Um. Um.. ???.. Both up the same creek !!.. Armed with paddles.. Up !!.. or .. Down ????..
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Dow breaks through 26k, S&P at 2894! Big Bulls bulling.
1 trillion in buy backs , earnings up 20% , pe ratio falling all the time , trade deals happening .... still the most hated bull market in history
althought i see the 500 is at the top of the channel again, see what happens
2900 S&P has broken through, Dow and Nasdaq up again... boom times.
us analysts targets are still 3000 - 3200 for the s&p500 this end of year
https://www.bloomberg.com/news/artic...d=premium-asia
60% interest rates in argentina .... tempting
https://www.bloomberg.com/news/artic...d=premium-asia
buffett still buying
https://www.cnbc.com/2018/08/30/warr...-recently.html
Don't be tempted. I've just been to a bank over here (Argentina)and they've all run out of USD. They were advertising 1 months fixed deposit with 35% interest pa. Supermarkets closing down for a few days as they don' t know what to sell their goods for in order to have enough cash to restock at unknown prices. Many over here have mortgages in USD or tied to USD and inflation. One of my colleagues just told me his mortgage has gone up 25% in the last 2 days. Terrible situation and people are in great panic.