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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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KC, PW and Sammy are at least seasoned Investors. The rest well... are Yayhooo's. Old unkel Litvak before they swung the trap on him said, "Yah never give a sucker an even break nor wise up a chump." OK CHUMPS I am stupid.
If I have said it once I have said it 1000 times, THE FIX IS IN>>>> The FED with it's activist monetary policy has guaranteed the economy which in essence is guaranteeing the over and the under on the Equity market. Four factors to consider.
1. No place else to invest money to make an ROI...Bonds? ya like 2.2% on a 10 year..hah
2. Corporate profits have to go somewhere, because there is NO DEMAND for product and no need for more factory's without demand. So it is M&A and stock buy back programs which shortens the supply of equities.
3. Pension Funds structures have been built on the 8% return model to remain solvent...
4. All that money that has been printed has to go somewhere.
I have been calling the Equity markets correctly since 09, most notably with my call in September of 2012 when the SP was at 1390...I said the SP 500 would go to 2250....after that watch out UNLESS it takes an extended amount of that to get to that level. That was when I started saying the fix was in with QE3. That was about the time the data started to become manipulated with a wink and a nod to the savvy. The FED needs cover for their policy actions.
So far if you look at the 5 year SP 500 chart it is been rising at about a 25% degree angle...a slow but steady accretion rate. It is currently at 2470. That regime will continue so long as the FED has credibility and or something big does not happen.
Sammy has it partly right, SO LONG AS THE FED HAS AN ACTIVIST MONETARY POLICY THE EQUITY MARKETS WILL BE IN AN UPWARD MODE. Interest rates are going to remain LOW practically forever if the FED has anything to say about it because there is so much debt that has to be serviced. Any spike in Interest rates means the debt becomes unserviceable.
The FED Is effectively in a box. Print more money to buy debt and the USD becomes shaky, Debt has to be sold and there comes a saturation point where there are no more buyers except for the FED. US Governmental dysfunction is putting the stake through the heart of not only America but the Global economy. What has the US government been able to fix in the past 8 years that would ameliorate the economic malaise? The answer is NOT A FKING THING, it is a 680B USD deficit and rising..it all accumulates ya know... You are in effect dead men walking. You don't even fkin know it because you all are too busy arguing among yourselves....
I have said this over and over again with out effect on this Boards members, which makes their intelligence and veracity suspect. I have little to no respect for you folks nor for practically anybody else. So stupid is the word that applies to you all in my estimation. Wear the dunce cap with pride you have earned it. This is fact and not supposition, so your end is not going to be a happy one. .
I have had feedback on stuff that I wrote from a former FED chairman, and have moved another FED President among others to stutter for 5 minutes after reading one of my emails. What I say is accurate,* I have been watching the markets continuously since 1990, have learned at the knee of a Money manager who is a friend and or acquaintance of a several ex FED chairman and at times has been sought out to give advice to the RNC.
*To say it simply one has to work at being accurate. For one has to continuously weigh out information for it's veracity. One has to factor in what ones own bias's are before one speaks. Absolutely NONE OF YOU DO THAT. Which is what makes you stupid and more over unable to fix a fkin thing. Is that succinct enough for ya all. U boyz are doin a great job of fking yourselves.
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"Some Observer"
Last edited by tabs; 08-01-2017 at 12:35 PM..
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