Perhaps. We will have to wait and see.
Many professionals have called for a major correction for the past year (so I am not the only one saying this). It hasn't happened yet, because markets generally do well in an election year. My call was it will happen after the election - and I stand by that. And it is more likely to happen if there is a change of parties in office. They will crash the economy to slow down the agenda of the opposing party.
We can re-visit this post a few months after the election and see where we are at. Hopefully I am wrong.
The rate cuts will be held off until summer, to provide a boost to the economy, right before the election.
Not too difficult to read the tea leaves if one cares to see what really goes on behind the scenes. Fairly easy to connect the dots. Problem is, many folks have lost the ability for critical thinking skills.
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