Powell does not see signs of bubbles brewing..WELL OF COURSE HE WOULD SAY THIS

[dozu888]

people... relax.

in the history of the markets, which 'bubble' ever burst when the public is pessimistic? you can use all the measurable stats, or use anecdotal evidence like ET posts... no matter how you cut it, the public participation is still very low.

instead of worrying about a bubble that doesn't exist, go out there make some dough already.

 

[zdreg]

perhaps downturn will never happen.

If you think the Fed has found the holy grail to eliminate business cycles I have for sale a well known bridge.

 

[imjohn]

If you think the Fed has found the holy grail to eliminate business cycles I have for sale a well known bridge.

If my post implied that's what I "think", then it was misworded. I was trying to convey that the fed's recent course of action seems geared to prevent a downturn indefinitely. Wasn't stating whether or not I think their actions will work as intended.

 

[zdreg]

instead of worrying about a bubble that doesn't exist, go out there make some dough already.

Enjoy the asset bubble while it lasts. Go out there and make loot!

 

[S2007S]

Whether these clowns do or don't know what's up.. I don't expect them to come and openly say anything that could negatively impact the market, as they know such a statement will hasten the inevitable, cause the decline in massive 401ks, and create hysteria.

Some bearish things
-Market value to GDP is 146%
-GDP is projected to slow down into 2020 and beyond

The bullish thing
-Fed is buying $60B assets /month into 2020 Q2, and just cut rates 3 times so thank them for the recent all time highs and collapse in volatility.

They used to just do the bullish things as a reaction to a recession, but now they are actively focused on "prevention". In other words, do these things before any downturn occurs, and perhaps downturn will never happen. Unchartered territory.

Anyhow, just one man's opinion, may be wrong or right

Market value to gdp is staggering.

146% is insane but yet completely being ignored

 

[dozu888]

Enjoy the asset bubble while it lasts. Go out there and make loot!

let me repeat -

- checking account cash all time high
- corporate cash all time high;
- billionaire family offices cash hoard all time high;
- 10 year yield 1.8% while SP forward yield 5.3%;
- computer speed doubling every 18 months, IoT, AI, robots, self drving cars/trucks... 5G/6G
- search ET/Youtube what not - 'market bubble', 'market crash', you get endless results;
- search for 'buy gold/ silver bars', 'buy bitcoin because fiat will crash', you get endless results;
- search for 'stocks are cheap', you get nothing.
- meanwhile central banks and corporations are buying like no tomorrow;

what else do you need for a big moon shot for the next 5 years?
where is your independent thinking skill? instead of recycling the doom gloom you read on zero hedge?

we are supposed to be ELITE traders, no? where is the 'ELITE' part if people can't use their own brains...

 

[dozu888]

Market value to gdp is staggering.

146% is insane but yet completely being ignored

let me also repeat -

all the old metrics are meaningless in this ZIRP/NIRP environment.

once in a life time opportunity to achieve financial freedom right here.... yet people are still reading zero hedge and buying gold bars.

INDEPENDENT THINKING.. this is key.

 

[bone]

How to Stop Worrying About Things You Can't Change

https://www.psychologytoday.com/us/...ow-stop-worrying-about-things-you-cant-change

Of course he wouldn't say markets are in a bubble. Why would any fed chairman say or admit the US economy is in a bubble. This is just foolish talk, everyone knows its after the crisis and collapse that they admit then reason for the day of reckoning. He is not going to put the longest bull market in history at risk now, so anything he say is going to be delightful, sweet, innocent and dovish.

 

[RedDuke]

Of course he wouldn't say markets are in a bubble. Why would any fed chairman say or admit the US economy is in a bubble. This is just foolish talk, everyone knows its after the crisis and collapse that they admit then reason for the day of reckoning. He is not going to put the longest bull market in history at risk now, so anything he say is going to be delightful, sweet, innocent and dovish.




https://www.cnbc.com/2019/11/14/powell-no-day-of-reckoning-coming-for-the-us-anytime-soon.html

It is like deja vu, from 2008. Next year will be interesting, very interesting.

 

[smallfil]

You got to love the perma bears. Just two months ago, hacks at CNBC are saying recession is upon us. If you look at the stockcharts, at the time they were promoting the recession stories of theirs, the stockmarket suffered huge drops. Of course, that was temporary in a long term uptrend. Now, they are bullish. When all these hacks are telling you to buy stocks because it is going higher, that would be the market top. I think most who listen to the hacks have lost their shirts. That is a given. Remember, CNBC earns advertising dollars from the same companies they talk about on their cable channel. Most of what they say are self-serving.