This is the Single Best Reason to Buy U.S. Stocks Now
Thursday, January 21, 2016 11:02
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by Tim Mullaney
Market Watch
Another day, another half-trillion-dollar panic in the U.S. stock market.
At some point, even the most hardened bear has to consider whether the prospect of growth slowing to 6.9% from 7.3% in China, a nation that imports less than 1% of U.S. output, is really going to cause a recession here. Or whether it should cause a bear market. Charts or no charts, it’s just common sense.
That’s the message one gets from one of the few calm, sensible reports on Wall Street this week — Morgan Stanley strategist Adam Parker’s observation that 50% of the damage a U.S. recession should cause to stock prices had already been done by last Friday.
And … there’s no recession.
Continue Reading at MarketWatch.com…
Source: http://financialsurvivalnetwork.com/2016/01/this-is-the-single-best-reason-to-buy-u-s-stocks-now/?utm_source=rss&utm_medium=rss&utm_campaign=this-is-the-single-best-reason-to-buy-u-s-stocks-now
