MarketWatching
"There has been tempting of the risk appetite of Muppets by high frequency traders that has driven some strong moves on equities in recent days," said Igy, in a note Thursday. "Market sentiment is looking delusional" and that's pointing toward "a corrective move on the dollar and future losses on oil," he noted.
Summary: "I have no idea what will happen to DB."
Summary: "I suck even at insults."
Maserati wrote:
The bottom line is that the a-hole troll adds nothing of any real value to this thread, and even sucks at agitating and insulting.
I'm not sure if I've done any intentional insulting. Perhaps.
As for agitating, I'll let your recent posts serve as evidence of my success in that particular area. :-)
For the record, this is my first post of the day. As a great man once said, "wejo, check my IP address and if I'm lying ban me for life!"
K5 detector wrote:
Hi, K5! I know you missed most of the bull market. Have you figured out yet how much $$ you missed out on?
Sorry. Did I hurt your feelings traitor?
K5 detector wrote:
Hi, K5! I know you missed most of the bull market. Have you figured out yet how much $$ you missed out on?
You really pounced on me there. Are there tigers on your underpants?
Some news on your beloved "Light Unto Nations".
Veteran Israeli military affairs commentator Roni Daniel, according to Reuters, interrupted his most recent broadcast to deliver a monologue saying, “I'm alarmed by what's happening in Israel ... I think my children should leave.â€
Palestinians and many politicians in Israel are also highly concerned with Prime Minister Benjamin Netanyahu's sharp turn to a far-righ facism after new appointments to his cabinet and the belligerancy it represents.
Former Prime Minister Ehud Barak warned of "the seeds of fascism". Moshe Arens, who served as defense minister three times, sees it as a turning point in Israeli politics and expects it to cause a "political earthquake.â€
The past five days have produced tumult in Israeli politics, since conservative Prime Minister Benjamin Netanyahu unexpectedly turned his back on a deal to bring the center-left into his coalition and instead joined hands with far-right nationalist Avigdor Lieberman, one of his most virulent critics.
Go elsewhere for politics...not interested....
Ghost of Igloi wrote:
Go elsewhere for politics...not interested....
Too bad. You should be. It's your tax dollars at work.
Today's econ:
durable goods: mixed bag as usual. core y/y still bad: minus 5.0%, but m/m things are looking better: +3.4%
jobless claims 4 wk average continues to climb but in still in a range
consumer comfort index continues to trend lower
pending home sales through the roof. get it? But seriously - housing news has been very very strong lately. Buy Home Depot stock. pending sales very strong and among highest they have been in 4 plus years.
so it sounds like labor markets are cooling a bit but housing is accelerating.
You guys are hilarious.
Once again I could post "news" that would decimate anything seemingly rosy that agip is posting regarding econ.
And lol at you guys who think you can get on the RE ride by buying into HD or a REIT, that's not how it works. First of all the market is very disparate and fractionated, to make decent money you have to be able to pick your market, and even pick your properties, and you have to be quick about things.
Buy into those things for other reasons, NOT because "the housing market" is currently reported to be hot, by one measure.
Lastly, you will recall that I have already said that I am participating intimately in the RE market, among other things. Just wanted to point it out to the tools and douchebags who come here and try to crap on the idea that markets can in any way, and on any timeframe, be predicted. You are either stupid, lazy, inflexible, or some combination thereof.
Here's another thing that I will get into soon: farmland. I have been waiting for over 6 years now, and the time is coming. Prices are properly down in particular areas, roughly tracking commodity prices. There are some decent deals to be had, depending on what one intends to do, and one's timeframe. For me it would be a buy-and-hold for a minimum of 10 years, unless something spectacularly good happened to the land value in the interim.
Also the advance of particular RE properties is good for my personal lending, as the quality of the pledged security increases.
For those essentially passively investing, enjoy your casino.
My view is real estate faces the same dynamic as other asset classes, supported by low interest rates.
Your just jealous of Maserati's successes.
Maserati wrote:
You guys are hilarious.
Once again I could post "news" that would decimate anything seemingly rosy that agip is posting regarding econ.
And lol at you guys who think you can get on the RE ride by buying into HD or a REIT, that's not how it works. First of all the market is very disparate and fractionated, to make decent money you have to be able to pick your market, and even pick your properties, and you have to be quick about things.
Buy into those things for other reasons, NOT because "the housing market" is currently reported to be hot, by one measure.
Lastly, you will recall that I have already said that I am participating intimately in the RE market, among other things. Just wanted to point it out to the tools and douchebags who come here and try to crap on the idea that markets can in any way, and on any timeframe, be predicted. You are either stupid, lazy, inflexible, or some combination thereof.
Here's another thing that I will get into soon: farmland. I have been waiting for over 6 years now, and the time is coming. Prices are properly down in particular areas, roughly tracking commodity prices. There are some decent deals to be had, depending on what one intends to do, and one's timeframe. For me it would be a buy-and-hold for a minimum of 10 years, unless something spectacularly good happened to the land value in the interim.
Also the advance of particular RE properties is good for my personal lending, as the quality of the pledged security increases.
For those essentially passively investing, enjoy your casino.
so let me get this straight
Investors in the vanguard reit index VGSIX have made 10.77% per year on average each year for the last 20 years. Without lifting a finger. These investors went on earning their normal incomes working. Passively making 10.77% per year.
Or you can take the magic maserati pixie dust and spend a lot of time and effort doing some sort of real estate deals and - we'll take his word for it - make some amount more.
But but Maserati's word, passive investing is a casino.
Well I don't get it but maybe someone else does.
On REITs:
REITs as bond proxies will have a tough period going forward. One only has to look at master limited partnerships (AMLP-down 32% 1 year %) for a taste of what can happen when the dynamics change. In Boise there is quite a bit of commercial construction, underneath the surface the movement inter-town, and not demand driven. The dynamics of REITs are that the entities have to put the fund flows to work. That is, demand for office/retail space is not driving construction, it is fund flows into the asset class. So, what happens when the chain of fund flows is broken?
Don't you just love my optimistic views?
Or are they realistic views?
Igy
Now the great agip is trying to tell Maserati how to invest. You guys are so effin stupid it's sad.
So glad we are blessed with your wisdom....
On stock buybacks and the markets....
GDP 1Q revision due tomorrow - the first view was very low, as all first quarters have been lately.
Y/y GDP increase hasn't been terrible - back and forth between 2 and 3%.
agip,
I had my best AlterG workout so far yesterday. Still have a hitch in my giddy-up, but improving. I may try something a little more intense Monday with the day off.
Igy