Even permabears like Harry Dent and Peter Schiff are throwing in the towel.
I cant believe it took many Harvard grads this long to figure out that you cant fight the Fed.
Sure a 10 percent correction can happen at any time. But a 25+ percent crash wont happen till there is a loss of trust between participants (big bank and such). Like back in 2008
They are always talking about these zombie companies that barely scrape by. Can anyone give me an example? Cause most companies in the S&P 500 make decent profits
I cant believe it took many Harvard grads this long to figure out that you cant fight the Fed.
Sure a 10 percent correction can happen at any time. But a 25+ percent crash wont happen till there is a loss of trust between participants (big bank and such). Like back in 2008
They are always talking about these zombie companies that barely scrape by. Can anyone give me an example? Cause most companies in the S&P 500 make decent profits
What can cause a bit of a hiccup tho, is if the Treasury has too issue a bunch of debt in a short period of time.
Cause then the banks will have to pull some money out of the market.
That can lead to a 10 percent correction-- just enough to scare a whole bunch of people.
And the real reason why the Fed cant taper is the perpetual trillion dollar plus gov't debt. No one but banks (because they have to) will buy them at these interest rates
Cause then the banks will have to pull some money out of the market.
That can lead to a 10 percent correction-- just enough to scare a whole bunch of people.
And the real reason why the Fed cant taper is the perpetual trillion dollar plus gov't debt. No one but banks (because they have to) will buy them at these interest rates
'what course is that ?'
Sept 3, 2021 2:15pm tee time . Stonefest International Country Club, Yunnan, China
4-some: Xi ...yeah that's right .. President Xi, Smalldaddy, SR, Ric
$280 USD to play .......undulating, parkland course...thing of beauty. Bring the 'A' game fellas ............communist country, dont do anything crazy
.
Sept 3, 2021 2:15pm tee time . Stonefest International Country Club, Yunnan, China
4-some: Xi ...yeah that's right .. President Xi, Smalldaddy, SR, Ric
$280 USD to play .......undulating, parkland course...thing of beauty. Bring the 'A' game fellas ............communist country, dont do anything crazy
.
yup,a few factors led to that collpase-- trade tensions usa /china was one of them . I remember trump having encourgaing words at the G20 summit in argentina, then less than 24 hours tweeted contrary words and the markets reversed violently, lol. Dec 2018 was madness (see the chart above lol). Yeah and the Fed had delusions of tighening .. that changed early Jan 2019, he seemed constantly under heat from trump to lower rates @)
Played in a charity golf tournament today. Joe Mauer was in the group behind us. He is definitely Minnesota nice. We chatted with him for about 20 minutes before the tournament. I got Joe to pose with my friend who is a bigger homer than MG Man. Sent the pic to his family and it made his whole day.
One of the holes was a dogleg right with a huge oak tree on the right. I was last in our group and we had one in play. I got up there and pasted one over right over the tree and cut the corner. The guy sitting on the hole giving away stuff was really impressed with the drive. I told him to tell Joe the short, old fat guy just pasted one over the oak tree and cut the corner. He laughed and said he would let him know.
They had a raffle and I bought 5 tickets. My buddy was complaining that he never wins anything and I always win one or two things at the raffle. About half way through he said something is wrong you havent won anything. Next number called I won a $140 wedge. I only knew the 3 guys I played golf with. These girls at another table yelled check his numbers........kind of cold.
The minister in our group won a $300 Ping putter. He said he never wins anything. Pretty good day....sunny 80 degree, golf, drinks and good food.
One other raffle story at another tournament a few years ago. It was a pretty big tournament and I think I bought probably 20 raffle tickets. I won something early and everyone is polite and claps. A few later I won again....more clapping. I win again.....now almost no clapping. A little while later I won again. Now there is some booing from the crowd. There is a signed Vikings jersey for the next item. There are two women I didnt know at our table. One really wanted to win this jersey. I told her lets trade some tickets......mine are red hot. She doesn't want to trade. Ok but these are hot tickets. She doesn't trade and I get called again. Crowd wasnt very happy. She thought I was going to give it to her. I didn't.....she could have traded and won but she didn't. Overall pretty weird they kept drawing my numbers.
One of the holes was a dogleg right with a huge oak tree on the right. I was last in our group and we had one in play. I got up there and pasted one over right over the tree and cut the corner. The guy sitting on the hole giving away stuff was really impressed with the drive. I told him to tell Joe the short, old fat guy just pasted one over the oak tree and cut the corner. He laughed and said he would let him know.
They had a raffle and I bought 5 tickets. My buddy was complaining that he never wins anything and I always win one or two things at the raffle. About half way through he said something is wrong you havent won anything. Next number called I won a $140 wedge. I only knew the 3 guys I played golf with. These girls at another table yelled check his numbers........kind of cold.
The minister in our group won a $300 Ping putter. He said he never wins anything. Pretty good day....sunny 80 degree, golf, drinks and good food.
One other raffle story at another tournament a few years ago. It was a pretty big tournament and I think I bought probably 20 raffle tickets. I won something early and everyone is polite and claps. A few later I won again....more clapping. I win again.....now almost no clapping. A little while later I won again. Now there is some booing from the crowd. There is a signed Vikings jersey for the next item. There are two women I didnt know at our table. One really wanted to win this jersey. I told her lets trade some tickets......mine are red hot. She doesn't want to trade. Ok but these are hot tickets. She doesn't trade and I get called again. Crowd wasnt very happy. She thought I was going to give it to her. I didn't.....she could have traded and won but she didn't. Overall pretty weird they kept drawing my numbers.
'One of the holes was a dogleg right with a huge oak tree on the right. I was last in our group and we had one in play. I got up there and pasted one over right over the tree and cut the corner. The guy sitting on the hole giving away stuff was really impressed with the drive. I told him to tell Joe the short, old fat guy just pasted one over the oak tree and cut the corner. He laughed and said he would let him know'
lol,calling you Bryson
Greatest game in the world...but you already know that
