2011-2012 will be Much Worse than 2008-2009

We're in the 11th year of a secular bear market that began in 2000 and we are not even at fair value yet.
Keep in mind that we have spent over a decade below fair value many times before.
Fair value =16 level on the PE10 Ratio
 
Quote from Arjun1:

We're in the 11th year of a secular bear market that began in 2000 and we are not even at fair value yet.
Keep in mind that we have spent over a decade below fair value many times before.
Fair value =16 level on the PE10 Ratio
More...

One must wonder how you traded during the last 40-50% upside move while being above fair valued :D

Crazy A
 
For much longer term, the indexes are below their 200 week ma's, good time to buy quality companies that pay dividends.
 
I think this is not the right time to get in and hunt for a longer term. There are still lots of unclear doubts. Best time would be when we see growth in deposits and real economy spending and saving again. We will get our chance but we've to wait for our chance.
 
Quote from morganist:

I don't think anyone should trade at the moment. The market is so unpredictable.
More...

I'm up 1800% for the year. 24% for the month. Not too unpredictable while human nature is still in tact.
 
Covertibility said:
After seeing Laffer say lowering taxes reduces tax revenue, Milton Friedman is now expected to come back from the dead and state that raising the minimum wage doesn't always cause unemployment and that free markets cannot regulate themselves.

Woe to conservative economics.
More...


https://twitter.com/x/status/1829180809347248535


Daaaaaaayyyyyyyyyyummmmmmm, the GOP brain trust wanted to tax unrealized cap gains.


Moar woe to conservative economics.
 
You must log in or register to reply here.
Back
Top