Posted on 08/07/2012 3:02:11 PM PDT by blam
There are too many dollars chasing too few stocks. It is structurally bidding up stock prices way beyond their fundamentals — witness the crazy PE values.
The smart money is in private equity and hedge funds (if you have a million dollars to buy in), taking publicly held companies out of the stock market and going private.
NYSE and NASDAQ have small investors chasing too few public stocks, coupled with wild govt deficit spending driving up equities even more as people dump their dollars.
Thanks to SarbOx the public equity markets are being chased out. We’re going back to the 19th century model of capitalism, where a small number of billionaire magnates own private equity funds that own everything.
This is because of Romney.
As his numbers improve, investors and markets gain confidence.
This is because of Romney.
As his numbers improve, investors and markets gain confidence.
Yep, as the bulls charge over the edge of the bottomless pit.
Let’m rip!
It provides plenty of opportunity for developing insight for our potential future.
Or they believe stories like this one.
Who knows why some people do what they do...
I’m having trouble predicting now, too many mixed signals.
But I bet few of the commenters here were bullish in March of 2009 either.
Why not? Can't dance and voting is going to suck more than a Hoover with a Hemi.
The next great boom is just one economic collapse, one world war and a few dozen nuked cities away. We’re almost there! :)
I hear you Blam. The only sure thing about markets and gambling, is that there is no sure thing.
Now I come about as close to a sure thing as there could be thought. You see, every time I invest, I lose.
I finally started feeling sorry for the other folks who might be investing, and decided to cut them some slack, and quit jinxing the investments.
Funny thing, nobody appreciated it enough to give me some remuneration.
Oh well, some things are their own reward. ;^)
Only half kidding...
1. CD's at 1%- Nope
2. Bonds par priced at at time highs and low yields- Nope
3. Gold at $1600/oz- Nope
4. Real estate baloon still bursting and wooshing out- Nope
It's a bull market out of necessity of having find somewhere to put money. Nothing more.
I think that’s a fair comment. Of course there were folks who had very high hopes. He didn’t pay their rent and utilities though, so they were very disappointed.
For rational people, you’ve pretty well hit the mark.
The market can never come back because as the boomers age out they will be drawing down on their 401k. The generation that follows is incrementally poorer. There is no money coming in behind the boomer money into the stock market. Both real estate and the stock market are STILL in a bubble.
She is a major Obama rumpswab, based on her many TBI postings
Every expert I hear, I like to know whether or not they called the crash of 2008. Did this guy call the crash of ‘08?
My first thought EXACTLY.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.