Just yesterday he promised a recession within the next 6 months. When that doesn't happen he will come back early next year and again promising "a recession in the next 6 months." He may be wrong a lot but at least he is consistent.
Rosenberg has seen a lot more than anyone here, and rather balanced. Plus he’s Canadian. If we do get a hard landing the door is back open for 3,000, likely spring/summer 2024.
Oh okay! You predicted 3,000 year end but since that is obviously not happening let's push back the 3,000 to next spring or summer. And next spring or next summer when the 3,000 ain't happening lets push it back to year-end 2024. And when THAT doesn't happen let's push the 3,000 back to spring/summer 2025. Just never ends with you guys. Your predictions never come to fruition so you make another promise what will happen in the next future. Kind of laughable. The boy who cried wolf. That is it ... the boy who cried wolf. That is the Permabears in a nutshell.
Are you serious? I retired at age 56. I have NO debt. I own my house outright. I have a LOT of money invested (I mean a stupid lot). The way I invest is WAY more conservative and proven than what you do, not to mention my 3 YEARS of expenses in liquid reserves. There is no hoping at all. The hay is in the barn. I have way more than I need or even planned to have.
Plus his professor wife, the Mrs. Flagpole, is still working and adding to the Flagpole investment account. Things are good in Flagpoleville.
I think he's pretty happy though (other than his love life failures). His net worth is $140 million, and he hasn't been at Apple since 1985 having working primarily on things that benefit society and the world since then.
I'm not sure what enough money is, but you can just everything you want to do short of taking over the world with $140 million.
You could not even buy Kevin Costner's $165 million house. But I would be okay with $140 million.
Would be majorly foolish to spend that kind of money on a house...and completely not necessary at all.
Are you serious? I retired at age 56. I have NO debt. I own my house outright. I have a LOT of money invested (I mean a stupid lot). The way I invest is WAY more conservative and proven than what you do, not to mention my 3 YEARS of expenses in liquid reserves. There is no hoping at all. The hay is in the barn. I have way more than I need or even planned to have.
Plus his professor wife, the Mrs. Flagpole, is still working and adding to the Flagpole investment account. Things are good in Flagpoleville.
That is true, and she's planning now on 4 more school years. She's working because she wants to. We don't need the income. She was a stay-at-home-mom for 15 years and enjoys being back working (now for 14 years which seems crazy to me). Plus, she's a science person, so she gets her science fill with all her fellow professors. As much as I know about EVERYTHING, I'm not on her level when it comes to Chemistry and other hard sciences. I recognize where I have weaknesses which is one of the great things about me. My mother says I'm special. She's right.
Rosenberg has seen a lot more than anyone here, and rather balanced. Plus he’s Canadian. If we do get a hard landing the door is back open for 3,000, likely spring/summer 2024.
Oh okay! You predicted 3,000 year end but since that is obviously not happening let's push back the 3,000 to next spring or summer. And next spring or next summer when the 3,000 ain't happening lets push it back to year-end 2024. And when THAT doesn't happen let's push the 3,000 back to spring/summer 2025. Just never ends with you guys. Your predictions never come to fruition so you make another promise what will happen in the next future. Kind of laughable. The boy who cried wolf. That is it ... the boy who cried wolf. That is the Permabears in a nutshell.
The difference though is that the boy who cried wolf was lying (meaning he knew it wasn't true)...until that backfired on him. Igy actually believes the nonsense he's spewing, so at least he's not lying when he says these constantly permabear things.
Rosenberg has seen a lot more than anyone here, and rather balanced. Plus he’s Canadian. If we do get a hard landing the door is back open for 3,000, likely spring/summer 2024.
Oh okay! You predicted 3,000 year end but since that is obviously not happening let's push back the 3,000 to next spring or summer. And next spring or next summer when the 3,000 ain't happening lets push it back to year-end 2024. And when THAT doesn't happen let's push the 3,000 back to spring/summer 2025. Just never ends with you guys. Your predictions never come to fruition so you make another promise what will happen in the next future. Kind of laughable. The boy who cried wolf. That is it ... the boy who cried wolf. That is the Permabears in a nutshell.
Under a hard landing scenario the 10 Year Treasury goes up in value as flows go out of stocks, T-Bills lose value in anticipation of rate cuts. You need to understand during the last two serious bear markets stocks did not bottom well into the Fed rate cutting process. A reasonable person would give this at least a 30% chance of occurring.
Oh okay! You predicted 3,000 year end but since that is obviously not happening let's push back the 3,000 to next spring or summer. And next spring or next summer when the 3,000 ain't happening lets push it back to year-end 2024. And when THAT doesn't happen let's push the 3,000 back to spring/summer 2025. Just never ends with you guys. Your predictions never come to fruition so you make another promise what will happen in the next future. Kind of laughable. The boy who cried wolf. That is it ... the boy who cried wolf. That is the Permabears in a nutshell.
Under a hard landing scenario the 10 Year Treasury goes up in value as flows go out of stocks, T-Bills lose value in anticipation of rate cuts. You need to understand during the last two serious bear markets stocks did not bottom well into the Fed rate cutting process. A reasonable person would give this at least a 30% chance of occurring.
T-bills would lose value? I doubt it.
In a hard landing scenario money would flood into short term bonds as a safe haven and because rates would be cut, boosting the value of these 5% bills we can get now.
Oh okay! You predicted 3,000 year end but since that is obviously not happening let's push back the 3,000 to next spring or summer. And next spring or next summer when the 3,000 ain't happening lets push it back to year-end 2024. And when THAT doesn't happen let's push the 3,000 back to spring/summer 2025. Just never ends with you guys. Your predictions never come to fruition so you make another promise what will happen in the next future. Kind of laughable. The boy who cried wolf. That is it ... the boy who cried wolf. That is the Permabears in a nutshell.
The difference though is that the boy who cried wolf was lying (meaning he knew it wasn't true)...until that backfired on him. Igy actually believes the nonsense he's spewing, so at least he's not lying when he says these constantly permabear things.
Well, I will say I have more thoughtful posts. Yours are rather common perma-bull oriented, and untethered to actual data. Likely clouded by your ego. Years ago you said if you ever got back to even you would rebalance, and what did you do? Nothing.
Under a hard landing scenario the 10 Year Treasury goes up in value as flows go out of stocks, T-Bills lose value in anticipation of rate cuts. You need to understand during the last two serious bear markets stocks did not bottom well into the Fed rate cutting process. A reasonable person would give this at least a 30% chance of occurring.
T-bills would lose value? I doubt it.
In a hard landing scenario money would flood into short term bonds as a safe haven and because rates would be cut, boosting the value of these 5% bills we can get now.
Perhaps initially, but the Fed it cutting rates, influencing the short end. Ten Year rises and hold value, as odds increase things get worse.
The difference though is that the boy who cried wolf was lying (meaning he knew it wasn't true)...until that backfired on him. Igy actually believes the nonsense he's spewing, so at least he's not lying when he says these constantly permabear things.
Well, I will say I have more thoughtful posts. Yours are rather common perma-bull oriented, and untethered to actual data. Likely clouded by your ego. Years ago you said if you ever got back to even you would rebalance, and what did you do? Nothing.
BS. Your posts are steeped in nonsense, and you are the most proven wrong regular poster here. You have the idea that there is intellectual power or knowledge beyond basic understanding of investing that is required. There isn't. I'm also not a perma-bull. I know exactly what to expect...27% of calendar years are down years, 73% of calendar years are up years historically, and NO ONE can tell you with any degree of certainty what the current or upcoming year will be. How is it that you don't understand that yet? I am neither bullish nor bearish either wholly or sporadically. So, the way you deal with that uncertainty is that you invest money today that you don't need so that when you no longer have an income, you will have money then. You don't get worried or excited about wild swings in the market.
I have never said I needed to rebalance ever. The only thing I have ever done after my first 10 years of investing is to add more and more funds in more and more sectors of the market to be more and more diversified. AND, I NEVER do nothing. I continually invest...a truckload, unfaltering, like clockwork. That will continue until The Lovely Mrs. Flagpole retires.
“BS. Your posts are steeped in nonsense, and you are the most proven wrong regular poster here. You have the idea that there is intellectual power or knowledge beyond basic understanding of investing that is required. There isn't. I'm also not a perma-bull. I know exactly what to expect.”
News out today about the new iPhones and it sounds exciting. It is the iPhone 15, with four different models, starting at $799. Improvements are impressive, and "Apple iPhone 15 Pro Price Increases Warranted, Goldman Sachs Says", as per Investor's Business Daily.
Look for faster processors, more memory, and increased power efficiency. I also heard elsewhere that new phones will be capable of USB-C charging.
Sept. 12 is the date set for a media event to announce the release.
News out today about the new iPhones and it sounds exciting. It is the iPhone 15, with four different models, starting at $799. Improvements are impressive, and "Apple iPhone 15 Pro Price Increases Warranted, Goldman Sachs Says", as per Investor's Business Daily.
Look for faster processors, more memory, and increased power efficiency. I also heard elsewhere that new phones will be capable of USB-C charging.
Sept. 12 is the date set for a media event to announce the release.
Yippee! the new iphone will have improvements of 0.002% faster processors, 0.00053% more memory and 0.00023% increased power efficiency. You won't find me standing in line for that. The new iphone is pretty much the same as the previous version which was the same as the previous version which was ....
News out today about the new iPhones and it sounds exciting. It is the iPhone 15, with four different models, starting at $799. Improvements are impressive, and "Apple iPhone 15 Pro Price Increases Warranted, Goldman Sachs Says", as per Investor's Business Daily.
Look for faster processors, more memory, and increased power efficiency. I also heard elsewhere that new phones will be capable of USB-C charging.
Sept. 12 is the date set for a media event to announce the release.
Yippee! the new iphone will have improvements of 0.002% faster processors, 0.00053% more memory and 0.00023% increased power efficiency. You won't find me standing in line for that. The new iphone is pretty much the same as the previous version which was the same as the previous version which was ....
After purchasing their drugs, the criminals on Cops will be waiting in line. High of course, and selfies fully engaged. Meanwhile those with student loan restarting will pass. Stock down 10%. :-)
“BS. Your posts are steeped in nonsense, and you are the most proven wrong regular poster here. You have the idea that there is intellectual power or knowledge beyond basic understanding of investing that is required. There isn't. I'm also not a perma-bull. I know exactly what to expect.”
:-)
You are so disingenuous. You CONVENIENTLY left out what it is I expect. I'll add it to erase your bogus spin.
"...27% of calendar years are down years, 73% of calendar years are up years historically, and NO ONE can tell you with any degree of certainty what the current or upcoming year will be."
“BS. Your posts are steeped in nonsense, and you are the most proven wrong regular poster here. You have the idea that there is intellectual power or knowledge beyond basic understanding of investing that is required. There isn't. I'm also not a perma-bull. I know exactly what to expect.”
:-)
You are so disingenuous. You CONVENIENTLY left out what it is I expect. I'll add it to erase your bogus spin.
"...27% of calendar years are down years, 73% of calendar years are up years historically, and NO ONE can tell you with any degree of certainty what the current or upcoming year will be."
But you exclude all the factors that skew the statistics. That is the real sin, and bogus spin. And so ill informed. Extreme valuations require Flagpoles.
Earnings Scorecard: For Q2 2023 (with over 99% of S&P 500 companies reporting actual results), 79% of S&P 500 companies have reported a positive EPS surprise and 64% of S&P 500 companies have reported a positive revenue surprise.
You are so disingenuous. You CONVENIENTLY left out what it is I expect. I'll add it to erase your bogus spin.
"...27% of calendar years are down years, 73% of calendar years are up years historically, and NO ONE can tell you with any degree of certainty what the current or upcoming year will be."
But you exclude all the factors that skew the statistics. That is the real sin, and bogus spin. And so ill informed. Extreme valuations require Flagpoles.
Have a good Labor Day.
Dude, you are SOOOOO wrong. I GUARANTEE you that I have made more money in the stock market than you have...absolutely for sure, and if I were to guess how much more, I would say it is at least 10 times more...well, to be fair, my value is at least 10 times more (and based on the way you fret over the market all the time, it's probably MUCH more than that)...I for sure invested more money than you too since you're such a permabear. You chase tops and bottoms and make declarations about the market here that almost NEVER come true. Your problem is that you THINK you know stuff. You don't know sh!t.