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ChrisJP

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ChrisJP

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Re: None

Tuesday, 10/30/2018 6:09:44 PM

Tuesday, October 30, 2018 6:09:44 PM

Post# of 10842
Wow ! I guess I should have posted here 3 weeks ago when things started heading south in a hurry.

I'm not expecting a 2001 - 2003 or 2008 - 2009 style meltdown. Nobody's over leveraged. I'm fact we might get a nice bounce here. And not finish the year badly.

The proof we're not in a meltdown is that clearly there's been a rotation -- not all out selling -- into safer yield bearing stocks. And money has come out of high PE growth stocks.

If interest rates keep climbing, expect it to continue.

Chris

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