The statistical forecasting model says:
August, 2019:  +2.6% (Outstanding.)
Next 6 Months:  +14%  (Very high!)
Probability of at least breaking even: 96% – 98% (Excellent)
What am I doing? Fully invested since spring 2009.

My rosy forecasts are getting horribly boring, but this is what my econometric forecasting models are spitting out.

These stock market prediction models remain highly positive.  As long as the Federal Reserve continues to keep filling up the punch bowl of intoxicating low interest rates the story probably will not change.  The U.S. economy is an incredibly large and powerful juggernaut that just keeps chugging along — despite the current irresponsible administration. 

Hey, no one really wants to be the grownup in the place who will advocate fiscal responsibility.

When the stock market and the U.S. economy eventually crash down, hopefully these models will give us some warning. But, for right now the models — several of them in fact — see the party continuing.