View Single Post
      12-15-2018, 07:58 PM   #39
WestRace
Major
730
Rep
1,087
Posts

 
Drives: E46 M3, E90 M3
Join Date: Jun 2007
Location: Los Angels, Ca.

iTrader: (0)

https://www.marketwatch.com/story/st...ime-2018-12-14

Instead of talking about doom and gloom, can anyone think of something that can make this market go higher? It's the things that nobody sees coming that crashes the market, and likewise, it's the unexpected things that make the market go higher. Maybe the FED comes out and say no more rake hikes until 2019 or something like that, but still if there is something systemic, it won't be enough. But it will be a double edge sword because if the FED pauses, investors might feel there may be something wrong and sell even more.

Most people are still talking about trade war and FED rate hikes. I still don't think the recent selloffs were because of trade war or rate hikes. It has to be something else ... something much bigger. Trade war and rate hikes are too predictable to cause the selloffs. It has to be something that is systemic although may not be as big as 2008, still big enough for concern. There have been some talk of the corporate debts that may affect the banks in a big way. I don't know. If I knew I wouldn't be here :-).

Last Friday selloff was the first time I saw some concerns ... probably not fear yet but definitely concerns.