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Re: Michael Pento: Falling Corporate Earnings Will Fuel The Next Leg Of The Bear Market 

By: DGpeddler in POPE 5 | Recommend this post (1)
Fri, 23 Nov 18 6:02 PM | 51 view(s)
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Msg. 14228 of 62138
(This msg. is a reply to 14146 by micro)

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micro,

On my way back from Arizona, the cheapest gas I bought was $2.59. Our local gas is $2.18 and they just said on TV that the price of oil is dropping again.


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The above is a reply to the following message:
Re: Michael Pento: Falling Corporate Earnings Will Fuel The Next Leg Of The Bear Market
By: micro
in POPE 5
Thu, 22 Nov 18 3:05 AM
Msg. 14146 of 62138

Zim

you summed up quite well how economics really works. The money HAS to get to the population first so they in turn can purchase Goods and services which creates more demand from the manufacturers and providers of said goods and services. That means their corporate revenues should rise and hopefully they also will see higher earnings as a result..

Those things translate into a healthier bottom line and investors then purchase those stocks in those companies.

I believe we must see a bearish adjustment in the markets before another growth run can occur.... That is just my opinion...

Happy Thanksgiving kind sir!

micro....


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