Market May Not Be Sexy for Long

by Minority Fortune

While the market looks good on the outside, it doesn’t have the right backing to last long-term. Essentially, the market reaching new highs for the year is “[MAC] lipstick on a pig”. Analyst David Rosenberg believes that the market is highly overpriced. Thus, he believes the market will be due to crash at anytime due to the following reasons:

• Company’s revenues doubling in such a short amount of time from the lows is unreasonable
• Pricings have overshot the fundamentals
• Long-term policies to stabilize the market is absent
• Bank lending contracting 15%, with the Feds accounting for the gap

It sounds reasonable to us. Therefore, we caution you to be more vigilant in your investments and ignore the hype.

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