Birchtree
TSP Talk Royalty
- Reaction score
- 143
Something to remember - stock prices in the past hace really only topped out during times in which the dollar was rising and not falling. Some Chinese banks have signed agreements with the SEC that allows them to buy equities for their individual clients. They've already spent over $7 billion of an alloted $50 billion - but they remain cautious. Just what if the Chinese are smarter than we are and want to own S&P companies while they are truly undervalued - could they be that prescient, a harbinger of things to come. Be in to win. The only thing that matters is exactly how much capital there is out there for possible investment. Stock prices are still based on earnings, not just domestic ones, but in total. Watch the DJTA - it is of prime importance as a barometer of future anticipated economic activity. Can you tell I'm excited.