Ghost of Igloi wrote:
Coming in first used car price index.😹
https://twitter.com/lisaabramowicz1/status/1446131839345651718
Ghost of Igloi wrote:
Coming in first used car price index.😹
https://twitter.com/lisaabramowicz1/status/1446131839345651718
the idiot from a different IP wrote:
Probably nobody is interested, but I thought I would take a look back at the SPX projections I made back in March 2018 (and which racket at least roundly criticized for being too wide to be of any value, which is no doubt true), first a long look over time from 1949 onward, then zoomed in from 2014 onward:
https://ibb.co/NtCtT3Hhttps://ibb.co/BBKq68gMy expectation is that there is a needed unwinding of the crazy recent growth, and I won't be surprised to (still, as per my last share of these charts in January) close to 3400-3500 by the end of the year. Of course, anything can happen, but it looks to me like we could be in for an interesting ride.
Here's a prediction for you:
stocks only go up
Yield curve has been steepening since late August-ish.
Usually that means the bond market sees increased economic activity or inflation out in the future. Which would probably be bullish for stonks.
but now it's tougher to interpret because of fed bond buying and strong but falling inflation.
Is the yield curve steeper only because the fed is holding short term rates down artificially? And maybe losing some control over longer term rates?
That would be not be bullish and could force the fed to a quicker than expected rate raise.
tough one, right now.
Prof. Racket wrote:
the idiot from a different IP wrote:
Probably nobody is interested, but I thought I would take a look back at the SPX projections I made back in March 2018 (and which racket at least roundly criticized for being too wide to be of any value, which is no doubt true), first a long look over time from 1949 onward, then zoomed in from 2014 onward:
https://ibb.co/NtCtT3Hhttps://ibb.co/BBKq68gMy expectation is that there is a needed unwinding of the crazy recent growth, and I won't be surprised to (still, as per my last share of these charts in January) close to 3400-3500 by the end of the year. Of course, anything can happen, but it looks to me like we could be in for an interesting ride.
Here's a prediction for you:
stocks only go up
Over the long haul. You have like $7 trillion sitting on the sidelines and when the market takes a big hit that money is going in to the market. Even with the Covid tanking the market, that only lasted like 4 or 5 months. And the market rebounded with a vigor never seen before.
Sally Vixxxxxxxxens wrote:
Prof. Racket wrote:
Here's a prediction for you:
stocks only go up
Over the long haul. You have like $7 trillion sitting on the sidelines and when the market takes a big hit that money is going in to the market. Even with the Covid tanking the market, that only lasted like 4 or 5 months. And the market rebounded with a vigor never seen before.
I think a lot of this shiftlessness in the mkts is traders saying 'hey I made a huge amount this year so I'll reduce the size of my book and start over in January. Preserve the big gains.
Otherwise, just a lot of waiting to see if covid keeps falling , if china will blow up and bring other stuff down, and if inflation in the developed nations starts to fall back to normal.
agip wrote:
Sally Vixxxxxxxxens wrote:
Over the long haul. You have like $7 trillion sitting on the sidelines and when the market takes a big hit that money is going in to the market. Even with the Covid tanking the market, that only lasted like 4 or 5 months. And the market rebounded with a vigor never seen before.
I think a lot of this shiftlessness in the mkts is traders saying 'hey I made a huge amount this year so I'll reduce the size of my book and start over in January. Preserve the big gains.
Otherwise, just a lot of waiting to see if covid keeps falling , if china will blow up and bring other stuff down, and if inflation in the developed nations starts to fall back to normal.
You're gonna need to lock in a lot of gains to be able to afford the nonstop maintenance on an Alfa
Prof. Racket wrote:
agip wrote:
I think a lot of this shiftlessness in the mkts is traders saying 'hey I made a huge amount this year so I'll reduce the size of my book and start over in January. Preserve the big gains.
Otherwise, just a lot of waiting to see if covid keeps falling , if china will blow up and bring other stuff down, and if inflation in the developed nations starts to fall back to normal.
You're gonna need to lock in a lot of gains to be able to afford the nonstop maintenance on an Alfa
no way, man. Here, this says only two cars in the segment are more reliable than the Alfa. I'm reading this correctly, si?
The 2021 Alfa Romeo Giulia is ranked low on the Consumer Reports list, coming in at #15 out of 17 tested luxury compact cars. It doesn’t do badly in all areas, however, in fact, it gets a score of 70 out of 100 on its road test and a 5/5 for expected owner satisfaction. In fact, there is a lot to love about the Giulia, besides the fact that it’s affordable, sporty, luxurious, and best of all, actually pretty uncommon, giving it an additional ‘cool’ factor. So, why did it absolutely tank in the way of ranks and scoring for the reviewer, earning an overall total of just 43? Its predicted reliability is less than stellar.
Here is a cool website if you are shopping for vintage autos, or simply enjoy window shopping:
Hey man, 5/5 owner satisfaction - what else do you really need?
Ghost of Igloi wrote:
Here is a cool website if you are shopping for vintage autos, or simply enjoy window shopping:
https://bringatrailer.com/
Here's what I'd get if I suddenly became a brilliant investor. The most beautiful car ever made, by my eye.
https://bringatrailer.com/listing/1972-ferrari-dino-15/Nice! Never have seen one of those.
Crypto baby! We wuz kangz.
Seriously Iggy divert 50% of your hussmann and go into Bitcoin.
swaglord the realeast wrote:
Crypto baby! We wuz kangz.
Seriously Iggy divert 50% of your hussmann and go into Bitcoin.
I agree with Dimon, but good luck. You would be better off swapping into ARKK where you will only lose 80% of your money.
Ghost of Igloi wrote:
Nice! Never have seen one of those.
Not likely to see one in Idaho.
You got that right. More likely to see a custom jacked up 4x4.
Interesting take on where we are in the market cycle.
https://thefelderreport.com/2021/10/13/where-are-we-in-the-market-cycle/
Ghost of Igloi wrote:
Interesting take on where we are in the market cycle.
I didn't find it interesting at all. I get better explanations of relevant factors bearing on the markets and stock prices from the usual posters of this thread than from the stale re-hash trying to draw some analogy of "anxiety" and "euphoria" to some correction over twenty years ago.
Most investors believe like you; so not uncommon.
RIP: D3 All-American Frank Csorba - who ran 13:56 in March - dead
RENATO can you talk about the preparation of Emile Cairess 2:06
Running for Bowerman Track Club used to be cool now its embarrassing
Hats off to my dad. He just ran a 1:42 Half Marathon and turns 75 in 2 months!
Great interview with Steve Cram - says Jakob has no chance of WRs this year
Rest in Peace Adrian Lehmann - 2:11 Swiss marathoner. Dies of heart attack.