The stock market

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įįįįuu:
The all time high is 36,799.65.
Will it close above that in 2022 or 2023?
It is currently at 29888.78

Utah Neolib:
It has to go up at some point after a recession, so if not that itíll hit it at some point in 2024. I expect the recession to be a fairly minor one, so itís effects arenít even comparable to 2008 in any meaningful way.

DT:
Hmm, I don't expect stocks to bottom out until the Fed goes back into monetary easing mode.  Sometime during 2024 could be a possibility

Person Man:
Quote from: Utah Neolib on June 22, 2022, 10:41:00 PM

It has to go up at some point after a recession, so if not that itíll hit it at some point in 2024. I expect the recession to be a fairly minor one, so itís effects arenít even comparable to 2008 in any meaningful way.




Probably closer to the Saving and Loans crisis or the IT/9/11 recession?

Utah Neolib:
Quote from: Person Man on June 28, 2022, 12:20:56 PM

Quote from: Utah Neolib on June 22, 2022, 10:41:00 PM

It has to go up at some point after a recession, so if not that itíll hit it at some point in 2024. I expect the recession to be a fairly minor one, so itís effects arenít even comparable to 2008 in any meaningful way.




Probably closer to the Saving and Loans crisis or the IT/9/11 recession?


Yeah, it reminds me of that.

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