Posted on 05/04/2022 3:16:19 PM PDT by blam
It’s not his blog. What is wrong with you!
“never heard of this guy.”
That says more about you than about “this guy”.
The US is the best market in the world, it will recover. It always does.
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The U.S. is, in many respects, a much different country than it used to be. Our national character, social fabric, ethical foundation, trust in government, etc. has all changed.
We are basically a socialist country today where the government controls, regulates, or greatly influences every sphere of activity.
I would be careful extrapolating from the past when things have changed to the degree they have here.
Yea, it is - or was. With the democrats on a scorched earth policy of taking this country down….
We’re in uncharted territory.
BX is not the only asset manager holding real estate, but it is certainly the biggest and its been on a buying binge. No doubt about it.
As an asset manager BX illustrates that, going forward, investors might want to consider various, non-traditional asset classes to include in their portfolio. With relatively high market valuations, strong inflation, excessive government spending, balooning debt, international trade issues, etc its going to be a very challenging investment environment for a long time to come IMHO. Invertors are going to have to be nimble.
Damn you, Putin!(/S)
Think you nailed it.
My AMD stock did very well a day after a great earnings report 99.42+8.29 (+9.10%)
However the stock like many nosedived since the FED chairman announced rate hikes coming in 2022.
AMD went from $145 at the beginning of the year to $85 last week. From $110 to $85 in April.
Just as a ray of sunshine was a beaming on AMD today, the FED raised interest rates another 1/2 percent today..... !
We will see what the future will bring.
If only Trump was president and DeSantis afterward.
LOL. His Tactical All Asset Fund peaked in December of 2009. Since then it's lost 8%.
During that same time period the S&P 500 is up over 300%.
He must have buried his investor's money in a coffee can in his back yard.
Timing the market is very easy.
You buy when everybody on FR is screaming sell sell sell, the market is never coming back.
We are a long way from there—but we will get there!
Exactly right. This ain’t the same country and, we have about $28 trillion more in debt which actually may now have surpassed our GDP.
“Wright’s fund is presently invested mostly in cash, but also a range of other assets including foreign stocks and master-limited partnerships.”
So he thinks the the rest of the world is going to be immune to whatever crash he thinks it’s going to happen here??
If he really believed what he’s saying and knows how to time the market why isn’t he 100% in cash?
Churned me...big time.
I learned how to trade...Learned how to read charts..and understand markets...Oil Gas...and everything else.
Still, those who were planning on retiring now might want to wait a few more years. Which is not all bad because we definitely have a labor shortage going on right now.
bkmk
You buy when everybody on FR is screaming sell sell sell, the market is never coming back.
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I think you’re referring to what’s known as capitulation, a common phenomena when markets decline to the point where investors want the pain to stop.
bmp
I have my diminishing retirement money with Fidelity..it grew nice until buyden....tomorrow, heading to Edward Jones for advice....
We almost hit my stop loss limit last week. I’m thinking they won’t let the market crash too hard before the election unless some catastrophe occurs. After the election, watch out. Just my opinion…
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