Stocks opened sharply higher this morning with the Dow Jones industrial average up over 200 points as I am writing of this article.
One might ask:
how is it that the market could open so strongly to the upside after hurricane Irma hit Florida, and just two weeks after a devastating strike by hurricane Harvey in Texas?
The fact of the matter is very straight forward.
Hurricane Harvey, and now hurricane Irma, have virtually assured that the Federal Reserve will not be raising rates in any meaningful way for the foreseeable future, and the stock market is loving it.
What this means for the market is yet another hit of easy money, akin to an addict receiving their next drug fix.
Hurricanes Harvey and Irma have now set the stage for the bull run in stocks to go ever higher, assuring that the already monumental distortions which exist in this market will only get worse.
Gregory Mannarino TradersChoice.net Click HERE: https://www.traderschoice.net/
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At least Trump has an excuse to raise the debt limit to infinity to pay for the rebuild!
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wow... Wait until the Truth is Revealed...
Prosperity is on its way back to America...
Prepare for Happy Days...
@pocketechange
... $7.77 ... ... 1 Vote ... ... Reset
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great post Greg. Dont forget about hurricane jose hitting New York.
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Lets see about that .. Can be what is forecasted on the Cathedral of St. John the Divine in Manhattan ...
https://hyperallergic.com/87096/a-new-york-apocalypse-hidden-in-plain-sight/
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looks like something gonna happen there
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My eye hurts!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Appreciate all the info.
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I feel like by the end of 2018 there will be a huge crisis on the financial markets , derivative got multiplied by 100 since the 2008 subprime crisis ! But nice pots anyway ! I'll foloww you
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Interesting, thanks for the info!
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Greg how long can this go on? I've been looking for a job for two months now. When will Americans wake up to this BS?
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Very nice info! Time to reconsider some investments :)
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Thanks as always.
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nice post
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keep tracking both stocks and canes to see two sides of a coin
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then, we get the top of MOST significant proportions..and enjoy the 75% decline in the dow over the next few years...while gold rips apart the old highs.
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If that is the case then you would be crazy not to be fully invested, however, I get the feeling that is not the case.
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Hurricane Harvey was man-made by the US Military: https://www.opdeepstate.com/2017/08/29/hurricane-harvey-the-weather-terrorists-from-land-sea-and-air/
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Yes you are right. Dow is up really high now.
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I agree with your insite Greg, Thanks so much.
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upvoted and resteemed!!
@riaz
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