08-08-2023, 06:30 PM
(08-08-2023, 06:11 PM)BIGDADDYFROMCINCINNATI Wrote: 2024 will be a great year for us economically, so we can expect the stock market to go Gangbusters in 2024.
I have to ask....
are you pushing this because you're fed up with people on the right attacking Biden/WH on the economy or do you actually believe what you're saying?
I, honest to God, want you to be right.
Rule #1 of the market is never try to predict it like you're doing here. Nobody knows what the market is going to do...only what it could do based upon indicators.
It's time to stop looking at CPI and start looking at different BLS data points.....consumer confidence, wages, employment, new home constructions...things like that.
Inflation has run it's course....and hopefully it doesn't start running another course since the Fed has no tools to combat another run.
