Ghost of Igloi wrote:
so even with this 16 month trading range, stocks under trump have still gone up in the 9-11% per year range. (annualized).
hard to budge this stock market off its long course. 10 years of going through tough times and still it persists.
Ah, maybe not....
wait, I thought we were muppets to the big houses and we shouldn't trust anything they say.
Igy “works” for MS. He is a shill for them.
to be fair, historically, once the unemployment rate starts moving back up, a recession is inevitable and will hit within a year or so.
The weird thing about things right now is the very low real interest rate. So hard to see a recession happen when we have negative or zero real interest rates. Not sure if a recession under these circumstances would be unprecedented, but it would certainly be rare.
usually when the fed rate peaks, it is far above the inflation rate. Now it's right on it.