10/16/2014 – A mixed day with the Dow Jones down 25 points (-0.15%) and the Nasdaq up 2 points (+0.05%)
Here is what most people get wrong about today’s stock market. Why this stock-market meltdown won’t hurt you
But for a majority of Americans who don’t own more than a few shares of stock, the impact of the market selloff should be limited. The meltdown on Wall Street isn’t likely to crash the economy of Main Street.
I am not sure how many times I have to repeat the same thing, but it is the stock market that leads the Economy and not the other way around. Of course people have to worry about today’s stock market. Should the sell off continue or worse yet, a crash to occur, it would be months (if not weeks) before the Economy hits the skids in a major way.
This has always been the case. I have already analyzed the 2007 top in great detail and how it was the stock market that led to an eventual Economic recession/depression. In fact, you can look at any market top and find the same thing. It can be 1929, 1937, 1966, 1972, 1987, 2000, etc… It takes the economy 6-12 months to follow the market.
In other words, you should be worried of today’s market decline. Should it continue, there will be hell to pay on the economic front as well. Imagine 2009 recession and you have a fairly good picture of where we are heading.
This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2014-2017. In fact, when it starts it will very quickly retrace most of the gains accrued over the last few years. If you would be interested in learning when the bear market of 2014-2017 will start (to the day) and its internal composition, please CLICK HERE
(***Please Note: Due to my obligations to my Subscribers I am unable to provide you with more exact forecasts. In fact, I am being “Wishy Washy” at best with my FREE daily updates here. If you would be interested in exact forecasts, dates, times and precise daily coverage, please Click Here). Daily Stock Market Update. October 15th, 2014 InvestWithAlex.com
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The Biggest Misconception About The Stock Market & Economy Google