New Armstrong articles that should be of interest to many of us:
His comments on the Dow breaking 20,000, I agree with his comments that it could go quite a bit higher (esp. if it reaches 23,000 and the masses jump in):
Trump is off to one hell of a start. My wife watching the news in Spanish (Univision) said that various MEXICAN politicians are going NUTSO re Trump.
"Trump Derangement Syndrome" seems even more virulent South of the Border
Im now seeing dow coming to a multiyear bear market.. the high might be in
Yes, well it could be. I have a proven track-record of lousy financial market predictions. Armstrong's point re this, however, does reflect the tendency of "investors" to pile into a market near its highs...
A related phenomenon often seen is that BUBBLES can go on much longer than observers expect. The US stock market continued rise for years after both Greenspan and Warren Buffett declared it dangerous.
Still, you could be right. I have NO IDEA what will happen. "Best be diversified."