I see the flow of funds still exceptionally favorable for the stock market. 8,000 is my number. We should be there in the next week or two.
About this quote
- What does it mean?
- The speaker sees favorable capital flows driving the stock market toward a specific target index level in the immediate future.
- In plain terms
- Money flowing into stocks suggests a quick rise to a high index number.
- What can you take from it?
- Strong fund flows can drive rapid market increases.
Where it applies
Putting it to work
Questions to consider
- What drives fund flows into equities?
- How reliable are near-term market targets?
Another view
Short-term predictions often fail due to unexpected volatility.
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