Oct 13, 2017

The Fed Will Not Be Able To Save The Stock Market

The Federal Reserve won't be able to rescue investors during the next stock market crash, like they did in the years following the 2000 and 2008 crashes. They were successful in reflating yet another bubble but I think this bubble will be the similar fate as the prior two. The difference is, the third time is not going to be the charm - it's going to be three strikes you're out. Let's say the Dow goes to 30,000, if it gets cut in half, that's 15,000 - that's still a low lower than it is right now. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ))

Blog Archive