Razor thin growth
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Started by wglassfo - Jan. 3, 2019, 2:01 p.m.

Remember when I posted 2% growth was razor thin.[Actually it was 2.9% but anyway]That just is not enough

Now the market is pricing in a recession. I think this is a bit over done, but when earnings miss expectations on razor thin growth, the market re-acts

The market is telling us that earnings could miss by more than 2.9% and then we have a recession

The market can move on irrational emotion which is what I believe will happen. Or the market believes some kind of crisis will happen, which is not entirely irrational, considering past history of a slimy Wall St 

Thus my 17000 prediction

I hope that is all that happens.

By cliff-e - Jan. 3, 2019, 8:14 p.m.
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A 2% growth rate is preferred vs. Rump's irrational exuberance fake economy. The chicks are coming home to roost quickly.