Posted on 08/27/2018 2:29:11 PM PDT by CaptainK
Personally I think that the market is vastly over exuberant and way way too high to reflect reality.
But at the same time, it is the least fake ‘bull market’ in about 40 years.
At least with Trump policies, there is reason to hope that the economy will boom, rather than the smoke and mirrors and fed propping up the market by giving them billions weekly in hastily printed Fiat that has sustained stock prices for decades..
I believe Facebook has never paid a penny in dividends.
he has been saying that for 20 years.
Stock Market Doom
Hurricane to hit Florida
Mississippi Floods
California Wildfires
ALL HAPPEN EVENTUALLY
Stockman is that stubborn TURD refusing to be flushed. He is NOBODY.
David Stockman is the greatest fake budget director in history.
Stock Market Doom
Hurricane to hit Florida
Mississippi Floods
California Wildfires
Detroit Lions Fail to Make Super Bowl
ALL HAPPEN EVENTUALLY
Sorry. I’m just too old to play with my IRA taking a 50% hit.
Yeah now the liberals care about debt ! lol
It’s all individual perspective. After the correction, it will be seen as “undervalued” and go back up.
Perceptions of value are irrelevant to me. What’s relevant is whether I profit or lose.
My largest holdings are a basket of preferred stocks that experience very little in price changes over time but produce 5-7% in dividend payout every year, so I’m profiting and paying low taxes on the income.
Yep, that’s the big question alright.
The most recent earnings reports had most companies exceeding profit estimates. The outlook from the Atlanta FED for the current quarter is 4.6% GDP growth. The market is at the same level it was at 8 months ago. On what basis is it “way too high”?
I just cashed out quite a few thousand dollars I made in the Trump stock market. Is this fake? Should I return it or give it to the Clinton Foundation? Should I feel guilty and redistribute it to democrat constituents?
Stockman is an idiot. He has been pimping this downfall for many years.
David Stockman, George Will, Peggy Noonan, John McCain, David Brock. . . What do these people have in common?
I got political has-been out of it.
Bears repeating, and I'll add that he sucks as an economist also. He's been wrong a lot over the last couple of decades.
His book “The Triumph of Politics” was severely misrepresented by the MSM. About the worst thing he accused Reagan of was naivete; he said Al Haig, Jim Edwards, et al. were the backstabbers.
Yeah that’s funny. He is a smart guy but should keep his mouth shut on investing. That is not to minimize market risks. But doing nothing has risks too like inflation.
For a thousand different reasons, stocks can surge or go bear over night.
Much is tied up in the optimism of the participants.
Every attack reduces that optimism...
Every hint of progress reduces pessimism.
I’ve been on Free Republic 20+ years.
There is ALWAYS someone posting about the imminent crash of the market, with good, often top-notch sources to back it up. Sometimes they’re right!
But most often: WRONG!
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