Black Monday

[winner69]

Post Superbowl blues??
( Should only matter in Philly, where there'll be a lot of loosened feathers )

Teams with people orientated names generally beat teams with animal names in Super Bowl they say....so you probably right

[winner69]

Post Superbowl blues??
( Should only matter in Philly, where there'll be a lot of loosened feathers )

If you into NFL (or life in general) this is a sad story ......brilliant piece of writing though

http://www.nola.com/living/index.ssf...r_orleans_news

[winner69]

Apparently as a result of recent tax reforms and business trends, S&P forecast that the EPS of the S&p500 is expected to increase by about 30% in 2018 and then continue even higher in 2019.

And here we are talking about a market collapse

No worries



Makes you wonder how much longer company profits can grow faster than the the whole economy ...but that’s a question for academics and doesn’t matter to the man in the street.

[Joshuatree]

Apparently,huh Heres another source estimate, and another , take your pick

Wall Street's Rushing to Raise S&P 500 Forecasts for 2018 -

YRI S&P 500 Earnings Forecast - Yardeni Research

BloombergUBS raises 2018 S&P 500 forecast, now sees 18% surge - CNBC.com

There is always some trumpet blowing contrarian with a 10 second stickleback attention span ,talking up his book and this is just the beginning of the magical cryptomerry tour where conjuring and fake news rule supreme.

[Baa_Baa]

It will unfold tomorrow, one way or the other is immaterial, tight stops.

[couta1]

It will unfold tomorrow, one way or the other is immaterial, tight stops.

No stops, it's addition time.

[Raz]

Apparently as a result of recent tax reforms and business trends, S&P forecast that the EPS of the S&p500 is expected to increase by about 30% in 2018 and then continue even higher in 2019.

And here we are talking about a market collapse

No worries



Makes you wonder how much longer company profits can grow faster than the the whole economy ...but that’s a question for academics and doesn’t matter to the man in the street.

The natural balance of a economy is all out of wack, our private business in LA is looking at an estimated 43% increase in bottom line after tax surplus yet their Government balance sheet just keeps kicking it out there collectively. At what point does it just collapse?

[Aaron]

The natural balance of a economy is all out of wack, our private business in LA is looking at an estimated 43% increase in bottom line after tax surplus yet their Government balance sheet just keeps kicking it out there collectively. At what point does it just collapse?

Collapse could be years (decades) away. It doesn't look like a long term sustainable system but Japan's been doing it for a while now. No US govt can reign in debt without being voted out. They need the security of a strong military and police force and they need to increase welfare payments as there is less to share around without taxing the wealthy. Not a lot of options except bigger deficits. A falling US dollar might mean the rest of the world is starting to lose faith except the next three biggest economies (China/Japan/Euro area) are doing the same thing I think. I imagine it will take a long time to happen but whatever happens might happen pretty fast.

A 2% fall in the S & P might extend to 10% before central banks intervene and things will be all rosy again.

[bull....]

nbr has a headline already .............. nz shares to plunge

[ari]

Finally it got here....been a long wait for the thread. Now they can say 'told you so'!