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Economy

bucolic_frolic

(51,501 posts)

1. opinions and observations

Reply to Tansy_Gold (Original post)

Mon Nov 27, 2023, 10:44 AM

Nov 2023

I expect stocks that have been underwater to sink further before January. Tax selling. Many many companies have little value or are overvalued.

Conversely, high growth companies have been bid up and are also overvalued. I expect a haircut ahead. Congress has done little to alleviate doubt over budgets and debt so this limping forward will continue perhaps into 2024.

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Tansy_Gold

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STOCK MARKET WATCH: Monday, 27 November 2023 [View all] Tansy_Gold Nov 2023 OP

opinions and observations bucolic_frolic Nov 2023 #1