Our FEATURE discussion today focuses on the US Equity Markets and the phenomenal rise that the 3 major indices, DOW, S&P 500 and the Nasdaq (the Trifecta) have experienced during the past 7 years. Based on extensive work by Casey Research these markets have been propelled by $2.5 Trillion in stock buy backs since the recovery began in 2009 which now creates a possible trigger for a market collapse. In Market Watch we expose the myth that home ownership is the key to middle class savings and the driver of economic prosperity. Other Topics include: How Elites Foresake Their Countrymen by Peggy Noonan, the coming Dutch exit from the EU, Obamacare "sicker shock", Michael Phelps' unpardonable sin and the incredible 5 death increase in the Clinton Body Count in the past 30 days.
"Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."