Keep Long-term Vision & Goals In Mind
11/1/2016
There are bears, and there are curmudgeons that have one thing in common- they’ve missed the rally that’s lifted equity markets substantially higher since January 20, 2009:
Bottom line: there were people that said the market would crash once the Fed announced an end to quantitative easing (QE), a program to buy U.S. debt and mortgage debt in an effort to free banks to lend money - the market didn't crash. There was the talk of a market crash when the last of QE was removed-still, the market didn't crash. Investors are always eager to attempt to pinpoint market tops (and bottoms). The focus should be on individual opportunities for long- term wealth appreciation. Actual good news would be that the economy is doing better. It would provide a cornerstone for corporate profits that is the building block of markets that are moving higher. We’ll cross this bridge when we get there. If there is a pullback on a rate hike, I would view it as the crowd making a gigantic mistake and it would be aggressive buyers on dips. Click here to leave a comment.
Charles Payne
More Articles by Charles Payne
Payne's Perspective: March 25, 2024: Riddle Me This...Why Fight the Rally? Payne's Perspective: March 18, 2024: Emotions Boiling Over Payne's Perspective: March 11, 2024: Not Overconfident...Yet! Add a Comment! |
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|