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Why am I not surprised that Central Banks have once again created a giant, speculative world-wide debt bubble that is once again bursting. I suppose they will devalue currencies (destroy savings) once again to save their billionaire cronies.
When? Anyone can sit here and play expert by saying someday the market will do down (or up) on some unspecified time frame, how about you distinguish yourself by narrowing it down to something better than "ahead" for us?
Would your latest bear market call be any different than the one you made over three years ago in May 2012:
Quote:
Originally Posted by richrf
World wide stock market Bear market (check what is happening around the world) and soon to hit the U.S.
Or how about your brilliant call of the market topping out in November 2012:
Quote:
Originally Posted by richrf
If you look at the long term charts, the Dow appears to be topping out.
Your "topping out" prediction in late 2012 was of course followed by the S&P500 rising almost 30% in 2013, I'm sure you made a real killing there eh?
I wonder if you'll finally be the broken clock that hits the hour this time.
When? Anyone can sit here and play expert by saying someday the market will do down (or up) on some unspecified time frame, how about you distinguish yourself by narrowing it down to something better than "ahead" for us?
Would your latest bear market call be any different than the one you made over three years ago in May 2012:
Or how about your brilliant call of the market topping out in November 2012:
Your "topping out" prediction in late 2012 was of course followed by the S&P500 rising almost 30% in 2013, I'm sure you made a real killing there eh?
I wonder if you'll finally be the broken clock that hits the hour this time.
Excellent, Lieqiang. It is rather incredible that gloom and doomers such richrf can keep posting year after year without apparent embarrassment. Do they really believe their own drivel or do they just enjoy riling people up with their irrationality? Of course they can buttress their ideas with selective blog quotes from the internet. No idea is too absurd and ridiculous as to lack adherents on the internet.
The market, and only the market, has been artificially goosed by the Central Banks printing presses. All this at the expense of producing a world economy that is rotten to the core. A good plan? I guess that remains to be seen.
Not sure whether China's printing presses can levitate the world's markets further without totally destroying China's economy but this whole experiment of trickle down on steroids is an interesting one. We'll just have to wait and see whether it is a good idea to destroy the middle class in order to save the top 1%.
My guess is that since we have already retraced 2015 and 2014 that 2013 is not far behind. But then again, maybe poor people won't mind much if the Central Banks once again impoverish them in order to save stock market gamblers.
The market, and only the market, has been artificially goosed by the Central Banks printing presses. All this at the expense of producing a world economy that is rotten to the core. A good plan? I guess that remains to be seen.
Not sure whether China's printing presses can levitate the world's markets further without totally destroying China's economy but this whole experiment of trickle down on steroids is an interesting one. We'll just have to wait and see whether it is a good idea to destroy the middle class in order to save the top 1%.
My guess is that since we have already retraced 2015 and 2014 that 2013 is not far behind. But then again, maybe poor people won't mind much if the Central Banks once again impoverish them in order to save stock market gamblers.
I'm not sure if I'd classify this as gobblely-**** or gibberish, but it is definitely nonsensical.
I too predict gloom and doom. Possibly this year, possibly sometime in the future. But whenever they happen, I predict that the doom will happen before the gloom. And that it might take years of gloom before the market will finally zoom. And that when it finally does zoom, it will be the start of a boom.
I too predict gloom and doom. Possibly this year, possibly sometime in the future. But whenever they happen, I predict that the doom will happen before the gloom. And that it might take years of gloom before the market will finally zoom. And that when it finally does zoom, it will be the start of a boom.
I don't know when "the market" became the economy rather than a reflection of the state of the economy. On yes. I do recall from my history lessons. I believe it was 1929. Only 20 years of gloom followed. I guess that is the price we all have to pay to make the Uber-rich Uber-happy
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