Posted on 12/26/2018 10:16:18 AM PST by Red Badger
We are animal lovers as well as Trumpsters and stock market investors...
9 11 controlled implosion
Make that a dead free dog and it would be super funny
Nobody ever said stock market can see ACCURATELY in the future. Only God has that ability. But stock market actually does have a decent batting average in predicting future economic activity.
As for me, since I can’t see worth a damn in the future, I can only rely on historical behavior. That is why I have been posting for several moons that stock market is dangerously over-valued based on 100 year historical data. No one knows how extreme the market will reach in either direction, but eventually it tends to float towards past averages.
I would love to see Bill Maher CRASH
But compared to the rapid rise of other financial factors like college tuition, stock market isn’t over valued...
Does it feel more like 1984 right now, or 2010?
It's hard to tell. I wonder if a strong-dollar scenario works AGAINST some of these companies. I read somewhere that something like 45% of the revenue of the S&P 500 companies comes from overseas. If that's the case, then they could be showing declining revenues in U.S. dollars even if their overseas sales are UP.
Those are 2 different things and not comparable. College tuition and healthcare costs have gone up much faster than inflation because it is purely a demand and supply situation. Lots of demand because of how ridiculously easy it is to get educational loans. Students can borrow not only for tuition but also for housing and auto and travel! And who can avoid going to a doctor when really sick!
On the other hand, most corporations do have competition, both domestic and foreign, and their stock price therefore is never a monopoly and therefore has to be performance based.
Before the recent decline, stock market felt more like housing boom of 8-10 years back. It was artificial incentives (sub-prime loans) for housing boom and ZIRP for almost a decade long period for the stock market.
Strong or weak dollar can certainly affect profits of multi-nationals. Main reason Dollar is strong because Europe is still stuck on zero interest rates. And of course recent attempt by FED to normalize rates has also helped the dollar stay strong.
hah...yeah my cynicism says “meowwwwwBOING” too.
Today reality is up 1,086 points on the DOW.
The big expiration was December 21st.
I agree. Computer based programs can be a useful analysis tool but you really can’t set up an algorithm that is going to be able to predict, take into account all other non-market factors and make the right decision in its instantaneous trade. Well, there is the human brain - which was why they used to get paid the big bucks.
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