There is absolutely no economic reason that the markets have been this high except by manipulation. Federal interest rates at near zero, and a bubble unlike anything seen in world history.
When this one crashes, there will be blood on the floor.
There is absolutely no economic reason that the markets have been this high except by manipulation. Federal interest rates at near zero, and a bubble unlike anything seen in world history.
When this one crashes, there will be blood on the floor.
As I recall, barney fag's mortgage scheme is what started this whole instability thing
“Sell Mortimer, Sellll!...turn those machines back on!”
Yes, it is up because of Fed policy, but I don't think that is the whole reason. I think people are putting money into the stock market simply because there isn't another place to put it. China is going down, and so is the EU. BRICs are not doing that well anymore. The bond market doesn't pay well. Real estate in some markets has recovered, but may not do well from now on. I believe we can have a correction, but for a crash, there has to be some other place for the money to go, and I don't see it yet.
I’ve been saying the same since about 1994. It’s just that the manipulation has been so extensive, no one believes it. And in the short term, there’s money to be made but at the price of a country’s soul. Interesting times ahead.
Too much hype about the EPS number, and too many ignoring the stock buy backs going on. Even with lower earnings, one can drive up EPS by reducing the number of shares.
When it finally does crash, I think they'll be wishing it was only a 60% correction.
“When this one crashes, there will be blood on the floor.”
The Russians have bought 65 TONS of Gold so far in 2014. And not paper gold rehypothecationd a dozen times, but physical gold deliveries.
Likely, there is a real reason for that.
The Chinese? Who knows, given the gold buying scandal over there.
One of these days you will be right. However, the market can go up 20-30 per cent until that happens. It is very tough to time the market.