You are referring to rhetoric in the news and not reality in my opinion. 99% of all purchases last year were on credit. Wages have been stagnant for 30 years, Housing costs are through the roof. The stock Market is being artificially inflated by money from the federal reserve and Most live paycheck to paycheck. Its a fake recovery with fake fundamentals. And my theory isn't even based on that. Im just looking at the triple top chart. How are fundamentals strong when the dollar is devalued constantly by printing more of them constantly and giving them to their crony bankers? The economy is only good for the top 5% getting free interest money to invest. Of course my theory is only my opinion. We will know soon. And right now this fake trade war may be a way to tank the market by 10-20% so the cronies can load up. Seems to be a lot of that going on now. How are fundamentals good when millennials are shrouded in college debt with minimum wage jobs if they have one at all? Ive noticed since I started a construction company and started taking scrap copper a steel to the scrapyard that the price of steel determines a strong economy and strong fundamentals. Right before the 2008-09 crash steal was $13 per hundred lbs. and the economy was on fire. Now I think its like$3 per 100lbs. and has been since the recession started in 2008. What kind of fundamentals do we really have when the stock market goes down when employment numbers are higher. The exact opposite of the supply and demand economics that I wasted my money on in college.GL
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