That makes common sense so that is why it won't get done. Goldman Sachs runs the country and they are religious gloBULList zealots. There are bunch of those worm tongues in the Whitehouse.
Posted on 01/06/2019 9:53:28 AM PST by SeekAndFind
In 2008 large institutional buys for pensions and mutual funds weren’t being driven by software algorithms. Some of the market fluctuations we see these days seem to have no basis beyond the latest tweet or CNN headline.
RE: If the current recession is the result of credit exhaustion
WHAT CURRENT RECESSION?
Not only in America.
China and Europe do the same, if not more so.
And any number of states in recent times, plenty of them in the Third World. Its a constant theme, of borrowing heavily for “development”, and then going broke and defaulting or threatening to.
It was a thing back in the 19th century. Mexico and Egypt, just to cite two examples, lost their independence as a result, ultimately, of creditors trying to get their money back.
This down turn is nothing like the last one in 2008. But there is a bubble that is bursting just like last time. This time its China. And the European debt is a problem as well. We are in great shape. We have no problems, unless you want to count the foreign lobbyists trying to get our country to help them out. Or if you count our international companies that will try to get our government to help them out in the rest of the world.
The China bubble is the big thing. And we should let it pop. Extra money in China is being used for no good purpose. It is funding the China navy and army. And it is funding the Chinese hackers and techno-tyranny. We should treat China like an equal and put tariffs on all their stuff. China is a first world country hiding inside a third world country. There is no reason to think our money is going to latter as long as the former calls all the shots.
The best we can do for the world is to tariff everything from China. It lowers our debt. It weakens China’s military. It lowers Chinese pollution. And it encourages the CCP to spend its money helping the people so they don’t revolt. Everybody wins.
Well, if it’s planned, then it’s not current.
This downturn (as you call it) is a normal market correction and is probably very close (time and price) to being over.
The correction can be identified as either starting Jan./2018 or Sep./2018 depending on the degree.....but a correction none the less. Smart money is now buying as it always does at major bottoms.
Yes.....markets can make new arbitrary highs during the corrective process, i.e. Sep./2018.
It is generally noted that new bear markets are usually identified (by the media) when just about or already over....and this is why the public always sells at the lows and buys at the highs. They watch too much T.V.
Ask yourself this question: Would you let your local or national broadcaster manage your portfolio?
Most foreign markets are now completing their own corrections begun (in some cases) two years ago. Their corrections have been of a larger degree for the most part.
Let’s see, low unemployment and a robust job market, inflation is under control, solid growth, hmmm. With “recessions” like this, who needs expansion?
That makes common sense so that is why it won't get done. Goldman Sachs runs the country and they are religious gloBULList zealots. There are bunch of those worm tongues in the Whitehouse.
Simple answer is no
The stock market does not equal the economy. While the market, a collection of international companies, are hurting, local companies are growing and hiring.
Agree. By the timr it becomes a concern it is about over.
It’s not a crash, and predictions about the future financial state of the country are useless.
It’s not a repeat of 2008.
2008 was a culmination of seven years of absolutely reckless real estate lending.
Lending by shadow banks and pure mortgage lenders who decided to ignore the standards of conforming loans, since they could bundle the paper and sell it to others.
As a result trillions of dollars of dubious, high-risk mortgage paper was generated and sold, worldwide. And if you were paying attention you knew that we were in the mother of all bubbles.
There’s no similarly large bubble right now.
The overly popular FAANG big tech stocks were probably overpriced. And I’m certain that there is another bubble in California real estate, driven by overseas buyers. But there’s nothing as big as 2008 or 2000.
Correct....and another thing that is just silly and has spooked so many investors to stay out of the markets.....is interest rates on the rise..........
In a typically strong economy interest rates will go up because the demand for money goes up. It is the same as any other commodity....demand will cause scarcity and scarcity will cause higher prices whether it's apartments, lettuce, or good cigars! Money will get expensive when there is less of it and strong economies will ensure a scarcity and competition for money.
For eight years under the "Nobel Prize" winner we had zero interest rates because the demand for money was non existent. No one wanted to borrow....not sure what the dope would do. Enter Donald Trump and that fear has vanished. We are sure what he wants and it includes our best interests!
Up goes the demand for Investment Capital along with subsequent interest rates increases.
“The stock market has predicted 7 of the last 5 recessions”.
A quip worth remembering as Wall Street and Main Street aren’t the same thing
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