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Posted on 3/8/13 at 1:24 am to LSUtoOmaha
On Jan.1, "there was nearly $10Trillion parked in money market funds, bank savings accounts, and CD's, according to Fed Reserve data." USA Today, 3/4.
If only $1Trillion is spilling out right now into stocks . . .
After looking at some inflation adjusted charts from 2007 (our last high), we could go to 16,000.
As always, subject to a 500 or 1000 drop at anytime, but with the Obama Grand Bargain Offensive with the Republicans, the 16,000 is plausible.
If only $1Trillion is spilling out right now into stocks . . .
After looking at some inflation adjusted charts from 2007 (our last high), we could go to 16,000.
As always, subject to a 500 or 1000 drop at anytime, but with the Obama Grand Bargain Offensive with the Republicans, the 16,000 is plausible.
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