Sé el primero en recomendar esto
On January 17, 2018 Larsen released PowerPoint presentation on SlideShare that discussed today’s macroeconomic/market landscapes and made specific projections. This July 2018 presentation evaluates how well the January 2018 projections have performed to date and what is likely to happen with stock indexes and interest rates going forward. Conclusion: long-term macroeconomic scenario outlined in Jan 17, 2018 PowerPoint remains intact. Consequence: long-term secular uptrend in U.S. stock prices is still underway. Given that inflation rate remains < 3 - 5% and long-term interest rates appear to be in ~ steady-state at relatively low levels and barring any serious Fed policy errors and near-term U.S. recession, an upside price breakout of DJIA is likely to occur within the next 3 - 6 months. As to future U.S. stock market prospects in the longer-term: you ain’t seen nothing yet.