Quote:
Originally Posted by zimmy
"Enjoy the 2Q GDP number, which may be the last best print for a while," wrote Andrew Sheets, a strategist with Mortgage Stanley, in a note to clients over the weekend. "We think that 2H will follow a different storyline, with decelerating growth and rising inflation across major regions."
Posted from my iPhone/Mobile device
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What's 2H?
I can post remarks from 10 analysts who think it's great. Anyone can search the internet to find someone who posted something they agree with. That doesn't mean the guy is right.
We are due for a recession, no doubt. That's not anyone's fault, it's the normal thing to occur after the significant growth since 09. If anything, Trump gets more credit if he's growing the economy despite facing a recession headwind.
A correction in the market is coming. I have stop-loss orders in place for everything I own, one kicked in yesterday for Facebook, not soon enough...first time I ever had one kick in...