https://www.marketwatch.com/articles/stock-market-crash-risks-51625174065?mod=mw_latestnews<snipit>
Stocks have soared relentlessly this year. Several factors, however, have the potential to end the party.
The S&P 500 has had its second-best first half of a year since 1998, and it hasn’t shown many signs of letting up. The index ended June up 14.4% year to date, hitting several records during the month and posting another record close on Thursday.
Yet there are a couple of key risks that could turn all of that around, according to Nick Colas, co-founder of DataTrek.
First, there’s the possibility of an oil price shock, as the price of crude has shown little sign of cooling off. WTI crude oil is up 56% year to date and notched a new multi-year high Thursday—even amid growing expectations that OPEC will increase supply . If oil prices run hot enough, that could raise inflation to a level that—if sustained — could cause consumer demand to fall and that could surpass Federal Reserve expectations.
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The recent ultra run up of markets is insane. Fundementals absolutley do not support a 35K DJIA, a 15K NASDAQ, or 4400 S & P long term. Article does not really touch on what I think will blow this house of cards over. Trillions and Trillions of $ squandered by DC is going to come back in bite us big time.
I hope all our Briefers understand this, and have planned and adjusted accordingly.
