Down goes the Dow

...so why is the dollar's share of global reserves at near all-time lows and declining fast and materially?

Ghost of Igloi wrote:

Stocks only go up? OK, but meager returns past 21 years, and that is at a snap shot at one of the highest valuations ever.

Are we still talking about HSGFX here? I mean, it is 21 years old and has enjoyed meager (read: negative) returns in that time.

agip’s brain had deteriorated with the onset of a severe case of leftism. He spouts such nonsense while the Democrats destroy the country.

j-wo wrote:

Ghost of Igloi wrote:

Stocks only go up? OK, but meager returns past 21 years, and that is at a snap shot at one of the highest valuations ever.

Are we still talking about HSGFX here? I mean, it is 21 years old and has enjoyed meager (read: negative) returns in that time.

No. Since I have been in the fund it has been nothing but up. In my view that will continue, and by year 25 will be will above the S&P 500 for the same time period.

Ghost of Igloi wrote:

j-wo wrote:

Are we still talking about HSGFX here? I mean, it is 21 years old and has enjoyed meager (read: negative) returns in that time.

No. Since I have been in the fund it has been nothing but up. In my view that will continue, and by year 25 will be will above the S&P 500 for the same time period.

You say no, but then you do exactly what I questioned.

Hey buddy, the point is the market is at one of the highest valuations ever, and the 21 year return for the S&P 500 was 6+%, the NASDAQ far worse. Not the often quoted double digit equity return, and a bond like like return. Make of it whatever you want, but that has nothing to do with HSGFX, other than I am glad I am in the fund and likely to buy more. And you are trolling, embarrassed by Hussman’s great past fifteen months, and can say little other than what you did

SP500 Total Return

Annualized

5 years: 16%

10 years 14%

15 years +10%

45 Years! 11%!

21 years 6+%.....running last blow off top fueled by unhinged Fed and Government $Trillions of fake programs.....and that average about to get much worse......

"One month" returns from Mstar.

not sure if this is all of March or how many days it is

But includes today

Value +7

SPX +5

USA +4

Non-US developed: +3

Hussman +3

Small Caps +2

Tech +1

60/40 +1

Emerging: -1

Inter Treas -1

TIPS 0

China -8

ARKK -8

Another great month for stocks. 4% in the US.

If you had told me that the market could surge like this without tech leading...I would have said ok sure but that's unlikely. But here we are - tech stocks are dogs but the market just rose 4% in a month. That has to be very bullish.

1% from a 60/40 portfolio. Annualize that and it's a very, very good year.

Hussman continues to rock and roll.

Ghost of Igloi wrote:

21 years 6+%.....running last blow off top fueled by unhinged Fed and Government $Trillions of fake programs.....and that average about to get much worse......

your cherry picking of dates is really quite a thing. I mean just step back for a second.

Not really. High point to high point. Far more relevant than a snap shot at a high and assuming the future ten years will replicate. Not likely at all.

Ghost of Igloi wrote:

Not really. High point to high point. Far more relevant than a snap shot at a high and assuming the future ten years will replicate. Not likely at all.

I don't understand why it makes any sense to start the clock on a high point.

No one puts all their money in the market on one day, the worst day in decades to do so.

It's an almost useless stat.

idk, probably because no country has any money right now, let alone dollars. The dollar was also pretty low as a share of global reserve in the late 80s. That didn't stop us from winning the Cold War.

This metric is absolutely useless on its own - it means nothing to me. What currencies are gaining ground (if any), and why? The number of possible correlations here are almost endless.

Infrastructure bill is supremely bullish for the US too btw

High to high doesn't matter.

What you want to know is: if I DCA into the S&P over a few months and hold that in for awhile, how will it do? It's clearly much higher than 6% on average, when reinvesting dividends.

Ghost of Igloi wrote:

Hey buddy, the point is the market is at one of the highest valuations ever, and the 21 year return for the S&P 500 was 6+%, the NASDAQ far worse. Not the often quoted double digit equity return, and a bond like like return. Make of it whatever you want, but that has nothing to do with HSGFX, other than I am glad I am in the fund and likely to buy more. And you are trolling, embarrassed by Hussman’s great past fifteen months, and can say little other than what you did

And my point is that the 21 year return for HSGFX is negative. Those stock indices are blowing away Hussman over that time period.

Swaglord_the_realest wrote:

High to high doesn't matter.

What you want to know is: if I DCA into the S&P over a few months and hold that in for awhile, how will it do? It's clearly much higher than 6% on average, when reinvesting dividends.

DCA is for poor people.

0DTE SPY calls is for people who want to feel alive.

WELL THIS MAKES ME FEEL A-A-A-ALIVE:

SPX ALL-TIME HIGH