Pruden
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Spanish Bitcoin trader


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February 02, 2017, 12:29:50 AM

As someone who has been following the markets for 3 years and is now making a living off them, let me tell you disasters have a way of not happening, and it's certainly not gonna happen in at least 1 year. Corporate credit is perfect and the Trump rally is only one chapter of the bull market that started around one year ago.

Total, complete, and utter bullshit.  That's what Wallstreet and the media want Average Joe retail investor to believe. If the Fed begins to raise rates, a market correction will happen within a year, 18 months at the longest.  

The only thing that could possibly temper a major market correction is if interest rates are kept inordinately low until Trumps corporate tax cuts and punitive trade tariffs have enough time to actually kick in and inact drastic domestic business changes... but that would take at least 18-24 months to take effect, provided they were inacted right now, tomorrow at the latest.
You forgot to include any semblance of reasoning in your message.

Corporate credit is on fire, that is a fact because issuance and prices are public. How you can see a conspiracy in that is beyond me. Corporate credit deteriorates well before the stock market, around 1-2 years in advance.

Also, you were talking about something "worse than 2008" but now you mention a "correction" (which I define as a drawdown of around 10% and less than a year long). Of course corrections are gonna happen all the time.

Also, you forget than rates may rise behind inflation so they wouldn't matter.