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December 18, 2018 | News Alert: The Party Is Over! Greenspan!

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian: http://kingdomecon.wordpress.com.

Tuesday, December 18, 5:53 p.m., EST, Greenspan says the party’s over on Wall Street. Equity prices not likely to go higher. His interview was with Julia Chatterley of CNN.

 

https://www.cnn.com/2018/12/18/business/alan-greenspan-stock-market-party-over/index.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fcnn_topstories+%28RSS%3A+CNN+-+Top+Stories%29

 

Greenspan says that if markets go up further than at the end of the run, run for cover! Greenspan says the volatility is a function of how we speak, think and feel – and it’s variable, he said. Unless human nature changes volatility can not change.

 

Mr. Trump tweets the following: I hope the people over at the Fed will read today’s Wall Street Journal Editorial before they make yet another mistake. Also don’t let the market become any more illiquid than it already is. Stop with the 50 B’s. Feel the market, don’t just go by meaningless numbers.

 

Comments: a few discerning investors are recognizing what is happening within our cyber markets. Cyber markets are metaphysical markets and metaphysical markets are subject to crash as confidence wanes. Confidence is now waning and this is unlikely to change for some time.

 

Greenspan and the Donald are right on with their comments. The problems are now being exposed as interest rates rise. But the bigger issue is a drying up of liquidity and a decline in investor confidence. This is unlikely to change.

 

RUN FOR OVER and get out of stocks (with a few exceptions). Finance is a confidence game and when investor confidence goes the party’s over. Global Central Bank rigging may prevent a sudden collapse in an index as all markets have circuit breakers which can shut down a market after a substantial decline.

 

After 10 years of bubble finance we now are on the road to a huge correction. Will this huge correction happen in 2018 or will it be postponed until later in 2019? It’s impossible to predict these events with precise timing. Emotion is changing, however, and this is significant! Prepare for a huge correction within months or less! Only God knows!

 

I am: https://kingdomecon.wordpress.com.

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December 18th, 2018

Posted In: Kingdom Economics

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