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re: When will market be back to 29,000?
Posted on 4/6/20 at 8:05 pm to Little Trump
Posted on 4/6/20 at 8:05 pm to Little Trump
If Trump wins re-election, November. If he loses, your guess is as good as mine.
Posted on 4/6/20 at 8:18 pm to Jake88
quote:
That shut down is going to leave scars that won't pop right back.
My personal belief is that the market will expand the multiple and look right through the muck and mire of bad Q1-Q2 prints/guides as good news continues to pour in. My best guess is that many CEOs will have conservative posturing on Q1 calls beginning later this month and won't have much to go off of yet but the market won't care. Could be wrong but that's what I'm thinking unless we see some bad news start coming out again.
Eta: obviously this is for the stock market itself. I'm not disputing the notion that there will be some issues to sort through in the broader economy unfortunately.
Eta2: as a caveat, OPEC is an annoying wild card. But the energy sector weighting in the market just isn't that meaningful anymore.
This post was edited on 4/6/20 at 8:22 pm
Posted on 4/6/20 at 8:21 pm to timdonaghyswhistle
quote:
If Trump wins re-election, November. If he loses, your guess is as good as mine.
This.
Posted on 4/6/20 at 8:22 pm to Walt OReilly
quote:
I didn’t call him that because of a single post. It’s his history of posts. He hates America
Definitely. Biggest flip flopping idiot on this board
Posted on 4/6/20 at 8:26 pm to Walt OReilly
quote:
You really are a scumbag.
He does take a lot of pleasure in bad news for others.
Posted on 4/6/20 at 8:55 pm to timdonaghyswhistle
quote:
If Trump wins re-election, November. If he loses, your guess is as good as mine.
If he loses, it’s doesn’t come close to that the next 4 years for sure. Not with Groper Joe in charge.
Posted on 4/6/20 at 9:10 pm to Little Trump
A lot of it will depend on Nov Election. If Trump is elected this time next year.
Posted on 4/6/20 at 9:15 pm to Little Trump
quote:A 27% increase in 2 months right during the middle of the first earnings season since the lockdowns?
I say 2-3 months maybe sooner
27% increase by the end of 2021 would me a nice gain and a well above average annualized growth of 15.1%.
Posted on 4/6/20 at 9:16 pm to Little Trump
I'm far from an expert here, but it seems to me the market was artificially inflated by corporations funneling huge amounts of profit into stock buy-backs. And now the stimulus package prevents them from doing this (assuming they would even have the cash flow).
Posted on 4/6/20 at 9:20 pm to Little Trump
The only industry in my town (paper mill) is laying off everyone until August. The economy will get worse before it gets better.
Posted on 4/6/20 at 9:20 pm to Jake88
quote:
That shut down is going to leave scars that won't pop right back. Businesses will go under, loans will default, some unemployment will remain. I hope it's back within a year. That might be too optimistic.
I agree with this except I'll say that the market isn't always a reflection of the economy itself. You are right about the damage that's already been done to the economy. And, every day that goes by it gets worse.
But, I could see the market rebounding a lot sooner than the economy does.
Posted on 4/6/20 at 9:22 pm to Little Trump
I would say 2 to 3 months if not too many small businesses out of business. My guest is by december
Posted on 4/6/20 at 9:48 pm to Little Trump
This will be the entire world going back online at the same time. The upward movement will be like a freight train. It won’t be back at the top in the next 4 months, but it should start to make significant gains very quickly.
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