Today’s question is a contest, the winner gets a one year paid subscription to the5thEstate.Asia where they will enjoy 365 days of Robert S Finnegan hilarity. What will the Dow Jones average be on December 31, 2015?
Question of the day, August 12
20,567 +/- 10
As measured in fiatscos (USD).
Another good question is what it will be measured in gold, oil, health services, etc… and also whether it will be legal for an individual to sell stocks, or if that will be a new crime. Easier to keep the stock market high if selling is illegal. Just ask China.
It be on MSNBC, will let you know
12,395 +/- 2
It will still be an Average.
19456
Oops priced in gold? 10 Oz
17,800
17856 +or-10
And buffalo bills will be headed for the playoffs
Going Down?
8500 +/- 250
Wait, is that a prize or a punishment?
13,400 (an average of 1,000 points down per month from August 2015 to May 2016). DOW 8,000 is my ultimate guess.
My answer above can’t be beat, but I don’t want to win.
25,000. They’ll blow this baby so high when it crashes in October using “Bail 2: the desolation of madame Smaug”. It won’t be organic, but it isn’t now so I doubt it’s worth pretending much longer.
Just heard on the David Webb show that the next 3 months is a good time to buy bank stocks. Don’t know . Probably don’t care but some of you could get RICH.Think about it.Just invest your whole life savings.
It will be whatever the wallstreet bankers want it to be, so my guess is close to where its at today,
17,400 +/- 500 adjusted for inflation or China or Europe or Greece (who will be on their fourth bailout) or Russia or black lives matter riots or……
Has anyone else noticed that the prizes around this place suck? The best prize we had was the chance to beat the living shit out of bb. Even that sucked because beating on the handicapped is not cool.
I’d like to see the DOW at a nice round number like 20,000 or 0. Zero would be preferable as I could take that as a sign that the game, at long last, is afoot!
Hey Mike, I’ve a question for your regular feature if you are so inclined.
“Who is going to take the fall for Hitlery’s dirty hard drive? Will this kill her campaign?”
What happened to the Robert S Finnigan post ?
15,000 +/- 1,000…if I’m wrong I’ll say like most economist say when they are wrong…I can’t be accurate past a length of time greater than 3 months .
Depends…… on a lot!! Now that the “smart” money came off the table, I suspect somewhere near the 15,000 mark. I don’t think it will be a crash, but a slow bleed off. if it’s just because were in a recession. However outside influences such as China, Eurozone, Russia et al, could cause major corrections down the road.
It’s important to note that a stock market does not make an economy, but if the FED wants more of the same, $ QE4 would be the ticket!!
12,000 on its way, by June 2016, of about 8,000.
Then a rally to 12,000 from 6/16 to 6/17, followed by 4 years of stair-stepping downward until the ultimate low for the move, down a full 95% from last May’s high.
The latter slide coincides with an implosion in the banking system (bail-ins, bank holidays, capital controls) as the value of bonds of all sorts collapses (and interest rates spike ever higher.)
Ironically, the cause will be deemed “a shortage of money” (because credit will largely disappear and the US economy can’t function on banknote cash alone.)
All of this is, of course, hypothetical. I have no idea what the future will hold, other than that all things that have a beginning also have an end.
Going to be Just Like housing in 2007…except this time (the 3rd time) is the charm.
I do not think we will see stocks (and bonds) up here in the stratosphere for decades once this finally does roll over (and I do think we may be one more new high in the SPX from that roll-over.)
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