Goldman Sachs warns the S&P 500 could sink to 2,000: finance.yahoo.com/news/goldman-s… @JuliaLaRoche $SPY $QQQ 
Nicholas Colas: The S&P is likely headed toward 2,000: bloomberg.com/news/articles/… @SarahPonczek $SPY $SPX
Also see:
Market cycles expert Charles Nenner has a long-term target of 5,000 on the Dow Jones.
That is not unreasonable to me either considering just how many bubbles have inflated.
That is not unreasonable to me either considering just how many bubbles have inflated.
Why is the stock market likely to fall much further?
Because its surge of the past 5 years is completely unjustified by corporate profits.
That gap is going to close...
zerohedge.com/markets/afterm…
Because its surge of the past 5 years is completely unjustified by corporate profits.
That gap is going to close...
zerohedge.com/markets/afterm…
Not only is the market completely out-of-whack with corporate profits, but the corporate profits themselves are basically bogus (because they're inflated by debt and bubbles)!
So, valuations are going to plunge at the same time as profits.
So, valuations are going to plunge at the same time as profits.
We economic skeptics were harshly ridiculed for warning about a market bubble for the past 5 years or so.
Well, we are 100% justified for doing that.
Anyone who disagrees can go pound sand.
This chart proves just how irrational this market has been:
Well, we are 100% justified for doing that.
Anyone who disagrees can go pound sand.
This chart proves just how irrational this market has been:
Institutional Investor called me a "notorious wolf-crier" just a few months ago (they were doing a victory lap as if "the bears have been conquered once and for all!" - WRONG).
The irrational market behavior of the past decade HAD to be protested.
institutionalinvestor.com/article/b1jjl6…
The irrational market behavior of the past decade HAD to be protested.
institutionalinvestor.com/article/b1jjl6…
