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Iwog 20% correction soon?


               
2016 Sep 2, 12:06pm   15,072 views  53 comments

by Heraclitusstudent   follow (8)  

https://www.bloomberg.com/view/articles/2016-09-02/a-storm-is-brewing-in-global-financial-markets

Global growth is weak, and will be eroded further by Brexit. Oil prices are low, and likely to plunge further. The world has excess capacity and a wage-depressing labor surplus. Corporate profits are shaky. And deflation is laying bare the impotence of central banks. So where would you logically expect financial markets to be going, given that economic, financial and political environment?

#LogansSwan

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1   Heraclitusstudent   @   2016 Sep 2, 12:25pm  

Is Logan saying there can't be a correction?

2   exfatguy   @   2016 Sep 2, 1:34pm  

Good times are here to stay, but only for people already having good times. If you aren't having a good time, you never will. #NewReality

3   anonymous   2016 Sep 2, 2:50pm  

Good times are here to stay, but only for people already having good times. If you aren't having a good time, you never will. #NewReality

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The Land of Opportunity. Don't you worry, you can take out a loan for an education, then take out a loan for a place to live, and then hope you're fortunate enough not to be bankrupt from Affordable Healthcare.

#theNewNewNewEconomy

4   Strategist   @   2016 Sep 2, 3:10pm  

What are you guys talking about? We are in a recovery.

5   Maga_Chaos_Monkey   @   2016 Sep 2, 7:35pm  

Strategist says

What are you guys talking about? We are in a recovery.

After step 12 you remain in a recovery. For the rest of your life.

6   Bellingham Bill   @   2016 Sep 2, 8:20pm  

correlation was pretty tight between corporate profits and the S&P up to 2009.

yield expectations have been cut by half thanks to all the printing, so maybe we're allowed more upside in the S&P 500 now.

OTOH, when Hillary wins should the GOP retain the House, things are going to get totally, totally fucked in DC.

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