Just how bad is the market going to get? Depends on who you ask.
In mid-January, a group of Royal Bank of Scotland economists urged the bank’s clients to sell most of their assets before the exit doors get crowded. On the relatively sunnier side, Schwab strategist Liz Ann Sonders says we have merely reached a lull in a secular bull market — a “non-recession bear” at worst.
And the view can vary — at least temporarily — depending on when you look. As Dan Egan, Betterment’s head of behavioral finance, pointed out in a tweet, sometimes the market’s direction makes wild swings and even the headlines on real-time financial news sites can’t keep up.
Meanwhile, Josh Brown’s world is looking a little apocalyptic, Wu-Tang Financial makes a presidential endorsement, and small children ask Federal Reserve Board Janet Yellen not to raise rates.
On General Economic Topics:
My new favorite thing is when markets move so quick that news headlines beside them seem to not make sense anymore. pic.twitter.com/U08nYCxDhU
— Daniel Egan (@daniel_egan) January 22, 2016
Everywhere you look there are piles of money on fire. Political donations, venture funding, shale energy bonds, defended currency pegs…
— Downtown Josh Brown (@ReformedBroker) January 28, 2016
“I’ve got the craziest sell side forecast.”
“No, I can top that.”
“Somebody please look at me!” pic.twitter.com/a0JtyeUtZG
— Ben Carlson (@awealthofcs) January 13, 2016
Iran so far away..Iran all night and day. I couldn’t get away.
New Wave was all about geopolitics. And hairstyles. https://t.co/NmubQwacPZ
— Jeffrey Kleintop (@JeffreyKleintop) January 29, 2016
— EBITDAD (@ebitdad) January 13, 2016
FUN FACT: Venezuela on WORST list for real GDP growth and BEST list for nominal GDP given inflation of 275% in 2015 https://t.co/Y3su16OLG1
— Jeffrey Kleintop (@JeffreyKleintop) January 25, 2016
They don’t explicitly say this is about Greenwich CT but come on… pic.twitter.com/4p2mnVp8xB
— Clifford Asness (@Cimmerian999) January 27, 2016
Citi is cutting its cocoa forecast, but “holding back from calling an outright bear market.”
Or, in picture form: pic.twitter.com/MLat6LyBL9
— Katie Martin (@katie_martin_fx) January 26, 2016
Reminder: RTs are not credible offers to buy your core business.
— Jeff Macke (@JeffMacke) January 22, 2016
If a Clinton presidency means we get 2nd coming of Tribe, Wu-Tang, Nas, Snoop, BIG, Pac, Jay-Z, Mos Def n Eminem, then I’m ready for Hillary
— Wu-Tang Financial (@Wu_Tang_Finance) January 26, 2016
— Jude Boudreaux CFP® (@HJudeBoudreaux) January 27, 2016
— Check out Best Finance Tweets of the Year: 2015 on ThinkAdvisor.