Quote from: sloanf on January 17, 2017, 07:13:59 PM

Remember his call on the Dow at 40K by 2015?

I wouldn't touch the stock market right now with someone else's money, let alone my own. We will either have some form of super inflation or the DOW is gonna bring the pain in losses soon. Take the following chart for instance. Each time margin debt went parabolic, it then crashed the DOW to BELOW where it originally went parabolic from. This means DOW is going to have a mega crash down to something like 6k, while taking a brief rest around 10k on the way (this chart is old and it looks much worse now):

The only way out of that is to print a metric fuck ton of money to inflate the bubble even higher. You also have a comical relationship in the following pictures. Trump would likely have to increase debt levels by somewhere between 10-20 trillion to keep this thing afloat, which would then send interest rates to pluto and have the entire world on fire with unserviceable debt. We truly are at the endgame of the debt based scam currency here: