stop listening to these songs.. they are messing up your brain lol... you are a bit slow today
I am not gonna explain again as I just did a few posts ago - hint: cleansing of the excess...
the secret meeting is the 'when', not the 'why'.
Trump just destroyed any hope of a trade deal. Bears, get ready.
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stop listening to these songs.. they are messing up your brain lol... you are a bit slow today
I am not gonna explain again as I just did a few posts ago - hint: cleansing of the excess...
the secret meeting is the 'when', not the 'why'.
stop listening to these songs.. they are messing up your brain lol... you are a bit slow today
I am not gonna explain again as I just did a few posts ago - hint: cleansing of the excess...
the secret meeting is the 'when', not the 'why'.
The songs help me relax after the stress of the work day/week. Sorry, that will never go away, hehe. It helps me cope.
Some of them make people laff in the right context, which gives me the greatest joy. That is my greatest pining in life. To make people laff, chuckle and feel better about things. It is pure joy to make others laugh.
Mate I am staying long the entire time. It is a free gift by the Fed and government. Why rejecting this gift. Free MONEY. Nothing is more powerful than QE. Until this stops equities will fly. It's really that simple. And I do not forecast. I react to prices and shifts in fundamentals. When I see this happen I will adjust my positions. Am happy to share with you once that happens unless it's obvious.
I show nothing. I never made claims about dollar amounts or returns hence I owe others on this board nothing. But I do hold those accountable to prove their claims when they do put up claims.
I shared with you my conviction re Fed and government borrowing. Take it or leave it. Simple.
I shared with you my conviction re Fed and government borrowing. Take it or leave it. Simple.
Do your homework Over:
The Federal Reserve (Fed) raised interest rates in December on continued stability in economic data. The labour market remained extremely strong. However, the central bank grew otherwise more dovish in tone, signalling a more cautious view for coming months. It has revised down its “dot plot” (median rate projection), meaning it now expects two interest rate increases in 2019 instead of three previously, reflecting more cautious economic forecasts. GDP growth forecasts were revised down in 2018 and 2019, with inflation projections also adjusted downwards. (Review of Q4 2018)
The reasons for the selloff in Q4 2018 are crystal clear in hindsight and the recovery in early 2019, too. Its all contained in the above. Combine the above with the fact that tops or bottoms are never predictable. All the FANGs and other tech name were hopelessly overvalued (they still are) back in Q4. When some large players cashed in that functioned as catalysts for others to join in. This is what happens in financial markets when asset prices are stressed. However, when you look at weekly and monthly charts you notice that nothing fundamentally really changed. The upside is still intact as of now. See, the problem is that around the world a lot of investment vehicles that funds can pour in size into are yielding negative returns, they did so earlier this year, too. Fundamentals did not shift. What do you do as a fund when you see a mild recovery in equities after the Q4 selloff? You join on the long side because you are measured in terms of relative performance not absolute performance (unfortunately). A fund manager will never get fired for having lost its investors 30%, when the benchmark lost 30% or so as well. They get fired even if they generated +5% when the broad market gained 20%. You need to understand the motivations behind peoples' behavior in order to understand the symptoms in financial markets.
Do I know the future? Not any more than anyone else. But momentum has not shifted since the beginning of this year. In fact central banks around the world are all lowering interest rates. ECB will in September start to embark on another round of QE. Fed will continue to cut rates to stay competitive. This is not complicated math. When there are freebies on the table then take them, for God's sake. Things will only shift gear when corporations will witness a dramatic breakdown in revenues and profits. So far that has not occurred on a massive scale. CNBC and the other clown outlets want naive people to think we are standing right at the abyss. However, fundamentals simply do not support such a stance.
The Federal Reserve (Fed) raised interest rates in December on continued stability in economic data. The labour market remained extremely strong. However, the central bank grew otherwise more dovish in tone, signalling a more cautious view for coming months. It has revised down its “dot plot” (median rate projection), meaning it now expects two interest rate increases in 2019 instead of three previously, reflecting more cautious economic forecasts. GDP growth forecasts were revised down in 2018 and 2019, with inflation projections also adjusted downwards. (Review of Q4 2018)
The reasons for the selloff in Q4 2018 are crystal clear in hindsight and the recovery in early 2019, too. Its all contained in the above. Combine the above with the fact that tops or bottoms are never predictable. All the FANGs and other tech name were hopelessly overvalued (they still are) back in Q4. When some large players cashed in that functioned as catalysts for others to join in. This is what happens in financial markets when asset prices are stressed. However, when you look at weekly and monthly charts you notice that nothing fundamentally really changed. The upside is still intact as of now. See, the problem is that around the world a lot of investment vehicles that funds can pour in size into are yielding negative returns, they did so earlier this year, too. Fundamentals did not shift. What do you do as a fund when you see a mild recovery in equities after the Q4 selloff? You join on the long side because you are measured in terms of relative performance not absolute performance (unfortunately). A fund manager will never get fired for having lost its investors 30%, when the benchmark lost 30% or so as well. They get fired even if they generated +5% when the broad market gained 20%. You need to understand the motivations behind peoples' behavior in order to understand the symptoms in financial markets.
Do I know the future? Not any more than anyone else. But momentum has not shifted since the beginning of this year. In fact central banks around the world are all lowering interest rates. ECB will in September start to embark on another round of QE. Fed will continue to cut rates to stay competitive. This is not complicated math. When there are freebies on the table then take them, for God's sake. Things will only shift gear when corporations will witness a dramatic breakdown in revenues and profits. So far that has not occurred on a massive scale. CNBC and the other clown outlets want naive people to think we are standing right at the abyss. However, fundamentals simply do not support such a stance.
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Ugh, that song would send me into road rage! Listen to something like Iron & Wine if you want to relax.
Yep, hindsight. Did you make any money on it, with foresight? Just like the foresight that is gearing you up RIGHT NOW for the next HUGE MOVE? Do you have your hundreds of futures contracts in for the next HUGE MOVE?
No? You do not feel that much conviction?
It does not surprise me that you are not entering any positions right now. And feel blessed that you are not in any positions currently, because...
Ok, that's more like it (as far as songs go).
Look on the bright side. Everyone expects the Fed to cut interest rates next week, and the talks are still moving forward. Hopefully you won't get burned too bad.
Oh, so you have a softer heart. Hmm.
Maybe you are a contemplative sort?
(Watch for the groovy color changes.) Smoke some weed on it. Man.