Soros goes bearish on stocks - bullish on gold.
- Thread starter ajacobson
- Start date
Just want top know whether he ever stop trading and now he come back again?
I think althugh he ever h ave big name in forex, might also ever faced with loss also, this man different type with warrent buffet as I know
It's very reasonable, SPY is quite high now, so ...
Tax receipts are down.
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US federal personal tax receipts receipts are falling fast. So is the Evercore ISI State Tax Survey.
The last two times the survey plunged this much, the US was already in recession.
Is it different this time?
https://mishtalk.com/2016/06/09/us-tax-receipts-signaling-recession/
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But....a recession is when the GDP produces negative growth for two consecutive quarters.
Growth in the 1Q 2016 was .8 ( upgraded from .5 ) and prior to that it was 1.4, 2 and 3.9%.
http://www.statista.com/statistics/...-from-preceding-period-in-real-gdp-in-the-us/
Would it still be defined as a recession if the market dropped 5, 7 or 10 percent and the GDP did not fall ?
BTW, I don't recall ever seeing a definition of what defines the end of a recession.
Is it 2 months of positive GDP growth ?
Do you think it is possible that the Obama Administration is fudging / manipulating the data to make Obama look good, especially during an election year ? It would not be beneath them.
------------
US federal personal tax receipts receipts are falling fast. So is the Evercore ISI State Tax Survey.
The last two times the survey plunged this much, the US was already in recession.
Is it different this time?
https://mishtalk.com/2016/06/09/us-tax-receipts-signaling-recession/
------
But....a recession is when the GDP produces negative growth for two consecutive quarters.
Growth in the 1Q 2016 was .8 ( upgraded from .5 ) and prior to that it was 1.4, 2 and 3.9%.
http://www.statista.com/statistics/...-from-preceding-period-in-real-gdp-in-the-us/
Would it still be defined as a recession if the market dropped 5, 7 or 10 percent and the GDP did not fall ?
BTW, I don't recall ever seeing a definition of what defines the end of a recession.
Is it 2 months of positive GDP growth ?
Do you think it is possible that the Obama Administration is fudging / manipulating the data to make Obama look good, especially during an election year ? It would not be beneath them.
Do not believe anyone in this business. Above all Soros knows this is zero-sum game.
Believed with own selves, as trader need confidence in business, and this will making us more motivated to learn well from our experience