(9/7/21) Post-Labor Day markets are hovering right at all-time highs, despite weakness in Friday's Jobs report. Bulls are starting to think weaker economics will keep the Fed from tapering; there is hope the Fed will announce "more consideration" about tapering as numbers are digested. Upward bias continues in a market that's up 21% for the year. Without a correction here, this could be 2017 all over again--and you remember what happened in 2018, which was fraught with volatility. Is S&P 5000 possible? Yes, but...the risk of correction still exists, thanks to the Fed. - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Articles mentioned in this report: https://realinvestmentadvice.com/technically-speaking-wall-street-sets-its-sights-on-sp-5000/ -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #Fed #Bitcoin #Gold #Stocks #Trading #Rates #Money #Markets #Finance #S&P_5000 |
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