You know, although the dow is at 17k at the moment, and that is my predicted 2016 upper bound, I get "the feel" that this bump could have legs.
And that scares the crap out of me.
You are responding to a fake Milton -- the k5 defector, try to keep up guy.
Ghost of Igloi wrote:
Milt,
Get your eyes checked.
Igy
I would NOT encourage people to analyze past earnings to look for the future direction of the market.
Ghost of Igloi wrote:
Labor is a lagging not a leading economic indicator. I would analyze earnings if you are looking for the future direction of the market:
http://realinvestmentadvice.co...f-q4-2015/
Igy
we all acknowledge that earnings are falling.
Ghost of Igloi wrote:
agip,
Even from your often quoted FactSet:
http://www.factset.com/insight...t3b29P2ZaT
Igy
The LMCI is not directly related to market direction. It IS related to the potential for rate increases by the Fed which, in turn, may affect market direction.
Ghost of Igloi wrote:
Labor is a lagging not a leading economic indicator. I would analyze earnings if you are looking for the future direction of the market:
http://realinvestmentadvice.co...f-q4-2015/
Igy