Remember when I posted 2% growth was razor thin.[Actually it was 2.9% but anyway]That just is not enough
Now the market is pricing in a recession. I think this is a bit over done, but when earnings miss expectations on razor thin growth, the market re-acts
The market is telling us that earnings could miss by more than 2.9% and then we have a recession
The market can move on irrational emotion which is what I believe will happen. Or the market believes some kind of crisis will happen, which is not entirely irrational, considering past history of a slimy Wall St
Thus my 17000 prediction
I hope that is all that happens.