patrick.net

yep, Italy may become an attractive value + momentum play. Did well with RSX last year.

FP says

Italy may become an attractive value

Crozine wasn't wrong with his trades on European debt, he was just to leveraged ... always value out there to be had

Seems like a huge reason to invest in Europe.

S&P 500: +106%

MSCI World ex-US: +1%

Mean reversion.

Heraclitusstudent says

Mean reversion.

A lot people have said that over the years... first strong dollar run took a bite out of the world economy put things are picking up now for sure with the PMI data

Question, why did you select 9yrs specifically?

A little economic crash circa 2008 didn't have anything to do with it did it Logan :-)

Repost the charts at 5yrs, 10yrs, and 15yrs and let's cut out the selectivity.

BayArea says

Repost the charts at 5yrs, 10yrs, and 15yrs and let's cut out the selectivity.

Speak of the Devil and he shall appear

http://pages.stern.nyu.edu/~lpederse/papers/ValMomEverywhere.pdf

Logan Mohtashami says

Total Return, last 9 years (in US $)...

US: +94%

Germany: -3%

UK: -5%

France: -11%

Spain: -31%

Italy: -50%

#Investing

This is a light demographic patch too

Is the Fed ever going to sell the 4.5T in bonds that it purchased? What do you think Logan?

You would think with economy doing so well they would have already started?

tr6 says

Is the Fed ever going to sell the 4.5T in bonds that it purchased? What do you think Logan?

Adjusted monetary base declines further to $3.4 trillion, the lowest since August 2013 http://bit.ly/2hXIHBz

Logan Mohtashami says

Adjusted monetary base declines further to $3.4 trillion, the lowest since August 2013 http://bit.ly/2hXIHBz

Monetary base and Fed balance sheet are two different things.

tr6 says

Is the Fed ever going to sell the 4.5T in bonds that it purchased? What do you think Logan?

Doubt it.

tr6 says

You would think with economy doing so well they would have already started?

We still have deficits.

tr6 says

Monetary base

Maybe we are talking about 2 different things then

https://fred.stlouisfed.org/series/BASE

tr6 says

You would think with economy doing so well they would have already started?

If you're talking about government debt in general... our days of lower deficit trends are done.. by 2024 just mandatory payouts will exceed government revenue.

We simply have too many old people now collecting S.S. and Medicare to have any movement on government debt but up