Add “face the fax” to the list.
Add “face the fax” to the list.
Yes. We all know you are a troll.
Racket wrote:
Least exciting market correction ever. I was hoping for a huge crash today but the inflation numbers weren't quite severe enough. Looks like it'll be another year or two until we get a proper economic collapse
Oh no. It'll before way before that.
The Dow down 1500 pts at one point and then down over 1,000 a couple of days later.
That kind of downward volatility always means a crash is coming.
Wowie wrote:
Racket wrote:
Least exciting market correction ever. I was hoping for a huge crash today but the inflation numbers weren't quite severe enough. Looks like it'll be another year or two until we get a proper economic collapse
Oh no. It'll before way before that.
The Dow down 1500 pts at one point and then down over 1,000 a couple of days later.
That kind of downward volatility always means a crash is coming.
Points are irrelevant.
No conspiracy, just a widespread understanding. And I’m talking about the reported numbers.
Like the reported CPI up 0.5% in January alone. Like the worst year’s start the dollar has ever had. Like the 10-yr at 2.91%. Like Q4 GDP growth revised down to 0.8%.. Like DXY down to 88.62. Like Brent crude at 64.53. And the deficit. And unfunded liabilities. Etc
Things are heading south, now. And those are the fudged numbers. Like someone else said the raw DOW number is meaningless. Look at the damn dollar index!
Since the current bull market began in March of 2009, Mr. Hussman has repeatedly called for a titanic decline in the S&P 500, but, in a twist of irony, it has been his own fund, Hussman Strategic Growth (HSGFX), that has suffered a disastrous bear market all its own with a peak-to-trough decline of almost 50%.
http://www.fortunefinancialadvisors.com/blog/of-pessimism-and-pride
Ghost of Igloi wrote:
http://www.multpl.com/shiller-pe/
Not a predictor of future performance.
Keep praying it doesn’t matter.....
agip wrote:
So we're up 8% from the bottom, just like that.
Still down 5% from the top.
That was nuts! I think the VIX was being manipulated - let's hope for jailtime.
So we got surging corporate profits, low interest rates, decent valuations, a global economic surge...and horrible politics.
I'll take that bet. Although I'm moving money to emerging markets pretty quickly.
I have been, too. And so have a lot of others, apparently.
Igy, you might as well post this nonsense on your gravestone. You'll still be waiting long after the game is up.
Ghost of Igloi wrote:
https://www.zerohedge.com/news/2018-02-15/i-think-markets-nuts-toogood-sees-shades-2007-2008-because-everybody-already
Surprised that Igy has fallen for Russian fake news.
https://www.accredited-times.com/2017/10/09/zero-hedges-tyler-durden-outed-russian-agent/seattle prattle wrote:
Igy, you might as well post this nonsense on your gravestone. You'll still be waiting long after the game is up.
Seattle,
OK, I’ll keep your advice in mind, for a later date of course.
Igy
Gruntz wrote:
Ghost of Igloi wrote:
https://www.zerohedge.com/news/2018-02-15/i-think-markets-nuts-toogood-sees-shades-2007-2008-because-everybody-alreadySurprised that Igy has fallen for Russian fake news.
https://www.accredited-times.com/2017/10/09/zero-hedges-tyler-durden-outed-russian-agent/
The video is from CNBC, of course more Russian fake news.
Video? What video?
Source of the article Gruntings....clearly posted Gruntings.....
GoI ;I've been meaning to get back to you on this from 2 weeks ago . You stated you were moving some of you're equity exposure to AUEIX , caught Mike Wilson last Thursday on Bloomberg Surveillance and this seems to jive with his recommendation to underweight Tech and increase exposure to defensive sectors , esp Utilities . https://www.bloomberg.com/news/videos/2018-02-08/bloomberg-surveillance-full-show-2-08-18-video ( at 1:40 ) Does look like bottom is forming in XLU . https://www.barchart.com/etfs-funds/quotes/XLU/technical-chart?plot=BAR&volume=total&data=DO&density=X&pricesOn=1&asPctChange=0&logscale=0&indicators=SMA(200);MACD(12,26,9)&sym=XLU&grid=1&height=500&studyheight=200&overlay1=IEF&axis1&axis2=false&axis3=false&isComparison=1 ( Comparison is to IEF iShares 7-10 US Treasury ) . So , was this on your initiative or MS's .
muy loco,
Mike Wilson timed his call correctly on XLU. Mike does good work. Our fixed income folks have always been pretty good on their calls, and they are looking for a year end 10 Year at 1.95%. So that supports the call.
In regards to AUEIX we have used the AQR institutional shares class in our models. My business partner, similar to yourself really enjoys the risk adjusted return analysis. The notion to flip exposure was my idea. The genesis of concentrated positions in some of the most over owned securities in funds GFFFX and MADVX. I did not want to get out of domestic equities but try not to replicate or over weight index security percentages. So about mid-January I asked my partner what fund would meet that general profile. It did not take much convincing it was the one I felt most comfortable with.
Thanks for noticing.
Igy