You're probably right. If you're good at stock picking, small caps would be a good place.
We bought a house with excellent street appeal, good bones and a somewhat shabby interior in a good area. Eight years later, a bit of hard work and a lot of money and we've more than doubled our money (about a $4 increase for every $1 spent on renovations).
Never heard of him, so googled. Seems he got 2023 absolutely wrong - stocks, bonds, fed pivots, etc. all wrong.
So the S&P has gone up almost every time the Fed has stopped raising the rates. And they stopped raising rates in July 2023.
I dont listen to predictions by either the bulls or bears
I figured that was coming.
I said NO one can predict the future. Buffet is the first one to tell you he doesn't even try.
Doesn't look like much compared to where were at now but Bubble 1 appears to have dropped -40% from it's peak and bubble 2 dropped about -50 from it's peak .
It did, and because I was young at the time they both proved to be great times to DCA, which I did. I made lots of money during the post bubble years. Point is, the "bubbles" the media loves to panic about needs to be put in perspective.
So will it stay there?
Prof. Siegle is an economist. He does not sell brokerage services. His timeing may be slightly off but if he says the market is going to make a specific move he is usually right. That, and his credentials are stellar.
We don't need investment specific advice - he isn't our fiduciary. As an economist he should have some macro insight that is interesting if not useful.
I'm not sure what your asking but I would just keep an eye out and wait for the dust to settle before buying .
Never claimed anything like that. PLEASE feel free to ignore my posts. Thank You.
LOL. Really. I never said you did. You shilled for him, but won't post one thing he apparently has said. You were dismissive of my summary of his 2023 predictions which I took the time to find based on your suggestion. Why post to begin with?
