"America's best days are behind us." 7:40 AM · Nov 22, 2019·Twitter Web App
"Most indicators are rolling over and saying we are about to have a correction of more than 5%.
My intuition says the Fed is not going to allow a big correction before the election. they can do that, as long as the economy does not sink into a major recession.
They are propping up the wealth of the 1% at the expense of the lower 90% of the economic ladder. This has been going on since at least Reagan, probably a lot early.
Bottom line: If tariffs on EU or more on China in mid December, even the fed might not be able to stop a correction of 10%, but until earnings roll over, the market will keep going higher until next summer at least. "
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