After Harvey and Irma-Expect Stocks To Surge Ever Higher. Here's why. By Gregory Mannarino
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/
At least Trump has an excuse to raise the debt limit to infinity to pay for the rebuild!
wow... Wait until the Truth is Revealed...
Prosperity is on its way back to America...
Prepare for Happy Days...
@pocketechange
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great post Greg. Dont forget about hurricane jose hitting New York.
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/
looks like something gonna happen there
My eye hurts!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Appreciate all the info.
interessing post
Thanks for sharing such great post with us!
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
Interesting, thanks for the info!
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?
Very nice info! Time to reconsider some investments :)
Thanks as always.