Mike Lipper’s Monday Morning Musings
Blog 800 Correction
Below is part of the first section of the blog we posted last week. We unfortunately overlooked a typo in the last sentence of the second paragraph. The sentence should have stated “With the 1000th blog less than 4 years away”. Our original posting stated “With the 100th blog less than 4 years away”. We apologize for the error and thank our readers for calling it to our attention.
The Thinking Behind Blog 800
When I realized the 800th blog
was coming up I tried to think of something special to discuss, like a critical
turning point at the beginning of a new long-term market cycle. I see a turning
point in the future which will begin a new corrective cycle. It will address
multiple imbalances facing the US stock market, a reflection of increasingly
problematic domestic and global problems.
However, it now
appears we are likely going more toward a shallow dip, which could be labeled
either a “soft landing” or a ripple in a stagflation period. Regardless, the
underlying tensions continue to build and they will eventually lead to a deep
corrective stage. With
the 1000th blog less than 4 full years away, I have high
confidence we will see a major correction.
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