Is The Threat Of War Going To Hurt This "Teflon" Stock Market? By Gregory Mannarino
Yesterday, about half an hour prior to the close of the US stock market, President Donald Trump made a very aggressive challenge to the rhetoric coming out of North Korea which had an immediate effect on the stock market.
Yesterday just prior to President Trump's remarks on North Korea, the Dow Jones industrial average was on it's way to hit its 10th record close however, President Trump's remarks rattled the market and this is bleeding off today in early trade.
So the question is simple: is the increasing talk of war finally going to pull the Teflon off the stock market?
The short answer is no.
So why no?
That answer is also simple: there is no free market, and central banks are running the show.
I expect nothing, at least in the short run, is going to get in the way of this Teflon market as long as the Federal Reserve continues to artificially suppress interest rates propping up this market.
Yesterday's late day sell-off which is bleeding off into early trade today sparked by nothing more then "war talk" are buying opportunities in my opinion, so do not get shaken out of this market until the bombs actually start to fall...
Gregory Mannarino @marketreport
I know there was a lot of talk to comparing Trump to Andrew Jackson during the primaries. We can only hope he sees the light and takes a similar approach. All this chaos and corruption begins and ends with the Fed and central banks worldwide.
I'm not in stocks. You are right though, they just keep pushing it
I don't trade (I have before) in stocks or bonds and am basically an assets sort of guy (precious metals, real estate, acreage, etc.) but I have listened and watched you for a long time on YouTube. I think you are one of the very few people, the only one I know, who is not wholy believing in any one system and that is what makes your information so valuable. Your talk about the Fed and how it affects (effects?) the market is something your friendly, local, financial advisers won't ever mention or talk about and that I think is why you have a strong following. You speak confidently about what you think and that instills confidence in your listener/reader. Keep up the great work and sleep with three eyes open 🤓
The Central Banks are boosting the markets with no end in sight, in the face of saber-rattling, and talks of war with North Korea - sounds like a conspiracy theory coming to fruition!
Do you 'buy-into' the notion that the Central Banks want to put one of their banks in North Korea (North Korea Central Bank) ?
Do you 'buy-into' the notion that war is a catalyst for take-over and implementation of a Central Bank?
This may be outside the norm for you because these are some conspiracy theories, but how do they jive with reality?
.
You may absolutely be right...
I am really thinking that Gold might be breaking out!
I hope so.
Oh, Greg to hear you say all of this on MSNBC would be a dream come true, it would be the first time someone told the truth on that channel, we agree with you and we gave you a up vote
Thank you.
very nice info greg your analysis are spot on.
Hi Greg,
So do I think that the threat of WAR will hurt this Market?? I think that if this rhetoric between NOKO & the U.S. continues it possibly will and if it starts moving into more then rhetoric...My answer would be a resounding YES. However if the Rhetoric between NOKO & the U.S. tones down....then I would say you would be correct and that you will just need a band-aid. Instead of stitches or even worse an operation. Right now though...this is looking great for the metals.
As always I enjoy your insights into the dynamics of things. Keep up the GREAT job brother!! And STEEM on!! Upvoted. :C)
thx Greg
Thank you for the update