CNBC Writes: Prepare for the crash no one is predicting
Stock market declines, especially the violent kind we refer to as “crashes,” are pretty hard to predict.
True, for every crash one or two visionaries emerge who called the market decline with unusual accuracy. In time, we generally conclude that these visionaries were more lucky than prescient, because there are no records of prognosticators who predict market crashes more than once.
But this time may be different.
The Federal Reserve has been propping up the stock market through its quantitative easing program that forced interest rates to all-time lows and drove investors out of bonds and into stocks.
But those days may be coming to an end.
Read the rest of the article here.
WOW, really CNBC, I am not sure what to think here. I thought that CNBC were perpetual bulls. One thing is for certain. If CNBC is predicting a crash, there won’t be one.
Here is the bottom line and what my mathematical/timing work is showing. There shouldn’t be a crash here. As a matter of fact, the next few years a quite boring. The market will decline to the tune of 20-40% over the next two years, but it shouldn’t be anything drastic like a crash. As a matter of fact, the market is a little bit oversold here and I do anticipate a rebound.
See, who said I was always a bear?