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Thread: Point, counter point

  1. #1

    Default Point, counter point

    What makes a market? Back to back articles on CNBC.com:

    It’s not too late to buy into the rebound, according to one strategist

    https://www.cnbc.com/2020/09/28/its-...trategist.html

    “In this environment, we know exactly what the Fed is going to do because they explicitly told us. We also know that we’re in a global synchronized pivot higher off of very weak levels in the global economy and that really sets the stage for intermediate-term opportunity.”

    It’s too risky to put new money in stocks right now, Wells Fargo’s Chris Harvey warns

    https://www.cnbc.com/2020/09/27/its-...archterm=fargo

    Christopher Harvey believes the market is too vulnerable to another correction and a 50% surge in volatility.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Do your own due diligence.


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  3. #2

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    Default Re: Point, counter point

    Harvey was recommending buying value stocks in May. Anything Nasdaq 100 would have been a better choice.

    Dwyer at least said the market was due for a pause in June and seems bullish long term. (See Why V-Shaped Recovery is Still on Track)

    Will a debate or election really bring certainty to the markets? I think long term it really doesn't matter if you bought in June or today, the train has already left station.
    Last edited by Bullitt; 09-29-2020 at 07:11 PM.

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  5. #3

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    Default Re: Point, counter point

    Interesting. Sorry to say anytime I see point counter point however it's spelled I am taken back to the amazing days in the late 70s when I returned to the US after 3+ years and saw Saturday Night Live for the first time. Could someone actually call someone that on TV?

    Who will turn out to be the ignorant ****?

    PO

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  7. #4

    Default Re: Point, counter point

    They can say it one youtube.



    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Do your own due diligence.

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