Posted on 01/22/2013 6:09:40 AM PST by blam
One Sentence That Explains Why Bears Are Dropping Like Flies
Joe Weisenthal
January 22,2013
Flickr / Brian Digital
To really appreciate this moment, you really need to appreciate the explosion of optimism that's broken out in global financial markets.
It's not just that the S&P is near all-time highs. It's not just that pro-investors are more in stocks than they've been in years.
It's also that economic skeptics are starting o throw in the towel, and accept that the economy is back.
Either that's a great sign, or it's a sign that things have gotten way to extreme on the positivity front.
Anyway, SocGen's Kit Juckes sums up the bearish plight in one sentence:
The reality is that we are short of things to worry about and long of liquidity which tends to weaken the resolve of any bear.
Sounds right.
Oh, and the title of Juckes' note? "Looking for something to worry about."
Be afraid!
(Excerpt) Read more at businessinsider.com ...
Jay Cutler is the Bears starting quarterback...
Tired of all this bullishness, and talk about how there's nothing to worry about anymore?
Don't worry. That's why God gave us Nouriel Roubini.
He has a new article at Project Syndicate that could pretty much be titled: Things still suck.
For me, it’s the realization that Inflation is here, and it’s going to STAY AROUND for awhile.
Inflation isn’t really good for stocks, but... it’s worse on cash, really bad for bonds.
Time to invest in REAL assets, in every way you can.
The RIDE has started... and, it’ll be FUN.. for a little while. It’s the END that’s a bitch.
close...
it is because they play in chicago... :)
When things begin to look too good to be true, they most likely are!
Isn’t this the kind of emotional frenzy a con man uses to sucker his mark?
My nephew recently moved to Chitown and has taken back every bad thing he ever said about Atlanta.
So spending beyond your means and unsustainable debt is a good thing?
(Not to mention...killing the country’s producers...)
Yeah, the fact the Fed is buying 90% of all new UST debt, over $80 trillion in total US debt, closer to 10% real inflation, over 8 mill have given up looking for work in the past 4 years, central banks worldwide inflating like crazy, Japan even worse than US and Euroland .....What’s not to like?
One of the characteristics of people who surrender their individual authoriity to become dependent upon the authority of another is that they lose their individual ability to discern truth from non-truth.
This is how Hitler controlled the German people and is how a hypnotist manipulates subjects in a stage show.
I’ve been asking myself how so many intelligent people supported O’Bummer in this last election. It’s the same reason why so many intelligent people sat in Reverend Wright’s church and supported his ridiculous statements! It’s a trance characteristic.
You nailed it.
There are worse places to park your dough than in dividend-paying equities of solvent corporations that *have* real assets and make stuff that people actually want (or better yet, need).
That plus dirt and iron and lead and brass. REAL stuff you can use with God’s help to feed your loved ones, fix things, build things...
Who knows — maybe even some silicon and copper to keep the lights on part of the time.
>> Isn’t this the kind of emotional frenzy a con man uses to sucker his mark?
Heck yeah it is.
But enough about precious metals dealers. :-)
Exactly.
The stock market runs on cheap money.
This is an abomination. The language of E.B. White deserves more respect.
4 years ago, I moved all my 401K funds to an interest bearing account in the plan. 4 years from new, I will take another look at mutual funds or put everything into silver until I retire.
Agree 100%.
About a year ago, Proctor and Gamble had a P/E of about 10, with no specific adverse information. Where can you get 10% these days? No matter what happens, people are going to want soap. Buy stocks in companies that make real products, are well run and stable.
Waiting for a global warming lecture....
I thought it was going to be
“the bears are dying for the same reason the bees are dying”
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