Posted on 12/17/2018 3:17:03 PM PST by CincyRichieRich
No it wouldn’t. 1.037^20 = 2.068 1229 * 2.068 = 2542
If we do get away from this zero percent interest, interest on the national debt will ultimately consume all federal tax revenues.
P.S. We got a problem.
Well, I don’t know but I don’t put it beyond the realm of possibility either.
There is some exceedingly nasty stuff going on in and around our government.
If what you say is so, all that can be done is a military counter-coup to eliminate congress and the courts...and to take out certain state governments. That is “messy” beyond all comprehension...and maybe not even possible with the current military leadership and personnel.
I defer to your math skills. The computer is on the other side of the room...
Any way you cut it, it ain’t much.
What did you think I did, divide?
No worries.
“I’ve done this professionally for 26 yrs...
Dude, sit down, breathe....”
Says a person making money on both sides of a trade or fees market up or market down.
What is happening does not feel rational or normal.
Kudlow? Has a built in conflict of iterest any way you slice it. Persuader of Trump’s tax and trade policy. Market not the economy? Tell me once when the market went up and the economy was not good. Already the converse is not being true. The economy has not tanked yet. Just like in the fall of ‘07 and winter of ‘08 we are being talked into a recession. We had a bubble in housing and CDS then but now?
Dig a hole under your window?
“you don’t trust folks that hide behind titles and letters”
So instead you hired the LEAST qualified person to deal with your entire life savings.... yourself.
And now, when the shit hits the fan, the “market is irrational and being manipulated, it’s not fair...”
LOL, since I joined FR in 1998 I’ve heard that from Freepers here, always fascinates me...
1998 Asian Contagion, LTCM melt down
2000 Dot Com/Growth Bubble Burst
2002 Baby recession, blood bath
2008 Liquidity crisis/Great recession
2010 Flash Crash
2011 Summer 20% sell off
These hysterical events have happened since I joined FR. The crowd goes WILD...
We haven’t had much excitement since about 2011, we’re overdue. Many stocks were Dot com era overvalued, but meantime we have a long list of stocks at single digit pe ratios...
Right now the market makers are letting prices fall as they are deluged with sell orders.
So, tell me about your bad trades and what happened to them?
A rate hike has been in the market for months.
The December rate hike was priced into the market for a long time.
However rates have actually been dropping recently which was not expected .
Not even a little bit.
Sundance, who runs CTH, despises Q. His is the best analysis available on the internet, IMO, especially on trade, and this is just one post of hundreds, in which he has built an amazingly complex, nuanced, and (to me) persuasive case on the huge impacts of Trump and his MAGA team.
Sundance has actually been predicting exactly what's happening with the divergence of the two economies, Wall Street v. Main Street, for two years.
If you keep reading at CTH, you won't be sorry.
If the FED doesn’t raise the overnight rate on Weds the market will go DOWN because people will say the FED knows the economy is falling apart.
It’s about mood. Things will be this way until a trade deal is secured with China.
Then it’s off to the races. We have low unemployment, wages rising faster than they have in years, homes slowing their manic price raises (yet it’s hard to crash a real estate market with low inventory and high wages.), and many companies enjoying rising earnings.
Effing relax. Opportunities are just around the corner. I doubled my net worth and retired early during the Great Recession. I’m going to worry about this situation? Hell, I’m loaded for bear and watching for targets.
During the rock solid growth of the Reagan years?
The biggest weight on the market by far is the dems taking control of the house. However, this and other items will be short lived. The market always return to a proper multiple of profits. Profits are good and getting better. As Trump finishes some of these big deals, the profits will grow even more.
Here is what I did. I stopped putting my faith in the market, and put my faith in the Lord.
10 years on I am better off and never once had to worry about where the market was headed. Christ and the apostles didn’t worry about retirement.
Neither will I.
Liberating.
Not so different, it was a financial attack on the US economy.
A purposeful action. [Read:Soros]
President bush mentioned that fact in a presser, but nothing came of it.
Ask why that is.
Oops, 1987?
“S&P closed ‘98 at 1229, today at 2545, or 3.7% annual rate of return for the last 20.”
Don’t you need to add 1.0% to 1.5% for dividends?
1998 was about the time of Monica. I figured the market was going to blow and it never did.
The problem is many pension funds are planning on 7.0% and they are not going to get it.
Who is going to buy? The only reason people have been buying is the low interest rates. Who has money left to buy when the boomers need to sell?
I have also been trying to figure how much of the market being up is due to a declining dollar versus real income.
A correction is 10%, that’s 2,500 points and it’s a correction.....the market will move up before the end of the year...it’s called the Christmas rally...
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