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Thread: When will the market crash: 2017 edition

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  1. #1
    Quote Originally Posted by U-Ute View Post
    But this run has been going on since 2008.

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    Yes, its been a tremendous time to be in the market. Last time we saw something like this (2015 notwithstanding) was the 9 year growth from 1991-1999, which was followed by a fairly nasty 3 year correction. I think we're all a bit nervous, and that tax cut (at least at the corporate level) would certainly help keep this thing going.
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  2. #2
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    Quote Originally Posted by mUUser View Post
    Yes, its been a tremendous time to be in the market. Last time we saw something like this (2015 notwithstanding) was the 9 year growth from 1991-1999, which was followed by a fairly nasty 3 year correction. I think we're all a bit nervous, and that tax cut (at least at the corporate level) would certainly help keep this thing going.
    I doubt it.

    The weaknesses in the market right now are supply side. People with mortgages and kids don't have any money left over to buy things. From what I understand, this run has less to do with underlying financials and more to do with stock buybacks. The cynic in me thinks that board members are using buybacks as a way to meet share price goals in order to get bonuses.

  3. #3
    I am not suggesting that if the market "tanks" it will go back to early 2009 levels. It is up 25% since the election, which is an astounding percentage. So even if it tanks 25% (which would be huge) it would be where it was a year ago.

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