After the wild ride last Friday, the relief rally in Wall Street seemed to pause after the holiday break.
People on Wall Street are still concerned about risks from higher inflation and slowing growth.
What about you? Do you think the market momentum will remain strong and keep pushing up stock prices?
TaurusX3 : Bear or bull, life goes on. Money continues to be made, if you are skilled enough.
Milk The Cow : Nope, the bear will be coming back. The bull come again maybe near end of June 22 & maybe continue to early week of July , just a guess .
steady Pom pipi : Rate hike rate hike interest rate hike
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The BIZ : Although there may be so reprieve during the summer as reports of inflation slowing down. Which will suggest things are going to normalize (or give the hope it will). The Extremely high energy costs around the country will spike prices all over the consumer index (I think that's the right term). It has already been reported that overall American bank account savings is dwindling and credit usage is going up. The Inflation driven by EXTREMLY high energy costs (deisle, gas,etc.) My belief is that natural slowing and federal intrest rate hikes will cause a sweet rally in the next month or two or three and then we will really be in a world of hurt. But I am no economist and reports from economist vary WIDELY and there is a hope things will do better rather then worse. I hope im wrong. Either way..... A BEAR MARKET IS THE BEST TIME TO BUY! That is the best time to learn, To search, To work, Because a bear market is your opportunity to get into those positions poised for success later on. Dont focus so much on Day to day or even Month To Month, Focus on your goals and find companies that fill those positions. Dont be drawn into the Drama.
Mrrichierich The BIZ : Shit won’t change till mid terms and these moronic sheep are all booted tf out!! Go woke go broke!!
Giovanni Ayala : Didn't that bounce back