If you understand the stock market and trade DJIA, SPX or in fact any stocks then I am sure you have noticed the free FED money driven jamboree is over, the much anticipated Santa rally didn't happen and now the market is volatile.
Do not come into this thread like an idiot and not having read it and thus entirely not understanding Martin Armstrongs thesis. Because I cant correct every person who doest read the thread.
The raising of interest rates is going to drive an international capital stampede into the dollar and the US stocks markets. Read the thread to understand why.
The developing world implicitly shorted the dollar to tune of $trillions of dollar denominated bonds issued overseas because dollar bond investors were chasing yield which was not available domestically because of ZIRP.
As interest rates rise not only does this cause the developing world to implode because it cant service its dollar denominated debt, especially as the USA dollar increases in value due to this contagion stampede, the higher yields and appreciating dollar drive investors back to the USA.
International capital moves as a herd. The Asian crisis of late 1990s was caused by international capital herd moving to invest in Dot.com and Euro investment in Eastern Europe and such frontiers opened by the EU+Euro common market.
There is an outside chance of the DOW declining to 14K in flash crash if 2018 opens lower than 2017 high. Otherwise we headed to 42,000 by 2022 or earlier (with an outside chance of 60,000 by 2032).