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764,520 comments by 11,146 registered users, 2 online now: APOCALYPSEFUCK_is_ADORABLE, Dan8267

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1 APOCALYPSEFUCK_is_ADORABLE   2017 Jun 5, 9:34pm   ↑ like (3)   ↑ dislike (3)     quote        

LONG:

YAMS!

BULLETS!

Anything BELT!-FED!

2 NuttBoxer   2017 Jun 6, 9:34am   ↑ like (0)   ↑ dislike (0)     quote        

The thing about record highs that makes them record highs, are the crashes that always follow.

3 FortWayne   2017 Jun 6, 9:38am   ↑ like (0)   ↑ dislike (0)     quote        

There is truth in thatAPOCALYPSEFUCK_is_ADORABLE says

LONG:

YAMS!

BULLETS!

Anything BELT!-FED!

4 Rew   2017 Jun 6, 11:50am   ↑ like (1)   ↑ dislike (1)     quote        

Here is an article showing the levels of pessimism building, and highlights two very divided economic Americas ...
https://www.nytimes.com/2017/06/05/business/economy/economy-global-pew-survey.html

The divisions in politics, and personal earnings, are also reflected in the two big bets right now : stocks versus bonds.
http://www.zerohedge.com/news/2017-06-06/bofa-if-bonds-are-right-stocks-will-drop-20
https://seekingalpha.com/article/4077421-face-stocks-vs-bonds-economic-outlook

In this article you can hear Logan chanting something about demographics and ... "USA! USA! USa usa .... usa .......... usa ....."
https://www.nytimes.com/2017/06/02/upshot/we-may-be-closer-to-full-employment-than-it-seemed-thats-bad-news.html

The big business story today is mega giant Amazon trying to capture the low end of the consumer market ...
https://www.reuters.com/article/us-amazon-com-prime-idUSKBN18X1MH

... and I think that might be the most pessimistic stance of everything I just linked.

Essentially, yuck. I'm sure the market will stay irrational for as long as it can though. It always does.

5 NextQueen   2017 Jun 6, 11:57am   ↑ like (2)   ↑ dislike (2)     quote        

I have the same feeling. That's why I'm staying in. I tend to be right when I do the opposite of what I feel.

6 NextQueen   2017 Jun 6, 11:58am   ↑ like (3)   ↑ dislike (3)     quote        

We're going higher. Much higher before we crash

7 Rew   2017 Jun 6, 1:13pm   ↑ like (0)   ↑ dislike (0)     quote        

NextQueen says

We're going higher. Much higher before we crash

I've covered what I'm not willing to lose already, and will let the rest ride.

8 BayArea   2017 Jun 6, 8:31pm   ↑ like (0)   ↑ dislike (0)     quote        

I'm selling my rental property this month and have already started moving equities into bonds and metals.

It's just too high for comfort imho

9 lostand confused   2017 Jun 6, 8:39pm   ↑ like (0)   ↑ dislike (0)     quote        

I thought the amrket peaked almost two years ago-LOL! timing, timing, considering the job numbers and the GDP growth, I am surprised at the market.

10 FortWayne   2017 Jun 6, 8:45pm   ↑ like (2)   ↑ dislike (2)     quote        

I don't see any reason for market to collapse. Not that I haven't been wrong in the past, because I have been plenty. Just I don't see an event that will cause it to crash.

Recession though, yes that's happening.

11 Strategist   2017 Jun 6, 9:03pm   ↑ like (1)   ↑ dislike (1)     quote        

lostand confused says

I thought the amrket peaked almost two years ago-LOL! timing, timing, considering the job numbers and the GDP growth, I am surprised at the market.

It did. And every month after that.

12 BrownIncome   2017 Jun 7, 2:54am   ↑ like (0)   ↑ dislike (0)     quote        

just any guy says

https://seekingalpha.com/article/4078028-recession-probability-100-percent-guaranteed

Hmmm... Consider that the recession can start up to 2 years before and it can end up to 6 years later (than the start of the presidency). Don't forget to forget the recessions that don't follow the pattern (https://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States). This makes the match easier

13 Quigley   2017 Jun 7, 5:34am   ↑ like (0)   ↑ dislike (0)     quote        

We always have recessions in a fairly regular cycle. The severity of the recession is the only variable.

14 NuttBoxer   2017 Jun 7, 8:29am   ↑ like (0)   ↑ dislike (0)     quote        

Quigley says

We always have recessions in a fairly regular cycle. The severity of the recession is the only variable.

Since 1913...

Iwog calls this "stability".

15 Quigley   2017 Jun 7, 9:02am   ↑ like (1)   ↑ dislike (1)     quote        

NuttBoxer says

Iwog calls this "stability".

Even an oscillating pattern can be stable. Such as the Earth's path around the sun and how it produces seasons.
I think most of the flux is due to generations of people taking over and handing off power and resources. If this is true, the further from war-influencing-population-booms we get, the smaller the gaps between the generations will be and the more stable the system should be.

16 JZ   2017 Jun 7, 12:43pm   ↑ like (2)   ↑ dislike (2)     quote        

Buffet said:" Anyone who bets against America will lose"

Buffet said:" Every 10 year or so, there will be dark clouds showing up in the financial market and it will rain gold for a short period of time, and my job is to be prepared and capture as much gold as I could."

Buffet said in 2012/3:"We do not need more than 20 billion cash, any cash above that, Berkshire will pull out the elephant gun and blow it"

Last week, somebody twitted Berkshire is 80billion in cash, about 40%?

17 JZ   2017 Jun 7, 12:51pm   ↑ like (0)   ↑ dislike (0)     quote        

The value guys will NOT though those bonds since they are return free risk.
For equities, value guys will not buy either although the return could be driven much higher by speculators.
Time wise, coercive North Korea has lasted somany decades. Coercive central banks can last a longer until the confidence in paper is lost.

18 patriotguy666   2017 Jun 7, 1:02pm   ↑ like (1)   ↑ dislike (1)     quote        

Good. If market drops it will be a great buying opportunity! BUY LOW SELL HIGH!

19 NuttBoxer   2017 Jun 7, 1:22pm   ↑ like (0)   ↑ dislike (0)     quote        

Quigley says

Even an oscillating pattern can be stable.

So everything is everything? I disagree with that type of post-modern subjective re-evaluation of all words to be so non-specific they lose all meaning. Economic stability is not crashes and inflation on the scale we've seen. It's slow, steady growth based on production of real goods, and creation of needed services. What we have is growth based on inflation, and number manipulation(see chartman's posts), i.e. a confidence game.

Now a stable economy is not immune to some crashes, or rapid spikes, but those tend to be short lived, and quickly corrected. Only when you allow the kind of sustained, long-term manipulation that a central bank can produce do you get these large, sharp spikes and dips.

20 just any guy   2017 Jun 7, 1:41pm   ↑ like (0)   ↑ dislike (0)     quote        

JZ says

Buffet said:" Anyone who bets against America will lose"

Buffet said:" Every 10 year or so, there will be dark clouds showing up in the financial market and it will rain gold for a short period of time, and my job is to be prepared and capture as much gold as I could."

Buffet said in 2012/3:"We do not need more than 20 billion cash, any cash above that, Berkshire will pull out the elephant gun and blow it"

Last week, somebody twitted Berkshire is 80billion in cash, about 40%?

Telling...

21 APOCALYPSEFUCK_is_ADORABLE   2017 Jun 7, 1:45pm   ↑ like (0)   ↑ dislike (0)     quote        

Buffet will be joining the belt-fed lifestyle. His cash position tells the story.

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