Can the Market Now Head to New All-Time Highs?

July 27, 2023

by Avi Gilburt GoldSeek

Last weekend, I questioned whether a crash can still set up for much later this year? And, the answer is, “of course.” This week, I question the opposite – that is, can we still get to the all-time high? And, the answer is also “of course.”

Now, I have probably confused most of you reading the opening paragraph. But, I will explain my point below, and I do not need to utilize Talmudic logic to provide the explanation.

But, before I provide my explanation, I want to again address a few fallacies that I read this past week.

First, we have all heard that the premise that the stock market is “forward-looking,” which is why many believe the market is a leading indicator for the economy.