Quote:
Originally Posted by Slava
Basically most people suggest that we've come too far, too fast and its not sustainable (speaking more about the stock market here, but certainly this is an economic reality as well). I don't want to derail the thread here, so I'll stop at that, but certainly that seems to be the pervasive attitude I've seen out there.
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Statistically, September is the only month of the year with a long-term, negative rate of return.
In other words, if doo-doo is going to happen, it's going to happen in September.
Add that onto an astronomical rise since March and it seems the Gods are lining something up . . . . . .
However, if everyone is thinking that, there's a good chance the opposite is going to happen.
There's a ton of cash out there earning one half of one percent that's starting to squirm . . . . . and that will mean something too.
Cowperson