Down goes the Dow

Well, there WAS a “Mr. Drucker” on Green Acres. I think he was the shopkeeper

The business of financial advising is not the realm of the skeptic. The industry controls the message, because frankly profit is tied to the S&P 500 performance, critical thinking be damned. Then there is any negative is perceived as a critique on the Biden Administration economic policies. They share the blame for this mess with past Administrations, but the paper overing of economic weakness and clear paying for votes is beyond anything I have ever seen.

Thanks.

He was on Petticoat Junction as well in the same role. Both shows were set in Hooterville. There was also a connection to Beverly Hillbillies.

This got me thinking, in all the characters of those 60's and 70's sitcoms, which one would have been most likely to be the hot stock picker?

I have one shoe-in in mind, but wouldn't mind hearing some other ideas first.

Who would your pick for the hot stock picker from amongst the cast of characters in 60's and 70's sitcoms?

Anyone?

Not really a sitcom, but I nominate Yogi. He’s smarter than the average bear.

Arnold Ziffel, the pig on Green Acres. He also appeared on Petticoat Junction.

Jethroe Bodine was pretty sharp.

I don't think today you could have a town called Hooterville.

I don’t know about stock picker, but Mr. Haney would be the best promoter. Have I got a deal for you!

Oh, and lol the government boob Mr. Kimball, LMAO

Al hilarious was that Sgt. Schultz was actually a rich toy magnate.

Here’s a question: which characters would correspond to our regular dgtd cast?

Igy = Mr. Ziffel !! LMAO

Agip = Lance White (Rockford Files). Lololol!

I would add Gomez Addams (John Astin), he even had stock ticker in his living room.

Mary Ann from Gilligan's island is always the best answer to most questions.

but

My official respectable answer is Howard Cunningham from Happy Days. Solid, steady investor is my read on him.

If we go into the 80s then Alex Keaton on Family Ties.

Pretty wild that in the context of Igy's world, 'critical thinking' means 'don't try to make money betting with the markets.'

"Critical thinking' should mean 'serve the clients wisely.' Which recommenders of the broad market indices have done for their clients over the past 16 years. "Critical thinking' should not keep you out of one of the strongest bull markets in our lifetimes. SP500 +14.4% per year for 15 years.

A year ago, predicting recession just before an economic surge.

jeroen blokland
@jsblokland
The US #yieldcurve is likely the most reliable #recession indicator out there.
Short-term #yields are driven by the #FederalReserve while longer-term yields are driven by growth and #inflation expectations.
The 10-year - 3-month yield curve is now 184 basis points inverted. We must return to the early 1980s for a more negative yield curve.
The US yield curve is screaming recession!

2:00 PM · May 8, 2023
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21.4K
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Early Feb 2024. Markets up 3% since this apology. I'll give them credit.

Barchart
@Barchart
BREAKING 🚨: JP Morgan Strategist Marko Kolanovic
JP Morgan's Trading Desk apologized for listening to the firm's lead strategist Marko Kolanovic and says they are now bullish

1:27 PM · Feb 7, 2024
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90.2K
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Not sure I accept the validity of this stat...but good move asset managers! Markets surged 3% since this tweet. Consensus was correct.

HZ
@MFHoz
Everyone is bullish on this market.
Never before have asset managers been so heavily invested in the market.

8:21 AM · Feb 9, 2024
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50.7K
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Howard was usually very solid and steady, but I remember the time he urged his family to remain calm and be very orderly - I don't remember the exact circumstances - and he comes barrelling down the stairs screaming "Fire!!!"

that's exactly how I behave so I am sticking with Howard.

"Everyone is bullish on this market" ... EXCEPT IGY!!!

Asset inflation, the direct result of zirp and out-of-control parabolic govt spending.

It HAS been a wild ride, and everyone is now wondering for how long it can continue. I would like 14% for each of the next 5 years, holding nothing other than VOO, and doing nothing.

Yields creeping back up. My Au looks to have a new floor of 2300, but we’ll see. At least this rise has covered more than my vault fees. I wish I had more, and may be a buyer soon.

Among my crowd, there are more like me, waiting for a drawdown to dip back in. No need to be in now, and feel any additional stress as a result. I even know some people who have sold BRK-A, instead of taking loans against it, to cover living expenses.