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Spin Zone / Re: President's effect on stock market
« on: October 02, 2016, 02:42:05 PM »My argument is that nobody knows. The stock markets is too complex to be reliably predictable and it is random whether it goes up or down over a given time period. The only real "rule", other than stocks go down when I buy them, is that there is a general upward trend consistent with economic growth.
If that were the case, the US economy would be booming right now. The stock market is above 18,000 only because the fed is keeping interest rates low. Keeping these rates artificially low drives investors into the market. If interest rates were where they should be the stock market would probably be in the 9,000 to 10,000 range.
The bubble is going to break, not a matter of "if" but "when".