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Money and Finances
Reply to "Does anyone else believe the impending financial crash will be bigger than 2008-2009?"
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[quote=Anonymous]Hmm. We are in complex time compared to recent years. The U.S. dollar has dropped 10% and is likely to drop another 10%. So, that means it is cheaper to invest in U.S. companies from money overseas. That will prop up the market somewhat. But there is also likely to be a normal 10% correction next year at some point. SandP is overvalued due to the magnificent seven. So due to this and the currency issues it probably makes sense to invest in value, mid cap and overseas stocks. But the Fed is expected to drop interest rates a few more times as well. That’s probably already priced into the market and one of the reasons things are already so high. [/quote]
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