LONG TERM VIEW on SPX (Originally published 6 - 8 months ago)
In case of an important crash to the stock market in the coming years, keep your cash ready and buy SPX at 1100. At this price, the US market will going back to its long term growth trend. Please think that the stock market did not go up over the last years because of economic growth but Quantitative easing and negative interest rates. The price of assets have exploded because the money worth less and less and less...
Get ready to benefit from an historical down move that will bring us to the 1600 level and then 1100 level for the SPX.
Get ready to benefit from an historical down move that will bring us to the 1600 level and then 1100 level for the SPX.
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