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Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,535
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Market changes ahead?
I'm hoping this avoids PARF. I found it an interesting piece written by a nobel prize winner in economics.
https://www.project-syndicate.org/commentary/illusion-driving-asset-prices-upward-by-robert-j--shiller-2017-01
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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01-18-2017, 01:49 PM
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That gives me another reason to believe we are in bubble that's about to burst.
Tabs should be along any minute now to insult you and the author. 3-2-1 ....
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01-18-2017, 02:01 PM
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Band.
Join Date: Dec 2003
Location: Denver, CO
Posts: 13,332
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Even people who don't follow the markets have been talking about how there is going to be a post-inaguration market crash which is exactly the reason why I think the markets will keep going up. I'm planning to be mostly cash next week though!!
Oh yeah and you boyz just don't get it. I'm really tired of how stupid you all are so I'm gonna get on here and make sure you know.
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1983 SC Coupe 1963 BMW R60/2 1972 Triumph Tiger 1995 Triumph Daytona SuperIII |
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01-18-2017, 02:10 PM
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Join Date: Jan 2002
Location: west michigan
Posts: 26,750
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Quote:
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78 SC Targa Black....gone 84 Carrera Targa White 98 Honda Prelude 22 Honda Civic SI |
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01-18-2017, 03:09 PM
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Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,535
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Meh! You guys think that just because this guy has all these credentials he could know more about economics than our Tabs???
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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01-18-2017, 03:29 PM
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White and Nerdy
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Anything I have in the stock market, is throw away money, if I put in enough principle, and it goes up enough over time, I cash out, and buy some land in the country, and build a personal fabrication shop/garage.
I did jump in when I realized Obama would be making a massive debt bubble. Whether it pops or not, will be up to our new government. An inauguration crash doesn't bother me, that is a "phantom" so to speak(buying opportunity). A policy based crash, that is where it can hurt.
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Shadilay. |
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01-18-2017, 03:59 PM
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Join Date: Aug 2014
Posts: 401
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When hundreds of billions of foreign reserves are released from overseas and spent, where do you think they go? They mostly recycle back where they came from. That increases the domestic money supply and we get inflation. Please don't fall for the dollar as a store of value. It's only a medium of exchange. The money supply has tripled in the last 10 years. It will at least double in the next ten. Stocks are simply inflating up at this point. It has nothing to do with earnings. Foreigners are also net buyers of U.S. large cap stocks as domestic is still net sellers. Overseas buying is outweighing domestic selling by 4 to 1 last time I checked.
Last edited by NoRush993/951; 01-18-2017 at 04:43 PM.. |
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01-18-2017, 04:22 PM
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Copenhagen Blue
