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| Will 2008 be a poor or good year for the stock market? |
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Asked 4 years ago
by toedaniel  United States |
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About
self employed, independent, loves music and is a computer and business geek.
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13 Points
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Most people are pessimistic right now...I'm NOT!! The Fed Funds rate will be lower, the market, including REIT's will be higher, setting a new high on the DOW. The NASDAQ will be much higher due to new products and innovation.
I don't agree. As we get more involved in overseas matters and gas continues to climb like this has in the past 5 years people will start to spend less. The general spending trends of the present show that it is happing now. Anyone remember the 80's?
The market actually has to read this kind of valid disagreement to make a market; this market will climb a wall of worry and we agree that there is a lot of that going around.