FireWeatherMet
Well-known member
From MSN/Money
These guys are doom and gloom.
5 famous investors say this is when the stock market will crash
5 famous investors say this is when the stock market will crash
"Just when you thought it was safe to be in the market again, the Dow Jones industrial average sank more than 420 points, or just under 2%, on Tuesday..."
The bond market bursting, in terms of what Stockman says, is what Greenspan said last year.
Greenspan was right (even a few years early) on the Irrational Exuberance crash by the end of the 90's so I give him lots of weight, and less weight to those who say "Stocks have nowhere to go but up, because we had tax cuts"