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2015 Market Correction. Poll/Discussion

Will there be a market correction in 2015?  

8 members have voted

  1. 1. Will there be a market correction in 2015?

    • Yes
      6
    • No
      2


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Interestingly during the roaring 20's of the past century, the world saw an economic high, in which underlying economic indicators were mainly ignored. People do not complain when they are making money, the wise investor or trader knows that when people are ambitious be careful. What happened to peoples fear of the domino effect of other debt riddled states? Today the prime minister of russia warns of a "deep recession" in 2015. Japan is deep in recession as well.

 

Also according to bloomberg news, the Jerome Levy forecasting center sees a 65% chance of a recession in 2015. Quote

 

David Levy the current chairman of the Jerome Levy forecasting center: "Clearly the direction of most of the recent global economic news suggest movement toward a 2015 downturn" end quote.

 

Why is this forecasting center any different than the others that may say the complete opposite? Such as Morgan Stanley who predicts a longer run for the market.

 

 

They most definitely have weight in words since their founder called the 1929 Great Stock Market Crash. He wisely sold his stocks when he saw indicators that pointed to an unsound market.

 

What do you think?

Will the market make a correction in 2015?

Yes/No & why

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If you had provided a "don't know" button for the poll I may have participated. That may sound like a cop out, but it is what it is... I don't know. There are a great many agents who make predictions: they are "wrong" until they are "right"; many get carried out on their shields. Personally, I don't see anything "actionable" that would indicate a recession, or a market correction of any great scale is due. It's above my pay grade, as they say...

 

An article from zero hedge posted today:

http://www.zerohedge.com/news/2015-01-01/mania-manias

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