Well, much different than my usual predictions during 8 dismal Obama years, one of my beliefs is in major numbers in the DOW and other places indicating we are in for a Bull Market in 2017.
http://www.investopedia.com/terms/b/bullmarket.asp" rel="nofollow - http://www.investopedia.com/terms/b/bullmarket.asp
Making a mental note that the DOW just broke 20,000 (for the first time ever) - that was my threshold personally to indicate we are on the way up.
http://money.cnn.com/2017/01/25/investing/dow-20000-stocks/index.html" rel="nofollow - http://money.cnn.com/2017/01/25/investing/dow-20000-stocks/index.html
- http://money.cnn.com/data/markets/dow" rel="nofollow - - - DOW +0.61%
- 20,034.27
/
- - +121.56
-
http://money.cnn.com/data/markets/nasdaq" rel="nofollow -
- - NASDAQ +0.66%
- 5,638.07
/
- - +37.11
-
http://money.cnn.com/data/markets/sandp" rel="nofollow -
- - S&P +0.55%
- 2,292.54
/
- - +12.47
Ironically look at the world markets -
http://money.cnn.com/data/world_markets/nikkei225" rel="nofollow -
- Japan - - +1.43%
- 19,057.50
- - +273.38
http://money.cnn.com/data/world_markets/hang_seng" rel="nofollow -
- Hong Kong - - +0.43%
- 23,049.12
- - +99.69
http://money.cnn.com/data/world_markets/ftse100" rel="nofollow -
- London - - +0.26%
- 7,168.86
- - +18.57
http://money.cnn.com/data/world_markets/dax" rel="nofollow -
- Germany - - +1.76%
- 11,799.44
- - +208.11
comment: What means this? It could be translated things will not be business as usual and often times what we need more than anything else is Change.
The trade situation for the U.S. during the last decade could be expressed in rather basic terms - "It sucked"
We were looking at massive trade deficits with money, jobs, and even building factories outside the U.S. at an all time high. Our labor market was being gutted by incentives to promote warm fuzzy feelings with trade partners which were trashing the American manufacturing market and allowing companies to outsource labor and jobs.
The Trump Effect - well - basically - as of today many entrenched powerful things are being challenged and the way it was - "It is over"
Am I glad to get off the soap box with my placard "The End is Near" finally? I am. I want things to be better. I want an American Renaissance - a rise of the middle class - more jobs and what we have not had for years - HOPE.
Can we dare to dream?
I am. You know - what you picture as the future - has a lot to do with what happens in your future and a nation. When people in America start envisioning success and a booming economy- we are on the verge of it happening.
Why not? It's about friggin' time.
Medclinician http://money.cnn.com/data/world_markets/dax" rel="nofollow -
------------- "not if but when" the original Medclinician
|