the Dow bottomed at around 15,250, and then
began its volatile climb to set a new all time intra-day high
on 4th of April 2014 at 16,631, just failing to break its
closing high of 16,577 of 31st December 2013 by 5 points
My next in-depth stock market analysis will follow early May
2014, following the completion of my latest ebook in the
Inflation Mega-trend series by the end of this month. Ensure
you are subscribed to my always free newsletter to get BOTH in
your email inbox.
Walayat actually does give all this stuff away free, fyi.
I last mentioned him here:
Would that I had been smart enough to listen to his advice! On the
other hand, it is OK to suspend judgement and just listen to
someone for a good long while before adopting them as a
personal authority in such matters, and taking action based on
Meanwhile, on a less-successful note:
Re: US Hyperinflation Is A Myth
February 12, 2013 at 10:51 pm #6917
If inflation is happening at all, it’s temporary. Deflation
has been underway for more than a decade….
The Dow topped, S&P is topping today, and the NASDAQ is only
a week or so behind….
Re: The World According to The Automatic Earth – A 2013
February 16, 2013 at 8:50 am #6935
The crisis of 2008 isn’t over. What we were concerned about
then is still very much on the cards. We’ve had a longer
reprieve than we had expected in between phase I and phase II
of the credit crunch, but that reprieve appears to be over.
There are strong signals of an impending market reversal,
indicating a coming shift from euphoria to concern and then to
fear. The optimism we see at the moment is simply
characteristic of a top. Things always look really good from
the peak of a bubble, but at that point there’s nowhere to go
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