www.investmentwatchblog.com
By Chris Black
No one knows what the market is going to do unless they know what the government is going to do, in which case it is easy to predict.
These statements from bankers are largely meaningless, and one has to wonder if they are not trying to manipulate the market by making them.
However, they are worth taking note of regardless.
RT:
US stocks have soared to unsustainable highs and could crash 26% within months, Morgan Stanley’s top strategist has warned.
In an analyst note the bank’s chief US equity strategist, Mike Wilson, said that the current level of stock valuations could be compared to the “death zone,” a term in mountaineering describing an altitude so high that climbers do not have enough oxygen to breathe.
Read Full Article Here…(investmentwatchblog.com)
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