Yawn.
So? If it drops 20+% I might get excited.
Yawn.
So? If it drops 20+% I might get excited.
For Chrissakes V wrote:
[quote]X-Runner wrote:
Who cares about a one week 5% drop that will probably bounce back?
I do. I wouldn't mind avoiding the loss of 5% of my lifetime earnings.
It does not effect your lifetime earning one bit. Did you meaning savings? Or Investments?
Jbjhbjhbj wrote:
agip wrote:well I disagree with just about everything you wrote here
but
glad you owned up to it
Everything he said is accurate. Just like in 2000, bears were correct, but they got burned before the turn.
Why do you think Donald Trump went out of his way during the debate to say the same things that are written above? So he can quote himself after he is elected and the crash happens, and avoid blame.
there is no 'gig' and there is no 'fix'
there is low inflation so there is little reason for the fed to raise rates. Not sure why that is so difficult to understand.
all around the world rates are low. for many reasons, esp the aging of wealthy nations and the lack of an equity culture in developing nations. Plus inflaiton.
THe us fed controlled rate is already higher than peers...if you think it should be raised even MORE...you must be one giant fan of Barack Obama! To be able to grow the US economy more than its peers and require a rate rise to hold back inflation! You must be his #1 fan!
agip wrote:
there is no 'gig' and there is no 'fix'
there is low inflation so there is little reason for the fed to raise rates. Not sure why that is so difficult to understand.
all around the world rates are low. for many reasons, esp the aging of wealthy nations and the lack of an equity culture in developing nations. Plus inflaiton.
THe us fed controlled rate is already higher than peers...if you think it should be raised even MORE...you must be one giant fan of Barack Obama! To be able to grow the US economy more than its peers and require a rate rise to hold back inflation! You must be his #1 fan!
Agreed. Low interest rates and low inflation as far as the eye can see... I've noticed that the hyperinflationists have quietly disappeared into the woodwork, though there may be one or two still trumpeting "any day now!..."
Remember Milton Friedman:
"Low interest rates are generally a sign that money has been tight, as in Japan; high interest rates, that money has been easy...after the U.S. experience during the Great Depression, and after inflation and rising interest rates in the 1970s and disinflation and falling interest rates in the 1980s, I thought the fallacy of identifying tight money with high interest rates and easy money with low interest rates was dead. Apparently, old fallacies never die."