No, I have always considered myself a Republican and THAT is what makes me angry about how they conducted themselves. I do not care for Obama's policies or politics, there is no doubt about that. However, the last number of years caused me to realize that all politicians are the same when it...
If AAPL "only" grows at 20%/yr for 10 yrs its mkt cap will be about 1.35 trill. *If* the economy grows at 5%/yr for the next 10 yrs, GDP will be about 22.8 trill. At that point AAPL's mkt cap would be about 5.9% of GDP. Currently the largest mkt cap as a % of GDP is about 2.3%.
I think that...
Alexander Tyler--
A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the...
Agree with that. Sentiment in the short-term (maybe same as what you are saying above) and valuation long-term.
Hussman has some good info on normalized earnings of the market and subsequent returns.
get a daily equity change for each system and aggregate that change for each week/month for each system and compare the those time periods to each other.
Read up on history a bit. As far back as the late 1700s when France was experiencing hyperinflation, wages fell. A couple of reasons: constant "stimulus" in the form of money printing stimulated excess production in many areas of the economy that eventually let to the collapse of industries...
who was panicking and selling their 2nd and 3rd homes here in the US at the top of the market? no one and they were probably still trying to buy more; even after the top was in.
not saying the top is in, but waiting for evidence of the kind that you appear to be looking for will make it too...
he may or may not have had inside information, but if you think fund managers of all stripes don't take positions before earnings announcements, completely without inside info, you are naive.
To the OP, nice list.
If anyone thinks by raising federal employee salaries from $40,000/year to $100,000/year or more and raising taxes proportionally will somehow make the economy better, they are living in a fantasy land.