Getbig.com: American Bodybuilding, Fitness and Figure
Getbig Main Boards => Gossip & Opinions => Topic started by: El Diablo Blanco on August 24, 2020, 09:30:35 AM
-
Economists claim that we are in a recession, yet the stock market is at a record high, a bunch of companies are trading at record highs and have gone buckwild during this so called recession and the housing market is booming, even higher than during the bank scam from 2005-2008. How is this all possible?
Can you really have a recession, record unemployment, an economy on the brink of a depression yet have record house prices and record stock market?
Something seriously shady is going on and this whole house of cards is going to tumble soon. Are these economists going to claim they didn't see this coming?
-
They papered over the 2008-2009 recession rather than let things fall to true market valuation and things never went back to normal. Because of that nearly everything is fake, distorted or manipulated to look as good as possible to retail investors AKA financial marks. As for the high valuations in equities and housing...the money they've printed that actually got out of the bank to bank system has to go somewhere.
-
-
Economists claim that we are in a recession, yet the stock market is at a record high, a bunch of companies are trading at record highs and have gone buckwild during this so called recession and the housing market is booming, even higher than during the bank scam from 2005-2008. How is this all possible?
Can you really have a recession, record unemployment, an economy on the brink of a depression yet have record house prices and record stock market?
Something seriously shady is going on and this whole house of cards is going to tumble soon. Are these economists going to claim they didn't see this coming?
Yes. It happens all the time.
(https://www.getrichslowly.org/wp-content/uploads/29562781417_6390f05cd0_c.jpg)
So if we’re in a recession, aka an economic downturn, why is the stock market spiking? The stock market tends to be what’s referred to as a leading indicator of the economy. It’s not a direct, parallel representation of the economy, but it can give a preview of where things may be heading. “Typically the market will start declining before a recession is visible and it will start recovering about four months before the end of a recession,” Jurrien Timmer, director of global macro at Fidelity Investments, tells CNBC Make It.
https://www.cnbc.com/2020/06/11/why-are-we-in-a-recession-if-the-stock-market-is-recovering.html
As for record house prices, mortgage rates have been at record lows in large part because of the recession. This causes many people to want to take advantage of this and buy property ASAP, which creates high demand and low supply for homes. Hence, record house prices.
-
Tech companies and mega corporations are booming because they are gaining new customers or old customers are using them more.
Housing market is booming as those who can get mortgages are jumping on them because the interest rate is as low as it will ever likely be.
-
They papered over the 2008-2009 recession rather than let things fall to true market valuation and things never went back to normal. Because of that nearly everything is fake, distorted or manipulated to look as good as possible to retail investors AKA financial marks. As for the high valuations in equities and housing...the money they've printed that actually got out of the bank to bank system has to go somewhere.
well put stud
-
Tech companies and mega corporations are booming because they are gaining new customers or old customers are using them more.
Housing market is booming as those who can get mortgages are jumping on them because the interest rate is as low as it will ever likely be.
Possibly, but I've been hearing that repeatedly since the 90s. :D
-
Economists claim that we are in a recession, yet the stock market is at a record high, a bunch of companies are trading at record highs and have gone buckwild during this so called recession and the housing market is booming, even higher than during the bank scam from 2005-2008. How is this all possible?
my opinion:
- record low yields on bonds and cash: Pushing people to invest in the stock market because the other options are worse
- some high flying stocks benefit from the "stay at home" covid economy: Amazon, Netflix etc.
- the FED pumping huge liquidity into the system. It is well known that the broad stock market (e.g. SPX) tends to trade in line with the money supply
- Some covid recession numbers are improving: Weekly US unemployment claims are in a downtrend
- VIX has fallen for a long time (says something about market sentiment)
- SPX short interest is at a 15 year low
-
my opinion:
- record low yields on bonds and cash: Pushing people to invest in the stock market because the other options are worse
- some high flying stock benefit from the "stay at home" covid economy: Amazon, Netflix etc.
- the FED pumping huge liquidity into the system. It is well known that the broad stock market (e.g. SPX) tends to trade in line with the money supply
- Some covid recession numbers are improving: Weekly US unemployment claims are in a downtrend
- VIX has fallen for a long time (says something about market sentiment)
- SPX short interest is at a 15 year low
FitnessFrenzy ain't lying.
-
Nobody knows nothin.
-
Nobody knows nothin.
(https://s.yimg.com/uu/api/res/1.2/X9_gW4_ac2vJ3zqDp4FASA--~B/aD0xMzAzO3c9MjAwMDtzbT0xO2FwcGlkPXl0YWNoeW9u/https://img.huffingtonpost.com/asset/5c3fb46e2500003500c58fdc.jpg)
-
(https://s.yimg.com/uu/api/res/1.2/X9_gW4_ac2vJ3zqDp4FASA--~B/aD0xMzAzO3c9MjAwMDtzbT0xO2FwcGlkPXl0YWNoeW9u/https://img.huffingtonpost.com/asset/5c3fb46e2500003500c58fdc.jpg)
Ptolemy died thinking the earth was the center of the universe.
-
“It’s a recession when your neighbor loses his job; it’s a depression when you lose your own.”
― Harry S. Truman
-
Economists claim that we are in a recession, yet the stock market is at a record high, a bunch of companies are trading at record highs and have gone buckwild during this so called recession and the housing market is booming, even higher than during the bank scam from 2005-2008. How is this all possible?
Can you really have a recession, record unemployment, an economy on the brink of a depression yet have record house prices and record stock market?
Something seriously shady is going on and this whole house of cards is going to tumble soon. Are these economists going to claim they didn't see this coming?
The stock market is where the QE flows mostly and the Fed has been open since the GFC that they will keep that up.
Property is in trouble overall. Prices are falling, rents are falling vacancies are rising in major cities. Regional areas are growing as people move away because it's so cheap. We sold 2 months ago as a result of our risk assesment around covid. Moved out of a very wealthy city area to a wealthy rural area, same as what the super rich did.
-
Also most of the companies that are suffering are not listed on the stock market. This pandemic has helped the large companies, but is killing the local small ones.
-
Ptolemy died thinking the earth was the center of the universe.
Bogle died wealthy and loved by family, friends, and hundreds of thousands of grateful and happy investors. ;)
"Jack did more for American investors as a whole than any individual I’ve known" - Warren Buffet
-
It’s not just big tech driving US markets higher
Over the last 12 months the S&P500 has widely outperformed other global markets, and we’ve heard a great deal of how much this strength has been dictated by the FAANG companies of the likes of Apple, Amazon and Microsoft, and certainly looking at the performance over the last 12 months you can certainly see the correlation, however that’s not the whole story, as we look across at a whole host of other US stocks that have seen some face ripping gains so far this year.
What was particularly notable was how the gaming and collaborative technology basket outperformed in the broader sell-off, remaining above the zero line even as the market started to carve out a base. In this example it is important to remember that there may well be some cross over in terms of the constituents of some of these baskets.
To sum up while the likes of Big tech has hogged the headlines, in terms of the current market rally, it’s been the performance of some of the smaller cap stocks that has also helped drive this bandwagon, along with the likes of certain parts of the US retail sector which saw which way the wind was blowing almost ten years ago and revamped their business models to adapt to the shift to on-line retail.
Best Buy is a perfect example of this, sinking like a stone in 2012, the company was overhauled from top to bottom. The company pulled out of the UK, pulled out of mobile, as well as streamlining its store model in the US, by establishing a store within a store for major brands. The company also improved its online presence and same day delivery processes, pulling it up from record share price lows in 2013 of $11.50, to be trading at record highs now, just below $120.
https://www.fxstreet.com/analysis/its-not-just-big-tech-driving-us-markets-higher-202008251024
-
The stock market is where the QE flows mostly and the Fed has been open since the GFC that they will keep that up.
Property is in trouble overall. Prices are falling, rents are falling vacancies are rising in major cities. Regional areas are growing as people move away because it's so cheap. We sold 2 months ago as a result of our risk assesment around covid. Moved out of a very wealthy city area to a wealthy rural area, same as what the super rich did.
your right except rents steadily go up they never go down.
-
your right except rents steadily go up they never go down.
Supply and demand. They will go down if no one can afford the current price. Vacancies don't bring in cash.
-
your right except rents steadily go up they never go down.
I was talking in reference to today's climate. Most major cities are hurting in pricing and rents.
We pay 4,000/mth rent for an apartment while our house is getting built. That is a 9% discount over what it should be. The renters i know personally all have discounts since covid. Our CBD office was offered a 40% discount for a 12mth lease but we declined, moved it closer to home and pay 75% less.
Commercial space is going to get a skullfucking of Biblical proportions. Remote working is the key driver as companies will choose a remote workforce and take the cost saving from having less fixed infrastructure. I was ahead of the curve on that as i pulled my business unit from an office to work remotely over a year ago.
-
Economists claim that we are in a recession, yet the stock market is at a record high, a bunch of companies are trading at record highs and have gone buckwild during this so called recession and the housing market is booming, even higher than during the bank scam from 2005-2008. How is this all possible?
Can you really have a recession, record unemployment, an economy on the brink of a depression yet have record house prices and record stock market?
Something seriously shady is going on and this whole house of cards is going to tumble soon. Are these economists going to claim they didn't see this coming?
All that needs to be done to set this economy on fire again is for Blue states to end the shutdowns. Problem sovled.
-
Yes. The stock market’s performance is unrelated to the general health of the “real” economy. Some articles for more information as to why this is so:
https://www.wsws.org/en/articles/2020/08/18/appl-a18.html
https://www.wsws.org/en/articles/2020/08/14/pers-a14.html
Book recomendation:
https://store.counterpunch.org/product/killing-the-host-digital-book/
https://michael-hudson.com/2017/02/j-is-for-junk-economics-a-guide-to-reality-in-an-age-of-deception/
-
The stock market is going up because there are no profitable alternatives for the pension funds and institutional investors that now drive the market. Fixed income investments return zilch. This is a direct result of current monetary policy to keep interest rates near zero.
-
The stock market is going up because there are no profitable alternatives for the pension funds and institutional investors that now drive the market. Fixed income investments return zilch. This is a direct result of current monetary policy to keep interest rates near zero.
Trillions and trillions pumped in to keep it all propped up. Totally fake. No true price discovery.
The coming crash should be stupendous.
-
Trillions and trillions pumped in to keep it all propped up. Totally fake. No true price discovery.
The coming crash should be stupendous.
These markets can run up for years. If you stay in cash inflation will kill you.
-
More than the actual performance of companies, the stock market in its most raw sense works on sheer speculation.
Depending on the emotions of its traders, the value of these companies can rise or fall without any true good reason. That said, over time, the true value/prices will surface and the market will self regulate.
Maybe it's the accountant in me, but I'm of the thought that most people (let's just assume all people) should simply invest in the market and plan for a long term hold and not pretend to trade in it. Subsidized gambling can be dangerous.
"1"
-
More than the actual performance of companies, the stock market in its most raw sense works on sheer speculation.
Depending on the emotions of its traders, the value of these companies can rise or fall without any true good reason. That said, over time, the true value/prices will surface and the market will self regulate.
Maybe it's the accountant in me, but I'm of the thought that most people (let's just assume all people) should simply invest in the market and plan for a long term hold and not pretend to trade in it. Subsidized gambling can be dangerous.
"1"
John Bogle's philosphy.
-
Don't fight the Fed -- https://www.thebalance.com/what-is-the-meaning-of-dont-fight-the-fed-2466886
-
Trillions and trillions pumped in to keep it all propped up. Totally fake. No true price discovery.
The coming crash should be stupendous.
When?
-
John Bogle's philosphy.
Eggxactly
(https://www.investopedia.com/thmb/KK3mH3MoD2Ye1BEaqGYgF6NfeiA=/1000x754/filters:fill(auto,1)/shutterstock_75242476.nest.egg-fbad0feed10648bcab745ec336af8ccf.jpg)
-
When?
No one knows. I would guess, sooner than later.
-
No one knows. I would guess, sooner than later.
How soon? Will you and I be pushing up the daisies by then?
-
John Bogle's philosphy.
I've yet to meet one person that has truly gotten rich off of trading in the market.
But I have met many individuals who have gotten rich by managing the money of those who pretend to trade in the market.
When it comes to the stock market, human nature drives us to want shortcuts. When in reality, the best way to hedge your risks is to simply grow your money pegged along with the entire economy.
There are much better ways to earn large sums of money than the stock market. I've never found the market to be a great medium for the quick generation of wealth. I think real estate would be a much more ideal vessel for wealth generation that can provide you financial security and Independence all through retirement. I also believe in owner financing of property, bonds and small business loans.
You want to tax free cash flow above all else and as little capital gains tax as possible.
Trading in the market can get you incredibly high taxes when you pull out too early (< 1 year).
"1"
-
How soon? Will you and I be pushing up the daisies by then?
Quite possible.
Trillions will soon turn into quadrillions. TPTB are going to do anything/everything to save themselves and maintain their power and control.
-
Quite possible.
Trillions will soon turn into quadrillions. TPTB are going to do anything/everything to save themselves and maintain their power and control.
money will be worthless
Bill Gates will chip you like a dog
you will be connected to cloud
a cyborg
-
I've yet to meet one person that has truly gotten rich off of trading in the market.
But I have met many individuals who have gotten rich by managing the money of those who pretend to trade in the market.
When it comes to the stock market, human nature drives us to want shortcuts. When in reality, the best way to hedge your risks is to simply grow your money pegged along with the entire economy.
There are much better ways to earn large sums of money than the stock market. I've never found the market to be a great medium for the quick generation of wealth. I think real estate would be a much more ideal vessel for wealth generation that can provide you financial security and Independence all through retirement. I also believe in owner financing of property, bonds and small business loans.
You want to tax free cash flow above all else and as little capital gains tax as possible.
Trading in the market can get you incredibly high taxes when you pull out too early (< 1 year).
"1"
Not rich per se, but I made close to $400K shorting the market in March. Not bad for a months work. All futures trades too, no stocks.
-
money will be worthless
Bill Gates will chip you like a dog
you will be connected to cloud
a cyborg
You mean "currency" will be worthless.
Gates and those like him need to be exterminated.
-
You mean "currency" will be worthless.
Gates and those like him need to be exterminated.
Bodybuilders like pellius will survive
There will always be schmoes
Currency..ass raw no pulling out
-
Not rich per se, but I made close to $400K shorting the market in March. Not bad for a months work. All futures trades too, no stocks.
But how much of that do you see?
In other words, after taxes and fees, assuming you pull it out now?
If you don't pull it out now and instead hold until next year, how much do you truly see after taxes?
"1"
-
But how much of that do you see?
In other words, after taxes and fees, assuming you pull it out now?
If you don't pull it out now and instead hold until next year, how much do you truly see after taxes?
"1"
All futures profits are taxed according to the 60/40 rule, i.e. 60% of profits are taxed as long term capital gains and 40% are taxed as short term capital gains. After all is said and done I pay approx 23-25% tax on all futures and options trades.
Stocks are taxed at the highest tax rate. I stopped trading stocks about 10 years ago.
BTW, I took $100K of the March profits and bought more silver when it hit $12 at the end of March... what a gift that was ;D
-
If Biden wins and tries to pay for all the programs Democrats want the US will have to print valueless money. The printing of money leads to wild inflation and a depression. Money won't be worth the paper it's printed on. When the Blue states open from their shut down the economy the country will soar like it was going before Covid.
-
If Biden wins and tries to pay for all the programs Democrats want the US will have to print valueless money. The printing of money leads to wild inflation and a depression. Money won't be worth the paper it's printed on. When the Blue states open from Those that shut down the economy the country will soar like it was going before Covid.
The left's plan will open the door for the Commies to walk through.
-
BTW, I took $100K of the March profits and bought more silver when it hit $12 at the end of March... what a gift that was ;D
Commend you on the $100k, but why silver? Are you countering via an inflation hedge? Silver is not my cup of tea, because it's proven to be quite volatile over the years.
What's your reason?
"1"
-
(https://s.yimg.com/ny/api/res/1.2/YMfVVszQFUlpDD0kqseerQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNQ--/https://media.zenfs.com/en-GB/the_telegraph_258/94550501a509d80113aed46398b6387a)
-
Commend you on the $100k, but why silver? Are you countering via an inflation hedge? Silver is not my cup of tea, because it's proven to be quite volatile over the years.
What's your reason?
"1"
Inflation hedge yes, but also because the timing was perfect. $12 silver was a steal. I wish I had bought more. PMs are just getting started. Where gold goes, silver follows. Also, when ppl can no longer afford gold, they buy silver. During PM bull markets, the % gains silver makes are usually 3-5x golds gains. I have gold too though. Don't forget the ammo ;)
-
If Biden wins and tries to pay for all the programs Democrats want the US will have to print valueless money. The printing of money leads to wild inflation and a depression. Money won't be worth the paper it's printed on. When the Blue states open from their shut down the economy the country will soar like it was going before Covid.
what i wrote
The communists are the real Nazis
-
the Big Bang is coming
-
I read an analyst review that said Tesla that is currently valued at $2100 a share is a $85 per share stock. How Tesla who is worth twice as much as VW who sold 30 million cars last year compared to Tesla who sold 350k cars is insane.
-
If you do not vote for Trump
you are a fool..
-
I read an analyst review that said Tesla that is currently valued at $2100 a share is a $85 per share stock. How Tesla who is worth twice as much as VW who sold 30 million cars last year compared to Tesla who sold 350k cars is insane.
-
I read an analyst review that said Tesla that is currently valued at $2100 a share is a $85 per share stock. How Tesla who is worth twice as much as VW who sold 30 million cars last year compared to Tesla who sold 350k cars is insane.
Elon Musk is a master at getting government grants and loans.
-
I read an analyst review that said Tesla that is currently valued at $2100 a share is a $85 per share stock. How Tesla who is worth twice as much as VW who sold 30 million cars last year compared to Tesla who sold 350k cars is insane.
Tesla is extremely important though. Musk is important.
A large chunk of the QE is flowing into the big name shares.
If they pump a trillion in it has to go somewhere regardless of a company's performance.
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=667956.0;attach=1265709;image)
(https://media.tenor.com/images/25eba48a338d64e17edc99f88f0482bf/tenor.gif)
-
(https://media.tenor.com/images/25eba48a338d64e17edc99f88f0482bf/tenor.gif)
So, you're saying these ridiculously overprices stocks will never come back down, or what?
Irrational stock prices and market bubbles can last a while. Could pop next week or several years from now. Look at the charts of the top 10 nasdaq stocks... most are parabolic and look like the blipcoin chart from 2017. You know what happened after that. It's inevitable.
Nasdaq monthly chart... detaching from reality.
https://www.finviz.com/futures_charts.ashx?t=NQ&p=m1 (https://www.finviz.com/futures_charts.ashx?t=NQ&p=m1)
-
So, you're saying these ridiculously overprices stocks will never come back down, or what?
Irrational stock prices and market bubbles can last a while. Could pop next week or several years from now. Look at the charts of the top 10 nasdaq stocks... most are parabolic and look like the blipcoin chart from 2017. You know what happened after that. It's inevitable.
Nasdaq monthly chart... detaching from reality.
https://www.finviz.com/futures_charts.ashx?t=NQ&p=m1 (https://www.finviz.com/futures_charts.ashx?t=NQ&p=m1)
Everyone already knows that bubbles happen, and that bubbles burst. Everyone knows the stock markets, bond markets, housing markets, currencies, etc. go up and down, sometimes crash, and then recover and rally. People know this and take advantage of it to grow wealth over time.
But that's not what you are talking about, is it? Aren't you predicting some kind of financial, apocalyptic event after which silver, gold, ammunition and canned tuna will be the only valid currencies?
-
Everyone already knows that bubbles happen, and that bubbles burst. Everyone knows the stock markets, bond markets, housing markets, currencies, etc. go up and down, sometimes crash, and then recover and rally. People know this and take advantage of it to grow wealth over time.
But that's not what you are talking about, is it? Aren't you predicting some kind of financial, apocalyptic event after which silver, gold, ammunition and canned tuna will be the only valid currencies?
You left out toilet paper.
-
Peter Lynch, the legendary Wall Street investor and former Fidelity manager, said:
“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.”
-
But that's not what you are talking about, is it? Aren't you predicting some kind of financial, apocalyptic event after which silver, gold, ammunition and canned tuna will be the only valid currencies?
Why, does this make you uncomfortable? Good, it should.
-
Peter Lynch, the legendary Wall Street investor and former Fidelity manager, said:
“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.”
Works both ways. I made a ton of $ shorting the market in March. I guess the markets ONLY go up - lol
Having insurance is a good thing... I'm sure Mr LEGENDARY Lynch would agree with that.
-
Everyone already knows that bubbles happen, and that bubbles burst. Everyone knows the stock markets, bond markets, housing markets, currencies, etc. go up and down, sometimes crash, and then recover and rally. People know this and take advantage of it to grow wealth over time.
And some get wiped out and never recover.
-
Why, does this make you uncomfortable? Good, it should.
No, but I see I am correct about what you are predicting.
(https://media.tenor.com/images/25eba48a338d64e17edc99f88f0482bf/tenor.gif)
-
And some get wiped out and never recover.
Nope, not those who are in it long term, those who spend "time in" the market instead of "timing" the market.
-
Nope, not those who are in it long term, those who spend "time in" the market instead of "timing" the market.
lol Tell that the retires who owned a 401k or IRA in 2008 - ouch
-
lol Tell that the retires who owned a 401k or IRA in 2008 - ouch
Tell me. What happened to them, and why?
-
No, but I see I am correct about what you are predicting.
(https://media.tenor.com/images/25eba48a338d64e17edc99f88f0482bf/tenor.gif)
It's happening already. Blind bull.
-
Tell me. What happened to them, and why?
Huh? So, you don't know?
-
It's happening already. Blind bull.
Really? You must live in some alternate universe.
I know, I know. You're one of them preppers who have been predicting this apocalyptic event for decades. Nothing I haven't heard before.
Not judging. To each their own. Good luck with that.
(https://d27bygd3qv5fha.cloudfront.net/Mar-08-2020/5e64668dba40022c60888632/Meet-the-preppers-2020-Mar-08-08-55-30-general.jpeg)
-
Huh? So, you don't know?
You just equated a bubble with some apocalyptic event. So no, I don't know your angle on what happened to all retirees who had a 401k or IRA in 2008.
-
Really? You must live in some alternate universe.
I know, I know. You're one of them preppers who have been predicting this apocalyptic event for decades. Nothing I haven't heard before.
Not judging. To each their own. Good luck with that.
Not judging? - lol
You are ridiculous... from what you post here... totally out of touch with just about everything.
-
You just equated a bubble with some apocalyptic event. So no, I don't know your angle on what happened to all retirees who had a 401k or IRA in 2008.
See what I mean... totally out of touch.
-
Not judging? - lol
You are ridiculous... from what you post here... totally out of touch with just about everything.
See what I mean... totally out of touch.
Great come back. Congratulations!
-
Great come back. Congratulations!
You don't need some creative come back when dealing with an idiot.
I'm not judging, but good luck. lol
-
You don't need some creative come back when dealing with an idiot.
I'm not judging, but good luck. lol
As usual, you resort to insults and name calling. Well done.
-
Timing is everything and the boiling frog principle applies. Also, the saying something along the lines of "they can keep the game going longer than you can remain solvent" comes to mind.
In other news the NAR says last month there were record contracts in place for housing purchases. Note that's not closings but offers... Where I am there is no inventory at all outside the city. I sold one in 3 days when all this Covid stuff started, which was a surprise. Tons of new builds going up, any lot that can be bought is being built on...about 30 miles away from center a major metro. I wonder how much retirement money is flowing into these purchases.
-
As usual, you resort to insults and name calling. Well done.
Your questions are completely rhetorical... that's why. You are also brain locked. I cannot help you.
-
Timing is everything and the boiling frog principle applies. Also, the saying something along the lines of "they can keep the game going longer than you can remain solvent" comes to mind.
In other news the NAR says last month there were record contracts in place for housing purchases. Note that's not closings but offers... Where I am there is no inventory at all outside the city. I sold one in 3 days when all this Covid stuff started, which was a surprise. Tons of new builds going up, any lot that can be bought is being built on...about 30 miles away from center a major metro. I wonder how much retirement money is flowing into these purchases.
NAR is well known for their blatant pumping... fudging building permits and housing sales numbers.
Commercial RE is finished... over... done... kaput.
After November (no matter who is POTUS) anyone that lives in/near a major metro is going to to be ground into chop meat. It will make the current riots look like a Sunday picnic.
I'll say it again...
Regardless of where you live, if you don't have your guns and ammo now, you better get it. The most common ammo is 9mm... the price for a 1000rd case of FMJs is currently averaging $800-1000. The gun and ammo prices will not be coming back to pre-George Floyd levels... not ever.
-
NAR is well known for their blatant pumping... fudging building permits and housing sales numbers.
Commercial RE is finished... over... done... kaput.
After November (no matter who is POTUS) anyone that lives in/near a major metro is going to to be ground into chop meat. It will make the current riots look like a Sunday picnic.
I'll say it again...
Regardless of where you live, if you don't have your guns and ammo now, you better get it. The most common ammo is 9mm... the price for a 1000rd case of FMJs is currently averaging around $1000. The gun and ammo prices will not be coming back to post-George Floyd levels... not ever.
Saved for posterity.
-
Your questions are completely rhetorical... that's why. You are also brain locked. I cannot help you.
Whatever you say, Mr prepper.
(https://media.lasvegassun.com/media/img/photos/2017/01/30/20170130-20170130_Sunday_Survivalist_803_t653.jpg?214bc4f9d9bd7c08c7d0f6599bb3328710e01e7b)
-
Saved for posterity.
Fine. We'll re-visit a year from now. Liver or crow?... your choice.
-
Whatever you say, Mr prepper.
(https://media.lasvegassun.com/media/img/photos/2017/01/30/20170130-20170130_Sunday_Survivalist_803_t653.jpg?214bc4f9d9bd7c08c7d0f6599bb3328710e01e7b)
This is all you got? - lol
I'm taking up premium parking space in your head. :D
-
Works both ways. I made a ton of $ shorting the market in March. I guess the markets ONLY go up - lol
Having insurance is a good thing... I'm sure Mr LEGENDARY Lynch would agree with that.
You're more of a speculator than an investor.
Not that there's anything inherently wrong with that but there is a difference.
I congratulate you on your successful speculations.
https://en.wikipedia.org/wiki/Speculation
"Speculation is the purchase of an asset with the hope that it will become more valuable in the near future. In finance, speculation is also the practice of engaging in risky financial transactions in an attempt to profit from short term fluctuations in the market value of a tradable financial instrument—rather than attempting to profit from the underlying financial attributes embodied in the instrument such as value addition, return on investment, or dividends."
-
This is all you got? - lol
I'm taking up premium parking space in your head. :D
I thought you'd be flattered. ;D
-
Here's a strategy I use to measure my tolerance for risk. I call it the "Black Swan Defense".
Feel free to use it but be forewarned it is copyrighted by me and I will sue. ;)
A Black Swan Event would be 50% overall drop in the stock market. Why 50%? It's just an estimate and you have to start somewhere.
I'm not anticipating the end of civilization.
I take the 3 financial investments categories (not including real estate or other stuff) which are cash, bonds, and stock.
Example:
Cash $100,000
Bonds $400,000
Stocks $500,000
Total $1,000,000
Black Swan Event = Cash + Bonds + 1/2(stock)
In the above example this would be $100k + $400k + 1/2($500k) = $750,000
So, in the event of a Black Swan Event my stock values are cut in half.
Would I still be ok if that happened? Can I continue my current lifestyle?
If I would be ok then my asset allocation is good.
If such a drop makes me queasy then I need to have more cash/bonds and less stocks.
-
All futures profits are taxed according to the 60/40 rule, i.e. 60% of profits are taxed as long term capital gains and 40% are taxed as short term capital gains. After all is said and done I pay approx 23-25% tax on all futures and options trades.
Stocks are taxed at the highest tax rate. I stopped trading stocks about 10 years ago.
BTW, I took $100K of the March profits and bought more silver when it hit $12 at the end of March... what a gift that was ;D
Us silver loving fags are looking better than a 10 inch circumcised shaft at a truck stop glory hole.
Silver ain't done yet either. It should reach at least reach triple what you paid for it.
-
Here's a strategy I use to measure my tolerance for risk. I call it the "Black Swan Defense".
Feel free to use it but be forewarned it is copyrighted by me and I will sue. ;)
A Black Swan Event would be 50% overall drop in the stock market. Why 50%? It's just an estimate and you have to start somewhere.
I'm not anticipating the end of civilization.
I take the 3 financial investments categories (not including real estate or other stuff) which are cash, bonds, and stock.
Example:
Cash $100,000
Bonds $400,000
Stocks $500,000
Total $1,000,000
Black Swan Event = Cash + Bonds + 1/2(stock)
In the above example this would be $100k + $400k + 1/2($500k) = $750,000
So, in the event of a Black Swan Event my stock holds are cut in half.
Would I still be ok if that happened? Can I continue my current lifestyle?
If I would be ok then my asset allocation is good.
If such a drop makes me queasy then I need to have more cash/bonds and less stocks.
Great strategy, and similar to what many passive investors and retirees follow. Some call it the bucket strategy.
This is the reason why I asked Mr Prepper earlier what exactly he meant by what happened to all retirees who had 401K and or IRAs in 2008, but he declined to answer.
If these retirees had bothered to do a little research, learned of these simple strategies and applied them, then they were just fine. And I know for a fact that many retirees invested in the stock market were just fine in 2008, and actually increased their net worth significantly by 2010 thanks to opportunities created by the 2008 crash and the fail safe strategies they had in place.
-
NAR is well known for their blatant pumping... fudging building permits and housing sales numbers.
Commercial RE is finished... over... done... kaput.
After November (no matter who is POTUS) anyone that lives in/near a major metro is going to to be ground into chop meat. It will make the current riots look like a Sunday picnic.
I'll say it again...
Regardless of where you live, if you don't have your guns and ammo now, you better get it. The most common ammo is 9mm... the price for a 1000rd case of FMJs is currently averaging $800-1000. The gun and ammo prices will not be coming back to pre-George Floyd levels... not ever.
This post didn't age well.
Saved for posterity.
Fine. We'll re-visit a year from now. Liver or crow?... your choice.
-
Economists claim that we are in a recession, yet the stock market is at a record high, a bunch of companies are trading at record highs and have gone buckwild during this so called recession and the housing market is booming, even higher than during the bank scam from 2005-2008. How is this all possible?
Can you really have a recession, record unemployment, an economy on the brink of a depression yet have record house prices and record stock market?
Something seriously shady is going on and this whole house of cards is going to tumble soon. Are these economists going to claim they didn't see this coming?
Yes. The simple answer is that we are in an inflationary depression. That is where the economy gets worse because the currency rapidly devalues, everything becomes more expensive without people getting richer, and people lose faith in the system.
The other kind of depression with which Americans are most familiar is a deflationary depression. That is where the value of money stays the same or even increases, but there is no optimism in the system, so people don't want to hire, work, innovate, create new wealth, etc. Everything loses value and the economy as a whole becomes worth less.
They are really two sides of the same coin. You get an inflationary depression like we have when governments and banks try to plug the leak with fiat money.
-
I will again offer my theory:
The stock market remains high because there are no better alternative investments for this type of investors.
-
Yes. The simple answer is that we are in an inflationary depression. That is where the economy gets worse because the currency rapidly devalues, everything becomes more expensive without people getting richer, and people lose faith in the system.
The other kind of depression with which Americans are most familiar is a deflationary depression.
You get an inflationary depression like we have when governments and banks try to plug the leak with fiat money.
We are in a deflationary depression my man which is causing massive wage deflation but people are seeing it as inflation.
An inflationary outcome always requires a deflationary event to kick off the process because that is how you justify ungodly amounts of debt and eventual currency printing.
Prices going up is linked to a decrease in productivity, product shortages, lowering volume and speculation increasing COGS. Our consumer world is modeled off large volume and razor thin margins. When we suffer a volume drop we can't survive on the existing pricing and discount models and so prices must go up or we all go broke.
It looks like inflation but it ain't. I'll use fuel as an example. Here the price has flown up to record highs yet nobody is driving. We're all locked down. Oil was $147/barrel in 2008 and it recently hit $75 or so and then puked down to $61 yet fuel is at record high..... why? lack of volume. The fuel companies can't survive on 0.01/L margin because there is no volume so they jack it up to 0.15/L to cover basic OPEX.
So it's not that prices are inflating due to currency devaluation, it's that your WAGES are deflating and you are seeing prices go up. Hence right now we are at the greatest risk of losing jobs, losing work hours.
The outcome of this is hyperinflation but we will experience total and complete deflationary hell before we get there.
-
Would hate to be a young couple trying to buy a house these days, retard prices.
I bought my first house in 1990/91, a 4-BR Garrison on 3-acres, 105K. Of course we were 24 year old kids with jobs that paid like $10.00 at the time , but it was still doable.
(With only 10K down).
These days its nuts.
-
Would hate to be a young couple trying to buy a house these days, retard prices.
I bought my first house in 1990/91, a 4-BR Garrison on 3-acres, 105K. Of course we were 24 year old kids with jobs that paid like $10.00 at the time , but it was still doable.
(With only 10K down).
These days its nuts.
We know the outcome of high property prices.
People don't get married and don't have kids because it's too expensive. Western world has deflation of the population, why do you think Europe is getting in boatloads of Africans? It's to fight depopulation because we are all so fucked up with debt that people have 1 kid and suddenly BAM your population halves in 40yrs time.
It's easier to fix than people think but the wealthy won't allow it to be fixed. I think the only alternative is push the remote work policy which allows people to live outside these crazy expensive areas.
-
We know the outcome of high property prices.
People don't get married and don't have kids because it's too expensive. Western world has deflation of the population, why do you think Europe is getting in boatloads of Africans? It's to fight depopulation because we are all so fucked up with debt that people have 1 kid and suddenly BAM your population halves in 40yrs time.
It's easier to fix than people think but the wealthy won't allow it to be fixed. I think the only alternative is push the remote work policy which allows people to live outside these crazy expensive areas.
Sucks being old (55) but glad I came up when I did. No social media, no fake-news, no extreme right vs. left, etc.
Sports were sports (not whiny activist platforms), there was no fake music like rap (70's Hard Rock and 80's Metal) girls had big-hair and small asses.
New ghey world we got going today.
-
My feeling is that the middle class and above, today, more so than in history, are using index funds as banks. Just to be able to beat inflation.
This is why we see stock market go up today, even in times of recession/lower productivity. Because people don't want their money to whittle away from inflation. This will continue to increase, to the point that most people use the stock market as investment, instead of FIAT in banks.
Or untill the point that a more viable(less volatile) crypto comes along that the general population feels secure putting savings in.
-
funny to watch the robinhood commercials showing people like melvin
color of peace
-
My feeling is that the middle class and above, today, more so than in history, are using index funds as banks. Just to be able to beat inflation.
This is why we see stock market go up today, even in times of recession/lower productivity. Because people don't want their money to whittle away from inflation. This will continue to increase, to the point that most people use the stock market as investment, instead of FIAT in banks.
Or untill the point that a more viable(less volatile) crypto comes along that the general population feels secure putting savings in.
Sharemarket goes up because they are pumping 120B/mth of QE into it LOL. It has absolutely zero to do with what the retail public are doing.
Retail people increased savings, paid off personal debt then leveraged themselves to the eyeballs to buy a home in the suburbs because of remote working.
The cost of goods isn't going up per se it's that your wages are deflating. It looks exactly the same but one is driven by demand pull and the other is cost push. We are experiencing cost push inflation which is a deflationary mechanism caused by reduction of volume on low margins.
-
im holding tight with all assets until melvin chimes in on how to proceed
-
Bogle died wealthy and loved by family, friends, and hundreds of thousands of grateful and happy investors. ;)
"Jack did more for American investors as a whole than any individual I’ve known" - Warren Buffet
I worked for him. He was a good guy.
-
Economists claim that we are in a recession, yet the stock market is at a record high, a bunch of companies are trading at record highs and have gone buckwild during this so called recession and the housing market is booming, even higher than during the bank scam from 2005-2008. How is this all possible?
Can you really have a recession, record unemployment, an economy on the brink of a depression yet have record house prices and record stock market?
Something seriously shady is going on and this whole house of cards is going to tumble soon. Are these economists going to claim they didn't see this coming?
It's going to be like 2008 but 10 times worse. It's an economy built on a massive debt bubble.
It will correct to fair value. Those 600k homes this time next year might be selling for $175k ..
The stock market and housing markets are all addicted to easy money from the Federal Reserve. All they are doing is increasing the money supply by printing trillions out of thin air and dumping it in to the financial markets. That props up the stock market and housing markets.
-
It's going to be like 2008 but 10 times worse. It's an economy built on a massive debt bubble.
It will correct to fair value. Those 600k homes this time next year might be selling for $175k ..
The stock market and housing markets are all addicted to easy money from the Federal Reserve. All they are doing is increasing the money supply by printing trillions out of thin air and dumping it in to the financial markets. That props up the stock market and housing markets.
who says they will ever stop QE
-
Economists claim that we are in a recession, yet the stock market is at a record high, a bunch of companies are trading at record highs and have gone buckwild during this so called recession and the housing market is booming, even higher than during the bank scam from 2005-2008. How is this all possible?
Can you really have a recession, record unemployment, an economy on the brink of a depression yet have record house prices and record stock market?
Something seriously shady is going on and this whole house of cards is going to tumble soon. Are these economists going to claim they didn't see this coming?
Do economists truly claim we are in a recession? Unemployment is my own personal measure of recession and it is between 5 and 6 percent (not outstanding, but not bad). Housing and stock market very positive, as stated above. Poverty reduced (temporarily) through all the COVID money. Manufacturing picking up. I may be the only one, but I say we are in a pretty decent economic uptick. But whether it will last is anybody’s guess.
-
who says they will ever stop QE
Eventually they will have to or the country will be a quadrillion dollars in debt.
-
Do economists truly claim we are in a recession? Unemployment is my own personal measure of recession and it is between 5 and 6 percent (not outstanding, but not bad). Housing and stock market very positive, as stated above. Poverty reduced (temporarily) through all the COVID money. Manufacturing picking up. I may be the only one, but I say we are in a pretty decent economic uptick. But whether it will last is anybody’s guess.
If you figure that to keep unemployment where it is it cost 30% of GDP then sure, it's a pretty decent economic uptick.
Eventually they will have to or the country will be a quadrillion dollars in debt.
Not when you monetise the debt. Americans need to remember we all peg to the USD meaning we are all printing. It means fuck all when everybody is printing at the same time because nobody gains a cost advantage.
If we have 100 Humble Bucks and 100 Mayday bucks and we both print 100 more bucks each, neither of us gets an advantage yet we doubled out money supply.
QE will not stop until after hyperinflation. They are keeping the gas pedal floored and we can understand why given during the Great Depression the biggest mistake they made was backing off the throttle. Keep it pinned until you are waaaaaay past the danger zone.
-
Yes. The simple answer is that we are in an inflationary depression. That is where the economy gets worse because the currency rapidly devalues, everything becomes more expensive without people getting richer, and people lose faith in the system.
The other kind of depression with which Americans are most familiar is a deflationary depression. That is where the value of money stays the same or even increases, but there is no optimism in the system, so people don't want to hire, work, innovate, create new wealth, etc. Everything loses value and the economy as a whole becomes worth less.
They are really two sides of the same coin. You get an inflationary depression like we have when governments and banks try to plug the leak with fiat money.
So I do not really understand the “inflationary depression” argument but it sounds like you have thought this through. In that type scenario, where is best to have your savings?
Cash and gold?
Bonds (not looking good at the moment)
Real estate?
Stocks?
Heavily in stocks and real estate here, but try to keep a balance. The only components that give solid day to day income are bonds and real estate (and some preferred or high dividend stocks with nothing much to back them up in a severe downturn).
-
If you figure that to keep unemployment where it is it cost 30% of GDP then sure, it's a pretty decent economic uptick.
Not when you monetise the debt. Americans need to remember we all peg to the USD meaning we are all printing. It means fuck all when everybody is printing at the same time because nobody gains a cost advantage.
If we have 100 Humble Bucks and 100 Mayday bucks and we both print 100 more bucks each, neither of us gets an advantage yet we doubled out money supply.
QE will not stop until after hyperinflation. They are keeping the gas pedal floored and we can understand why given during the Great Depression the biggest mistake they made was backing off the throttle. Keep it pinned until you are waaaaaay past the danger zone.
What's crazy is they count the printing as GDP yet things are so off on numbers the NY Fed suspended their GDP charts last week.
Nobody knows what is going to happen but I can say that I have 10-20% increases at the manufacturer level in my business this quarter and that is highly deflationary for my sales unless they keep sending money direct to consumers. The printed money is sloshing around at the top 1% and it's not working other than goosing the markets and valuations on housing. Those things are transient and require future buyers to keep it going. Even low rates can't fix no income/ability to pay.
-
What's crazy is they count the printing as GDP yet things are so off on numbers the NY Fed suspended their GDP charts last week.
Nobody knows what is going to happen but I can say that I have 10-20% increases at the manufacturer level in my business this quarter and that is highly deflationary for my sales unless they keep sending money direct to consumers. The printed money is sloshing around at the top 1% and it's not working other than goosing the markets and valuations on housing. Those things are transient and require future buyers to keep it going. Even low rates can't fix no income/ability to pay.
Interesting about sloshing around at the top, and I do not disagree. But here is a counter perspective. My household has two people: one who mainly lives on slosh around investment funds and the other who is a server in a restaurant. Both individuals are doing well right now. I don’t want to discount what you are saying (for one, because of concerns about inequality) but when I see help wanted signs everywhere, I can’t help but think that wages will pump up sooner or later.
-
Interesting about sloshing around at the top, and I do not disagree. But here is a counter perspective. My household has two people: one who mainly lives on slosh around investment funds and the other who is a server in a restaurant. Both individuals are doing well right now. I don’t want to discount what you are saying (for one, because of concerns about inequality) but when I see help wanted signs everywhere, I can’t help but think that wages will pump up sooner or later.
The help wanted signs are for jobs that will never pay for a boomer mc mansion or the lifestyle that many of those same people were raised in. No offense to anyone in a service sector but those are low skill low pay jobs, period end of story. Nobody at Amazon or Mc Donald's will ever make 60k in today's money value and that is barely enough to have a decent car and apt. Yes, I know servers can make good money...when they are 25 and hot, haha.
We are at all time low rates, all time stock market and housing price highs....but something is off - unless this is to go on forever artificially...those things will change. Are normal people able to absorb those changes with their own equity and earning power?
I mean, I see the help wanted signs, the temp tags on new cars, the houses up 50% over last year....but does anyone think it will be forever bull and different this time? I just don't.
-
These markets can run up for years. If you stay in cash inflation will kill you.
Another factor is US vs. rest of world, although we could easily all go down together. Remember back in the day when our stock brokers wanted to make sure that we had some of our funds in developing markets (Brazil, India, Asia). I don’t hear an ounce of that talk any more. Also, look at the people in Lebanon (in crisis) begging to take a few US dollars out of their bank accounts. Lebanon is on the completely opposite end of the planet.
-
Another factor is US vs. rest of world, although we could easily all go down together. Remember back in the day when our stock brokers wanted to make sure that we had some of our funds in developing markets (Brazil, India, Asia). I don’t hear an ounce of that talk any more. Also, look at the people in Lebanon (in crisis) begging to take a few US dollars out of their bank accounts. Lebanon is on the completely opposite end of the planet.
Good points.
-
Nothing to see here folks, please move along
https://www.bitchute.com/video/WYzX8uLACk77/
This disturbing video reveals that two investment firms, BlackRock and Vanguard, own big pharma, big media, and just about everything else you can think of! They have ownership in 1,600 American firms, and control over $9-trillion in assets. The 1% owns more than the 99%. 82% of all earned money in 2017 went to this 1%, somewhat like a massive company store. Vanguard is the largest shareholder of BlackRock. Vanguard is privately owned, so it is difficult to discern the individual owners, but it is linked to many of the oldest, richest families, including the Rothschilds, the Orsini family, the Bush family, the British Royal family, the DuPont family, the Morgans, Vanderbilts and Rockefeller
-
Nothing to see here folks, please move along
https://www.bitchute.com/video/WYzX8uLACk77/
This disturbing video reveals that two investment firms, BlackRock and Vanguard, own big pharma, big media, and just about everything else you can think of! They have ownership in 1,600 American firms, and control over $9-trillion in assets. The 1% owns more than the 99%. 82% of all earned money in 2017 went to this 1%, somewhat like a massive company store. Vanguard is the largest shareholder of BlackRock. Vanguard is privately owned, so it is difficult to discern the individual owners, but it is linked to many of the oldest, richest families, including the Rothschilds, the Orsini family, the Bush family, the British Royal family, the DuPont family, the Morgans, Vanderbilts and Rockefeller
Vaguard's Total Stock Market Index is one of largest, if not the largest investment funds on the planet.
But it just buys an index which is based on the largest capitalization companies. No mystery and no secret cabals there.
Naturally, wealthy people 1%ers such as Getbiggers are invested in these companies also.
-
Eventually they will have to or the country will be a quadrillion dollars in debt.
So everything is going to crash one day?
How does one invest to benefit from this?
-
Vaguard's Total Stock Market Index is one of largest, if not the largest investment funds on the planet.
But it just buys an index which is based on the largest capitalization companies. No mystery and no secret cabals there.
Naturally, wealthy people 1%ers such as Getbiggers are invested in these companies also.
No, they actually OWN the stock.
Check the largest shareholders of the largest corps
-
I said it before. When inflation hits the only ones that make out are the home owners as their investment traditionally increases in value. It's only a homerun if you want to down size say to a little retirement ranch. The stock market will keep running high but even that can't withstand inflation when the US is printing money to spend that it doesn't have as tax revenue. Many investors are waiting for the big panic sell off. Might be a year or two away.
-
No, they actually OWN the stock.
Check the largest shareholders of the largest corps
I may be misunderstanding you but yes, rich people own stock in these companies. I own stocks in these companies via mutual funds. But even the weathiest individuals own personally very small % of these corporations. The exceptions would be the Walton family who together just under 50% of WalMart, an amount sufficient to control decision making, or founders of companies who have been able to retain large holdings (hard to do with public corporations). Why should they not?
Warren Buffett owns a large % of Bershire Hathaway, 30-40%. It is his company.
Bill Gates owns a very small % of Microsoft stock, less than 1%.
The largest owners of stocks are institutional investors like pension funds, insurance companies, and investment funds.
A Vanguard index fund buys quantities of a company's stock based on its capitalization value to the index in question.
https://www.investopedia.com/articles/insights/052416/top-3-exxon-mobil-shareholders-xom.asp
Exxon
"Top 3 Individual Insider Shareholders
Andrew P. Swiger
Andrew Swiger owns a total of 1.2 million ExxonMobil shares, representing 0.03% of the company's total shares outstanding.4 Swiger has been a senior vice president since 2009 and principal financial officer since 2013. Prior to that, he served as president of ExxonMobil Gas & Power Marketing between 2006 and 2009, and as executive vice president of ExxonMobil Production Co. from 2004 to 2006. Swiger has served in various other roles since he first joined the company in 1978 as an operations engineer.
Darren W. Woods
Darren Woods owns a total of 1.0 million ExxonMobil shares, representing 0.02% of the company's total shares outstanding.4 Woods is chair and chief executive officer (CEO), roles he has held since January 1, 2017. Prior to that, he served as president and as a member of the board of directors after being elected to those roles in January 2016. He served as senior vice president between 2014 and 2016, and as company vice president and as president of ExxonMobil Refining and Supply Co. from 2012 to 2014. Woods has served in numerous other roles for the company since first joining Exxon Co. International in 1992 as a planning analyst.
Neil W. Duffin
Neil W. Duffin owns a total of 627.8 thousand ExxonMobil shares, representing 0.01% of the company's total shares outstanding.4 Duffin is president of ExxonMobil Global Projects Co., a role he has held since January 1, 2017. He also was appointed vice president of the company at that time. Prior to that, he served in a number of roles, including as president of ExxonMobil Development Co., and as vice president of ExxonMobil Production Co. Duffin joined Mobil Oil Corp. in 1979, which later merged with Exxon to become ExxonMobil.
Top 3 Institutional Shareholders
Institutional investors hold more than 51% of ExxonMobil's total shares outstanding.5
Vanguard Group Inc.
Vanguard Group owns 344.4 million shares of ExxonMobil, representing 8.1% of total shares outstanding as of February 26, 2021.6 The company is primarily a mutual fund and ETF management company with about $6.2 trillion in global assets under management (AUM) as of January 2021. The Vanguard S&P 500 ETF (VOO) is one of the company's largest ETFs with about $199 billion in AUM.7 ExxonMobil comprises less than 0.6% of VOO's holdings.8
BlackRock Inc.
BlackRock owns 277.5 million shares of ExxonMobil, representing 6.6% of total shares outstanding, as of February 5, 2021.9 The company is primarily a mutual fund and ETF management company with approximately $8.68 trillion in AUM. The iShares Core S&P 500 ETF (IVV) is among one of BlackRock's largest ETFs with approximately $254 billion in AUM. ExxonMobil comprises about 0.3% of IVV's holdings.10
State Street Corp.
State Street owns 241.5 million shares of ExxonMobil, representing 5.7% of total shares outstanding as of February 26, 2021.6 The company is primarily a manager of mutual funds, ETFs, and other assets with approximately $3.5 trillion in AUM. The SPDR S&P 500 ETF Trust (SPY) is among one of State Street's largest ETFs with approximately $339 billion in AUM. ExxonMobil comprises 0.7% of SPY's total holdings1111
-
who says they will ever stop QE
LOL good point there bro ... hehe maybe they will print the dollar into oblivion..
-
A steady rate of moderate to low inflation is desirable. Increases in the money supply are also desirable.
When either gets out of control it is not desirable.
-
LOL good point there bro ... hehe maybe they will print the dollar into oblivion..
I heard a long long time ago that since China basically owns the US debt that the Fed wanted to pay back China one day with worthless dollars
No clue what that means other than currency devaluation
-
So everything is going to crash one day?
How does one invest to benefit from this?
Invest in paying off your house out in the country, a 1 year supply of food, solar generators, guns and ammo.
-
A steady rate of moderate to low inflation is desirable. Increases in the money supply are also desirable.
When either gets out of control it is not desirable.
True, but things can and do go wrong. Witness the out of control inflation and interest rates under President Carter and the severe liquidity defaults under President Bush (I still see a defaulted Lehman Brothers instrument on my monthly brokerage statement this many years later). Are you confident that our monetary and fiscal authorities now have this figured out? And if it all goes south, is real estate the best place to be (as one poster said above)?
-
True, but things can and do go wrong. Witness the out of control inflation and interest rates under President Carter and the severe liquidity defaults under President Bush (I still see a defaulted Lehman Brothers instrument on my monthly brokerage statement this many years later). Are you confident that our monetary and fiscal authorities now have this figured out? And if it all goes south, is real estate the best place to be (as one poster said above)?
All good points.
-
I heard a long long time ago that since China basically owns the US debt that the Fed wanted to pay back China one day with worthless dollars
No clue what that means other than currency devaluation
It means a dollar today is worth more (buying power) than a dollar ten years from now.
So, if I can pay you back what I owe you 1-for-1 with future dollars that are worth less then I make out.
So, borrowing money during inflationary times is better than in low inflation times, especially if the inflation rate exceeds the borrowing rate.
So, we borrow money from China at 2% and inflation is 5% and pay them back with cheaper dollars.
-
It means a dollar today is worth more (buying power) than a dollar ten years from now.
So, if I can pay you back what I owe you 1-for-1 with future dollars that are worth less then I make out.
So, borrowing money during inflationary times is better than in low inflation times, especially if the inflation rate exceeds the borrowing rate.
So, we borrow money from China at 2% and inflation is 5% and pay them back with cheaper dollars.
This would actually be a benefit of hyperinflation.
-
This would actually be a benefit of hyperinflation.
That would be really bad though.
-
That would be really bad though.
It would be unless they rolled out a new currency right after they paid all the debt with worthless dollars. The Amero?