I am a big time investor into it into several millions of dollars. I find myself DAILY assessing now, though I have been doing so almost every other day or weekly under this Obama economic malaise, and my God it is looking very bad.
I have become very good at shifting the investments around based on economic, world events, interest rates (domestic AND globally), the strength of the dollar and currency manipulation, key commodities such as oil and gold, the 10 year Treasury yield, the Asia Markets (I now check regularly in the very late evening Pacific time, then often 2am but then 5am - to try an predict the Market for the day), on and on. I have been lucky, but I can imagine it is not easy for the average investor in MFs, ETFs, bonds and such.
I can tell you right now. The next six months are going to be hell. And probably we are looking at 20% drop in the DOW now with the .7% GDP, this is horrible. And we have 20 Trillion in debt, and many have massive credit card debt. I believe if Yellen raises the interest rates 2 more times, the entire thing is going to collapse. I am not saying there isn’t a good reason to raise them, it is a matter of timing and damn it this is not the time.
We need to get the Dems OUT, or a lot of you guys and gals are going to REALLY suffer - the Middle Class is going to be destroyed under the Obamanists.
I am voting Trump. The economy, terrorism, and illegal alien invasion (and each has a symbiotic relation to each other - especially economy and illegal alien interlopers, but another big terrorist attack IS going to have a big negative impact), the issues are NOT abortion or who goes to church every Sunday, or gays or such, no matter how strong you feel about those things, get your head together and realize you are about to lose YOUR POWER ITSELF to MAKE CHANGE as you lose your wealth and property.
Go Trump.
"I can tell you right now. The next six months are going to be hell. And probably we are looking at 20% drop in the DOW now with the .7% GDP, this is horrible. And we have 20 Trillion in debt, and many have massive credit card debt. I believe if Yellen raises the interest rates 2 more times, the entire thing is going to collapse. I am not saying there isn’t a good reason to raise them, it is a matter of timing and damn it this is not the time."
Is the Japan action why the DJIA went up 400 points today?
Japan Just Lit the Fuse on a $9 Trillion Debt Implosion
Last night the Bank of Japan implemented Negative Interest Rate Policy, or NIRP.
It is the second Central Bank to do so. The European Central Bank or ECB first went to NIRP in June 2014.
Thus, between Japan and Europe, over 20% of the world’s GDP is being managed by a Central Bank with NIRP.
More importantly, TWO major currencies in the world are now at NIRP while the US Dollar is at 0.5%.
Why does this matter? Because hundreds of billions of Dollars in capital will be fleeing Japan to come to the US.
(snip)
as Rush said, we can probably withstand bammey, but can we withstand the type of people that would vote him in office, TWICE?