Posted on 07/16/2018 2:18:26 AM PDT by cba123
Look to the stock market and you'd assume Wall Street was doing just fine. The S&P 500 has come back to March highs, the Dow is back to positive for 2018, and the Nasdaq is at fresh records.
It's all built on shaky foundations, said longtime market bear and former Republican Congressman Ron Paul.
This market is in the "biggest bubble in the history of mankind," and when it bursts, it could cut the stock market in half, he told CNBC's "Futures Now" Thursday.
(please see full story at link)
(Excerpt) Read more at msn.com ...
The market will go up. Or the market will go down.
That is, if it doesn't stay the same.
:D
And our debt. Eek! But i trust Trump given his record as a businessman going from one bankruptcy to the next...somehow he managed to thrive. Hopefully America will too.
Better get a Ron Paul freeze dryer.
Crash has become a common theme. I am seeing predictions in lots of places.
You can go back to the 1800s, and find that this has been a continual weekly theme by various characters. Nothing has changed.
The problem for these people now wanting to talk about this idea...after the companies were given the tax break to break cash back from overseas...they’ve gone to invest it, and it’s just about impossible to see a bad market tumble for the next twelve months.
I will agree that various factors exist on the real estate market to tumble again, but that’s probably a minimum of two years away.
Yes, the stock market always prices the future in.
In the present case, the tax cuts are enormous. These tax changes are not merely adjustments, they are fundamentally seismic in shift. The tax cuts are so business, investor, and individual friendly, it will take at least two years for the full effects to be seen and felt. But the market is pricing it in already.
The regulatory cuts too are enormous in impact. This level of influence is even greater than the tax cuts.
Together, the tax cuts and the ongoing regulatory relief is making America very business friendly. The Market will surge and pull back but its overall trajectory will be up.
Now is a good time to invest in gold and silver!
/s
Actually that is a possibility.
It has been a (long) time gold and silver have been basically stable.
Or not. But that is not out of the question.
He's had four bankruptcies out of over 400 businesses. Do not believe the media or anyone on the left, as I'm sure they themselves assume he's declared personal bankruptcy multiple times, or that the Trump Organization has declared bankruptcy multiple times. They cannot be trusted and should be mocked with contempt.
Tariffs = prosperity.
Buy US Savings Bonds.
Why would that be sarcasm? They're precious metals, wouldn't that make them a good investment?
Tariffs will save industrial America and thus save the US economy. Free Traitors™, who have to fought Trump every step of the way to open closed markets, have to be crushed.
China will capitulate rather than lose our market. The benefit of doing the "trade war" now is to cool an overheated market. Tariffs will be fine for the market in the long run, but not in the short run due to trade adjustments. The risk we had earlier this year was the market would rise until an October surprise. It's not easy to manipulate the market but that would not stop a lot of international Trump haters from trying.
Look at the charts through Feb, clearly overheated. The market needed a beat-down through summer and that's more or less what it got.
I've been in the market for 45 years and, from where I sit, Ron Paul is just another big mouth kook.
But knowing which combination of economists, investors, businessmen, politicians, conservatives, liberals, non partisans and the guy who shot osama bin ladin, to listen to at just the right times to know when to buy, sell or stay, is tricky...
But Trumps actions may do a great deal to stop the downslide with his tax cuts and deregulation.
Ron Paul? Why would anyone listen to this old coot?
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