All Time Highs

[SkyRider]

Most major asset classes are at or near their all time high.

TSX
Dow Jones
Nasdaq
Bonds
Toronto real estate

Are we due for a correction or a crash?

 

[FAST]

Most major asset classes are at or near their all time high.

TSX
Dow Jones
Nasdaq
Bonds
Toronto real estate

Are we due for a correction or a crash?

No expert here, but I don't see anything to back up the highs, so I'm a little concerned

FAST

 

[niniveh]

We started a correction today. DJI down 300+ and after market close Dow Futures were minus 400. So expect a further decline on Monday. Similar draft for S&P, NAZ, and TSX.

 

[GaryLi]

Likely QE money trickling its way to the masses. Once in the hands of the average american investor, they dont trust housing anymore so they invest it into the stock market.

 

[SkyRider]

No expert here, but I don't see anything to back up the highs, so I'm a little concerned

Let's hope this rise in asset value isn't funded with borrowed money.

 

[dirkd101]

I believe we are. The US growth is fueled by debt, as is ours. The housing market is out of control, due to foreign investment no doubt and this cannot be sustained.

 

[frankcastle]

Tough to say as value of US and CAN dollars also play a role. As does the lending rate.

 

[italianguy74]

Iv noticed corrections, or call it moving to safe grounds around election time. Not sure what the trading rule is for shorts at the moment, but id imaging there is still no uptick rule. Ever since the sec pulled the uptick its been impossible to tell if it is investers closing or short sellers hitting the bid.

 

[SkyRider]

As does the lending rate.

I doubt the U.S. Federal Reserve will raise rates prior to the November presidential election. That leaves December as the most likely month for a rate hike.

 

[bazokajoe]

Every stock hits highs and then drops.Markets have been doing that since their inception.