I have seen little real data and market action that says this is nothing more than a Bear Market Rally. Higher rates are very poor for Technology, and rates will likely stay higher for longer. So these moves up are very telling examples of speculation. And yet the Troll is calling for truth. :-)
Did you read this, Igy? It’s quite optimistic about Samsung. Even your boys at Morgan Stanley appear bullish on Samsung. And the graph headline reads, “Samsung Outperforms Kospi”. I guess that’s the truth.
I have seen little real data and market action that says this is nothing more than a Bear Market Rally. Higher rates are very poor for Technology, and rates will likely stay higher for longer. So these moves up are very telling examples of speculation. And yet the Troll is calling for truth. :-)
The S&P 500 is less than 8% from it's All Time High. And that is an ATH that was a decade in the making.
This has frankly been an unprecedented wealth building opportunity. Yet some have managed to be on the wrong side of it, unfortunately.
In the last decade millions saw appreciation in real estate, automobiles, crypto, art, NFTs, bonds, baseball cards…really almost any asset. All driven by liquidity, low interest rates, Government transfer payments, and Government stimulus. In some cases no thought at all required. Certainly the case with Justin Bieber’s “Bored Ape.” The question is how many have, or will ride the train back down hill? I know you don’t care.
Did you read this, Igy? It’s quite optimistic about Samsung. Even your boys at Morgan Stanley appear bullish on Samsung. And the graph headline reads, “Samsung Outperforms Kospi”. I guess that’s the truth.
since this doomster predicted a stock market downturn, the SP500 rose 7%. In just two months. Almost a year's return. And what gets my goat is his smug attitude... that has proven wrong. And yes commodities have rebounded since his post and the economy has either been stable or strengthened.
250k followers
Keith McCullough @KeithMcCullough COMMODITIES: just another Major Asset Class signaling a #Quad4 Recession in Demand Crashing -22.4% from its Cycle Peak... so you just have to crowd into 5 US #BubbleCaps, pray for "AI" and pretend The Cycle isn't happening
COMMODITIES: just another Major Asset Class signaling a #Quad4 Recession in Demand
Here's a bigtime macro guy, a year ago, laughing at the idea that we should not take too seriously the yield curve inversion, because obviously it was predicting a recession. Still waiting, Alf. And maybe take off that attitude next time?
Although to be fair he seems to be saying we'd have a recession in 2023 and the year is only half over. I'll revisit early 2024.
400,000 followers.
*WALLER PLAYS DOWN SIGNAL FROM RECENT INVERSION OF YIELD CURVE Of course. As they did in: - 1989 (recession in 1990) - 2000 (recession in 2001) - 2007 (recession in 2008) 2022: ''this time is different''
*WALLER PLAYS DOWN SIGNAL FROM RECENT INVERSION OF YIELD CURVE
Of course.
As they did in:
- 1989 (recession in 1990) - 2000 (recession in 2001) - 2007 (recession in 2008)
So now you’re back on the Michael Wilson train? Good luck with that.
”Morgan Stanley’s Michael Wilson, whose outlook for a market slump in 2023 has yet to materialize…”
We are to take as gospel one "expert" (out of 1000s and 1000s) who predicted a stock market plunge in 2023? Just like Grantham predicted a 85% chance of a stock market crash in 2023? Come on Igy. And when their predictions never materialize they will retreat until they make another doom and gloom prediction next year. No one will remember (especially Igy) their failed prediction for 2023. These "experts" are laughable. Every year they predict a stock market which never happens. The NASDAQ was at 1900 14 years ago and is at 13,600 now. Did any of these Permabear "experts" predict that would happen?
So now you’re back on the Michael Wilson train? Good luck with that.
”Morgan Stanley’s Michael Wilson, whose outlook for a market slump in 2023 has yet to materialize…”
We are to take as gospel one "expert" (out of 1000s and 1000s) who predicted a stock market plunge in 2023? Just like Grantham predicted a 85% chance of a stock market crash in 2023? Come on Igy. And when their predictions never materialize they will retreat until they make another doom and gloom prediction next year. No one will remember (especially Igy) their failed prediction for 2023. These "experts" are laughable. Every year they predict a stock market which never happens. The NASDAQ was at 1900 14 years ago and is at 13,600 now. Did any of these Permabear "experts" predict that would happen?
The Dow was at 7,000 14 years ago and is now at almost 34,000. Did any predict that?
So now you’re back on the Michael Wilson train? Good luck with that.
”Morgan Stanley’s Michael Wilson, whose outlook for a market slump in 2023 has yet to materialize…”
We are to take as gospel one "expert" (out of 1000s and 1000s) who predicted a stock market plunge in 2023? Just like Grantham predicted a 85% chance of a stock market crash in 2023? Come on Igy. And when their predictions never materialize they will retreat until they make another doom and gloom prediction next year. No one will remember (especially Igy) their failed prediction for 2023. These "experts" are laughable. Every year they predict a stock market which never happens. The NASDAQ was at 1900 14 years ago and is at 13,600 now. Did any of these Permabear "experts" predict that would happen?
Very important research:
Despite the fact that the combined market capitalization of the top 10 companies in the S&P 500 constitutes an unprecedented 31.7% of the index, their earnings contribution has been drastically declining and now stands at only 21.5%.
the economy keeps ratcheting up. This year's rise in the market foresaw this.
GDP Now:
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2023 is 2.3 percent on July 10, up from 2.1 percent on July 6. After recent releases from the US Bureau of Economic Analysis, the US Bureau of Labor Statistics, and the US Census Bureau, the nowcast of second-quarter real gross private domestic investment growth increased from 9.6 percent to 10.5 percent.
'Watch for moments when people are so optimistic they think things can only get better, usually expressed in the dangerous view that "there's no price too high". Likewise, recognise when people are so depressed they conclude things can only get worse.' https://t.co/o3mB5x1Dug
We are to take as gospel one "expert" (out of 1000s and 1000s) who predicted a stock market plunge in 2023? Just like Grantham predicted a 85% chance of a stock market crash in 2023? Come on Igy. And when their predictions never materialize they will retreat until they make another doom and gloom prediction next year. No one will remember (especially Igy) their failed prediction for 2023. These "experts" are laughable. Every year they predict a stock market which never happens. The NASDAQ was at 1900 14 years ago and is at 13,600 now. Did any of these Permabear "experts" predict that would happen?
The Dow was at 7,000 14 years ago and is now at almost 34,000. Did any predict that?
Important question is where will it be at the end of this year. In one year, 2 years, 5 years
Why does anyone give a rat’s ass about the weighting of an index? How does that affect the share price of a stock I invest in?
I suppose one could believe that an index does not affect an individual stock, but conversely the sponsors of NASDAQ 100 believe the weighting of seven tech stocks have undue influence on that index.
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