One question top of mind of many readers is whether the stock market will crash in 2017, after a gigantic 7 year bull market. To make matters worse, the Federal Reserve, as well as the politicians at that time, did very little—they were largely following the libertarian-oriented free-market policies of letting the market take care of itself, which was the norm for the prior few hundread years.
In order to see if the stock market crash brought about changes in expectations about stock market returns, we estimate simple OLS regressions with crude proxies for the subjective mean (μi) the subjective standard deviation (σi) and the heterogeneity of expectations.
It’s worth watching twice if you are interested in learning about how corrupt the entire U.S. financial system is. Now, my guess is that a lot of viewers left the theatre after watching the movie thoroughly horrified by what was presented in understandable form to the typical main street” American.
Absolutely amazing they can put out crap like this: Still, with GDP growth expected to be 2.3% this year, according to a group of more than 60 economists surveyed by the Journal, market strategists project the current bull market has more room to run.” The WSJ editors just lost all credibility they may have had with that end to the article.
Of course, as is par for the course, Miami is now perilously overbuilt: Miami’s Epic Condo Boom Turns Into Glut That same market condition is hitting the southwest coast of Florida, as a flood of existing home listings are helping the continuous price reduced” notices chase the market lower.