Why do you care what S.H. has to say? 1) He's not highly educated. 2) I can't find any evidence of great wealth. 3) S.H. doesn't have an important government job or an important job at a large commercial bank or an important job at a N.Y.S.E. investment bank. Might as well ask Bernie Madoff's grandkids their opinions on markets.
Why do you care what S.H. has to say? 1) He's not highly educated. 2) I can't find any evidence of great wealth. 3) S.H. doesn't have an important government job or an important job at a large commercial bank or an important job at a N.Y.S.E. investment bank. Might as well ask Bernie Madoff's grandkids their opinions on markets.
Why do you care what S.H. has to say? 1) He's not highly educated. 2) I can't find any evidence of great wealth. 3) S.H. doesn't have an important government job or an important job at a large commercial bank or an important job at a N.Y.S.E. investment bank. Might as well ask Bernie Madoff's grandkids their opinions on markets.
On the contrary, in case you haven’t noticed, the Fed and large investment banks, collectively have been very wrong lately.
In the case of the former, thousands of Phd economists at the Fed have been complicit in the greatest financial fraud, as well as the fastest rise in inflation in history.
So tell me, why do most investors hang on their every word?
Now as to the later, none of the large investment banks predicted the last two equity bubbles, each saw a drop of greater than 50% for the S&P 500. NASDAQ -83% from 3/2000 thru 10/2002, and not back to even for over 16 years.
So tell me, why do you think they have any more predictive ability than Sven Henrich?
Why do you care what S.H. has to say? 1) He's not highly educated. 2) I can't find any evidence of great wealth. 3) S.H. doesn't have an important government job or an important job at a large commercial bank or an important job at a N.Y.S.E. investment bank. Might as well ask Bernie Madoff's grandkids their opinions on markets.
Igy sees a lot of himself in SH.
Sven is the Founder and CEO of NorthmanTrader, a daily newsletter that helps subscribers make sense of global financial markets. His estimated net worth based on his career and business is north of $10 million.
Sven Henrich was born and raised in Germany. He started his working life as a wireless phone engineer but quickly transitioned into finance after realizing his true passion lies in market analysis and trading. Sven's career in finance began on the floor of the Frankfurt Stock Exchange where he worked as a derivatives trader.
From there, Sven went on to work for some of the biggest names in finance, including Merrill Lynch and UBS. Sven is now a self-employed financial analyst, working primarily as a commentator and educator on global financial markets through NorthmanTrader, which is a business he founded.
Sven is the Founder and CEO of NorthmanTrader, a daily newsletter that helps subscribers make sense of global financial markets. His estimated net worth based on his career and business is north of $10 million.
Sven Henrich was born and raised in Germany. He started his working life as a wireless phone engineer but quickly transitioned into finance after realizing his true passion lies in market analysis and trading. Sven's career in finance began on the floor of the Frankfurt Stock Exchange where he worked as a derivatives trader.
From there, Sven went on to work for some of the biggest names in finance, including Merrill Lynch and UBS. Sven is now a self-employed financial analyst, working primarily as a commentator and educator on global financial markets through NorthmanTrader, which is a business he founded.
I was referring more to the fact that he is poorly informed and so often wrong.
Why do you care what S.H. has to say? 1) He's not highly educated. 2) I can't find any evidence of great wealth. 3) S.H. doesn't have an important government job or an important job at a large commercial bank or an important job at a N.Y.S.E. investment bank. Might as well ask Bernie Madoff's grandkids their opinions on markets.
On the contrary, in case you haven’t noticed, the Fed and large investment banks, collectively have been very wrong lately.
In the case of the former, thousands of Phd economists at the Fed have been complicit in the greatest financial fraud, as well as the fastest rise in inflation in history.
So tell me, why do most investors hang on their every word?
Now as to the later, none of the large investment banks predicted the last two equity bubbles, each saw a drop of greater than 50% for the S&P 500. NASDAQ -83% from 3/2000 thru 10/2002, and not back to even for over 16 years.
So tell me, why do you think they have any more predictive ability than Sven Henrich?
In regard to highly educated men and women working for U.S. federal government. Career government employees do not pass laws and have no ability to control a U.S. president. I believe career employees, those with master degree or PhD in economics and finance in U.S. government do an excellent job. Amazing with our huge national debt that interest on 10 year Treasury Notes and 30 year Treasury Bonds are stable. Amazing with our huge national debt that U.S. currency is stable.
I can't find evidence of S.H. and 10 million. If so, is it 10 million from trading? No.
In regard to who is more predictive, don't look for any saviors but I'll answer who is more predictive. He is so obvious, you most likely missed him. Paul Krugman, PhD. You may know S&P 500 traded sideways from circa 1968 to circa 1992. Sometime around 1989, P Krugman did research on S&P 500 and predicted what would occur regarding S&P 500 valuation from 1995 to 1999 nearly exactly. I talked to a UMN-TC economics professor in 1997 or 1998. He showed me his research, micro-cap & small cap stocks. Turned out his forecast was 100% correct. Seek info from those with PhD in finance or those with PhD in economics. Men and women are doing fascinating research.
Letsrun, why in the name of $#@* would you delete a post where I try to explain that I am not the "Skuja" who keeps posting here? I'm trying to clear up some confusion!!
(If you delete this too, I don't really care. I was just trying to help!)
Letsrun, why in the name of $#@* would you delete a post where I try to explain that I am not the "Skuja" who keeps posting here? I'm trying to clear up some confusion!!
(If you delete this too, I don't really care. I was just trying to help!)
On the contrary, in case you haven’t noticed, the Fed and large investment banks, collectively have been very wrong lately.
In the case of the former, thousands of Phd economists at the Fed have been complicit in the greatest financial fraud, as well as the fastest rise in inflation in history.
So tell me, why do most investors hang on their every word?
Now as to the later, none of the large investment banks predicted the last two equity bubbles, each saw a drop of greater than 50% for the S&P 500. NASDAQ -83% from 3/2000 thru 10/2002, and not back to even for over 16 years.
So tell me, why do you think they have any more predictive ability than Sven Henrich?
In regard to highly educated men and women working for U.S. federal government. Career government employees do not pass laws and have no ability to control a U.S. president. I believe career employees, those with master degree or PhD in economics and finance in U.S. government do an excellent job. Amazing with our huge national debt that interest on 10 year Treasury Notes and 30 year Treasury Bonds are stable. Amazing with our huge national debt that U.S. currency is stable.
I can't find evidence of S.H. and 10 million. If so, is it 10 million from trading? No.
In regard to who is more predictive, don't look for any saviors but I'll answer who is more predictive. He is so obvious, you most likely missed him. Paul Krugman, PhD. You may know S&P 500 traded sideways from circa 1968 to circa 1992. Sometime around 1989, P Krugman did research on S&P 500 and predicted what would occur regarding S&P 500 valuation from 1995 to 1999 nearly exactly. I talked to a UMN-TC economics professor in 1997 or 1998. He showed me his research, micro-cap & small cap stocks. Turned out his forecast was 100% correct. Seek info from those with PhD in finance or those with PhD in economics. Men and women are doing fascinating research.
The fantastic research of the Phd’s in economics largely created the monetary policy that grew the $9 Trillion Fed balance sheet, fastest growth of inflation ever, and largest gap in wealth of the top 10% versus the bottom 50%. None of that is fantastic in my book, in fact I find it disgusting. Fortunately, the investor class will bear the brunt of the now collapsing All Everything Bubble. Oh, and I have no love for Paul Krugman, he is part of the problem
Sven is the Founder and CEO of NorthmanTrader, a daily newsletter that helps subscribers make sense of global financial markets. His estimated net worth based on his career and business is north of $10 million.
Sven Henrich was born and raised in Germany. He started his working life as a wireless phone engineer but quickly transitioned into finance after realizing his true passion lies in market analysis and trading. Sven's career in finance began on the floor of the Frankfurt Stock Exchange where he worked as a derivatives trader.
From there, Sven went on to work for some of the biggest names in finance, including Merrill Lynch and UBS. Sven is now a self-employed financial analyst, working primarily as a commentator and educator on global financial markets through NorthmanTrader, which is a business he founded.
I was referring more to the fact that he is poorly informed and so often wrong.
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I'm guessing P. Krugman's NYT columns and P. Krugman's blog posts have discouraged you from reading P. Krugman's serious papers. He's a left leaning economist. If that bothers you, I understand I guess.
If you have over 1/4 million in bonds, cash, indices, mutual funds and stock you can transfer to a N.Y.S.E. firm you will be treated well. You do not need a Certified Financial Planner at a N.Y.S.E. firm. There is a PhD economist, a Chief Investment Strategist and numerous C.P.A.'s available to help financial advisors at N.Y.S.E. firms.
If you have a bit under 1/4 million, a Certified Financial Planner may be good for you. N.Y.S.E. firms tend to be too expensive for investors with less than 1/4 million. I hate to see people have to get advice from the fella who's opinion you like.
Why do you care what S.H. has to say? 1) He's not highly educated. 2) I can't find any evidence of great wealth. 3) S.H. doesn't have an important government job or an important job at a large commercial bank or an important job at a N.Y.S.E. investment bank. Might as well ask Bernie Madoff's grandkids their opinions on markets.
GoI is just calling attention to the fact that Sven doesn't understand the difference between stocks and flows. Which is only to be expected of one ( S.H. ) who doesn't understand the difference between repos and reverse repos.
I'm guessing P. Krugman's NYT columns and P. Krugman's blog posts have discouraged you from reading P. Krugman's serious papers. He's a left leaning economist. If that bothers you, I understand I guess.
If you have over 1/4 million in bonds, cash, indices, mutual funds and stock you can transfer to a N.Y.S.E. firm you will be treated well. You do not need a Certified Financial Planner at a N.Y.S.E. firm. There is a PhD economist, a Chief Investment Strategist and numerous C.P.A.'s available to help financial advisors at N.Y.S.E. firms.
If you have a bit under 1/4 million, a Certified Financial Planner may be good for you. N.Y.S.E. firms tend to be too expensive for investors with less than 1/4 million. I hate to see people have to get advice from the fella who's opinion you like.
I am a Certified Financial Planner, as well as CLU, Chfc, and 24 year career at Morgan Stanley, retired exactly two years ago. The NYSE clients in private wealth management, and at retail asset under management levels you mentioned are likely down on average 15-30% YTD. The people I happen to like will fair far better in this bear market, and will avoid all the carnage the clients at firms you admire experienced from 2000-2016.
Why do you care what S.H. has to say? 1) He's not highly educated. 2) I can't find any evidence of great wealth. 3) S.H. doesn't have an important government job or an important job at a large commercial bank or an important job at a N.Y.S.E. investment bank. Might as well ask Bernie Madoff's grandkids their opinions on markets.
GoI is just calling attention to the fact that Sven doesn't understand the difference between stocks and flows. Which is only to be expected of one ( S.H. ) who doesn't understand the difference between repos and reverse repos.
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