A big day for the markets and not a peep from mellon or any of the bulls. Could Igy have been wrong about them?
A big day for the markets and not a peep from mellon or any of the bulls. Could Igy have been wrong about them?
Gruntz wrote:
A big day for the markets and not a peep from mellon or any of the bulls. Could Igy have been wrong about them?
Curious minds want to know.
“The elites have gone too far. The costs of the 2008 financial crash have been met by ordinary people, not the greedy bankers & financial spivs who caused it. The people have had enough of austerity & falling/stagnant wages. What’s happening in #France now is only the start.”
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9:06 AM - Dec 3, 2018
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I don’t know who (IGuess You) wrote that post, but it’s totally racist.
If there’s another good day tomorrow, this could really gain some momentum especially with markets closed midweek.
Wow, Igy, you’re getting really desperate for some bad news. Australia? Hahahahahahahaha
Gruntz wrote:
A big day for the markets and not a peep from mellon or any of the bulls. Could Igy have been wrong about them?
I'm trying not to be an jerk here at times like this.
agip wrote:
Gruntz wrote:
A big day for the markets and not a peep from mellon or any of the bulls. Could Igy have been wrong about them?
I'm trying not to be an jerk here at times like this.
Please keep trying, agip. Like it or not, you are the conscience of this thread. For that, I thank you.
J. Hardy wrote:
agip wrote:
I'm trying not to be an jerk here at times like this.
Please keep trying, agip. Like it or not, you are the conscience of this thread. For that, I thank you.
Danke.
Meanwhile, the 2/10 yield curve is barely non-inverted. Just keeps getting tighter.
the catch with the 'inversion = recession' is that the recession can take 2 yrs to get here so it's a terrible timing tool.
https://fred.stlouisfed.org/series/T10Y2Yhttps://mobile.twitter.com/lisaabramowicz1/status/1069939676834881536agip wrote:
Gruntz wrote:
A big day for the markets and not a peep from mellon or any of the bulls. Could Igy have been wrong about them?
I'm trying not to be an jerk here at times like this.
Ghost of Igloi wrote:
https://mobile.twitter.com/lisaabramowicz1/status/1069939676834881536agip wrote:
I'm trying not to be an jerk here at times like this.
Yeah - the awful part is that no doubt Trump thought that the stock market would love his trade war. Then he had a rude awakening. Trump really thinks his bad policy will be loved and cherished...that's one of the scary parts with a president totally divorced from reality. He doesn't know any history so he doesn't know the effects of bad DC policy.
J. Hardy wrote:
agip wrote:
I'm trying not to be an jerk here at times like this.
Please keep trying, agip. Like it or not, you are the conscience of this thread. For that, I thank you.
agip is a good person, but sorry, a Bullish view on the market does not carry any greater weight in the conscience of man, or this thread.
Ghost of Igloi wrote:
J. Hardy wrote:
Please keep trying, agip. Like it or not, you are the conscience of this thread. For that, I thank you.
agip is a good person, but sorry, a Bullish view on the market does not carry any greater weight in the conscience of man, or this thread.
I think his point was that you recently called out mellon for only posting when the markets are up. Anyway that’s what I took away from it.
agip wrote:
J. Hardy wrote:
Please keep trying, agip. Like it or not, you are the conscience of this thread. For that, I thank you.
Danke.
Meanwhile, the 2/10 yield curve is barely non-inverted. Just keeps getting tighter.
the catch with the 'inversion = recession' is that the recession can take 2 yrs to get here so it's a terrible timing tool.
https://fred.stlouisfed.org/series/T10Y2Y
Saw yesterday the 3-5 is inverted now but yeah the 2-10 inversion is like the most leading of all indicators so I agree, bad timing tool. Pretty good rally yesterday and we're on like 7 green days in a row. Pretty sure 2018 will close out strong but a Mueller surprise might hurt
Actually, if Mueller drops a bomb this week I'm not sure if the markets will react negatively or positively. I can see it going either way as a "ding dong the witch is dead (no more of this tariff talk )" or "oh sh!t the president might actually get impeached"
Two of eight indexes on our world watch list have posted gains through Monday, December 3, 2018. The top performer this year is India's BSE SENSEX with a gain of 7.18%. In second is our own S&P 500 with a gain of 4.37%. In third is Tokyo's Nikkei 225 with a loss of 0.84%. Coming in last is Shanghai's SSE with a loss of 19.73%.
Not my reaI name wrote:
Ghost of Igloi wrote:
agip is a good person, but sorry, a Bullish view on the market does not carry any greater weight in the conscience of man, or this thread.
I think his point was that you recently called out mellon for only posting when the markets are up. Anyway that’s what I took away from it.
that wasn't my point, not exactly.
Just seems to me being triumphalist in a debate/disagreement situation is just a$$holery. I'm not accusing anyone of that - just explaining my post.
And anyway, he who is right about the market this week will be wrong about the market next week.