I meant with this kind of gains it may pop before the new year
bubbles get faster now
oil bubble from 70 to 150 developed and popped in just 9 months
I fully expect stock bubble will be done sooner
if they want to get bonuses pace of gains should decline
10% gain each month
we may reach all time highs by the end of the year
the market will become unmanageable bubble and would pop any moment if this risk orgy don't stop very soon
financial markets are very fast now and unstable
.
those 5 year bubble in stock market like we had in 90s is a history
I bet we will have another crash within a year.
I don't know maybe we will reach all time highs before that . quite possible
I don't know what kind of inflation we talk about but
the only example when we saw wages caught back inflation was 70s
history full of examples when high inflation didn't increase nominal wages but significantly devalued standard of living
just came from Ukraine -
they had credit boom...
do you smoke something?
if so we would live in a permanent hyperinflation as all debt would evaporate overnight and everyone would be happy
basically this is life without money or so called communism, if you know
people who own debt will never allow that
housing is definitely not the...
homes is not everything
resolving debt this way probably will restrain new private credit for years
wages will not increase to counter inflation as global workforce competition and local unemployed will pressure wages
overall reliance on growth model might be not sustainable
why would they manipulate it higher at current point?
to prevent down move or create gentle upside probably - but do they really need stock market that goes 10% higher every month?
why?
to create another super duper bubble that will destroy everything in a few months?
AAPL can definitely cost $300 or even $1000.
But your excitement about so called coolest stuff blinds you
so how is the coolest stuff helps me to make money?
is IB TWS very different from PC and having the coolest overpriced PC helps me earn more
will corporations buy Mac for their...
people still bid up GM liquidation company although even on SEC web site in bold letters investors are warned the company worth nothing
so fair price is different from that stupid herd is willing to pay or shorts forced to cover at that particular moment
I don't encourage shorting of those stocks
Even PUTs are not good idea as they are very expensive
Shorts will be burnt, longs will be burnt
Stocks like AIG and VG must be avoided
better visit Vegas - there are more chances to win than gambling those stocks
now temperature in New York in 80s. Would you bid it will be in 100s in 6 months? Economy is improving right?
AIG is a bankrupt company which will never in our lives will be able to repay 180 bln
I think it's enough to assume fair price for AIG is zero
presplit, post split, economy is...
what do you mean by saying shares are not availble?
volume is huge
it's 12 pm
and 80 mln shares traded
float is 110 mln
there are shares available for everyone. as much as you want
It really looks like desperation
Currently market is in euphoria stage and reaction to any even stupid and desperate just to bid up like in 2000
SO VG can go to 5,10, 20 short term
but long term target price is 0 (zero)
when Fed started lowering rated
oil was 68 and ended up to 148 in less than a year
I bet if they didn't lower rates or lowered them modestly oil would be in 30s by that time
which would saved to American consumers much more than current stimulus provides
and yes the landing would be soft
Actually if Fed not lowered rates we would not have burst in oil prices which might ease or even prevent recession and financial collapse
the same true is now - zero rate will eventually (within 1-2 years) will bring new wave of commodity inflation which will depress economy again
In Canada there are just 5 big banks. ANd maybe 10 very small.
And they say here Canada's banking system is the best because it's easier oversee what banks do as there are not many
Maybe they want to have the same in the USA?