Meanwile, thankfully, my pension funds investment commiitee and the Chief Investment Officer immediately shrunk the pension funds exposure to the U.S. markets and broadened non-stock and foreign categories of investment. The fund has out-performed the main U.S. market indicators from early 2000 on. Yes, after the Internet and dot.com bubbles burts they did buy back in on some of the then deperessed U.S. stocks, and thankfully again got out of U.S. banks and many other finance related outfits as the real estate bubble was defying reality.
Usually, when the stock market has been cheering the loudest for a long time, warnings signs for a lower market are warning to plant your nest egg for the long term, not the short term.
Hope market stays high through Oct 2020.
Yield = (p/e +G) t
Where t is the trunp factor.
This time there is t
Trump is a game changer.
People have more disposable income and are more secure in their jobs. There is a lot of cash sitting in checking and savings accounts. Some of the tax cuts will find their way into 401k’s and IRA’s.
The market will go to an overbought position at some point, but, personally, I believe we are looking at another 20% before it is time to get into a financial safe space.
YMMV
Would someone with access to the article please list the 8 indicators?
Pretty nice giving us an article we couldn't access.
Companies are putting the bite to consumers.
In the short-term, profits will go up.
However, my shopping habits change readily.
I was in two Wal-Marts yesterday.
Shoppers were happily putting stuff in their baskets.
I walked out of one Wal-Mart empty-handed but I bought some clearance items for $32.10 with tax at another.
We got labels...and warnings...and bubbles..and cheering...and hand wringing.
That about sum it up?
the .com bubble was based on anything that said .com and not the underlying foundation of the company since most people dint know a damn thing about the interwebs, that is not the case todayThe “Internet Bubble” burst prematurely. It was growing, and would have been worse, but the truth was the Clinton regieme forced it to burst.
In June of 2000, the leftist persecution of Microsoft at the hands of those who literally bribed their way into a conviction caused the failure of the market that triggered the burst of the bubble.
Leading up to the persecution, Microsoft refused to use lobbyists. They felt it was unethical to do so. Their biggest competitors, the ones who stood to benefit most from their downfall, had lobbyists not only in Congress, but the Department of Justice!!! Justice in this case was not blind, but bought and paid for. Period.
Since then, Microsoft has played the government game better than anyone. They have lobbyists in all aspects of the federal government.