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Mobius is wrong this time...Al_Dente wrote:“Mobius says there’s a 30% correction coming for U.S. stocks”
“…the market is waiting for a trigger to tumble …”
“Mobius, who predicted the start of the bull market in 2009, has concerns that any fall would be amplified by the increasing use of exchange traded funds, which account for nearly one-half of all trading in U.S. stocks. His fear is ETFs would trigger further drops once markets fall.”
https://www.marketwatch.com/story/mark- ... =rss&rss=1
victorm wrote:Mobius is wrong this time...Al_Dente wrote:“Mobius says there’s a 30% correction coming for U.S. stocks”
“…the market is waiting for a trigger to tumble …”
“Mobius, who predicted the start of the bull market in 2009, has concerns that any fall would be amplified by the increasing use of exchange traded funds, which account for nearly one-half of all trading in U.S. stocks. His fear is ETFs would trigger further drops once markets fall.”
https://www.marketwatch.com/story/mark- ... =rss&rss=1
Banks are doing well, up and up we go...
How come, most corp reports shows all is good but so many analysts saying market should tumble?
Market love to confuse many and send people into wrong direction...
Market swallows any negativity the very next day and move on like nothing happened. That's not a behaviour prior "plange" (though, it depends how dip one consider a plange)Clueless wrote:victorm, you just proved that Mobius is correct when he says a "30% correction" is coming.victorm wrote:Mobius is wrong this time...Al_Dente wrote:“Mobius says there’s a 30% correction coming for U.S. stocks”
“…the market is waiting for a trigger to tumble …”
“Mobius, who predicted the start of the bull market in 2009, has concerns that any fall would be amplified by the increasing use of exchange traded funds, which account for nearly one-half of all trading in U.S. stocks. His fear is ETFs would trigger further drops once markets fall.”
https://www.marketwatch.com/story/mark- ... =rss&rss=1
Banks are doing well, up and up we go...
How come, most corp reports shows all is good but so many analysts saying market should tumble?
Market love to confuse many and send people into wrong direction...
Do you remember how the economy, banks and corporations were doing in 2009 when the market bottomed? If you can answer that question it means Mobius is correct. You just painted a nice picture in agreement with his forecast.
At the top of bull markets there is complacency because folks start thinking nothing can go wrong. The economy is strong with low unemployment and corporations are doing well. That is when trouble comes.
On the other hand, at the bottom of bear markets, nothing can go right. The economy is horrible, unemployment is high and corporations are doing bad.
Which do you think is happening at the moment?