We Are Getting Closer For Another Stock Market Collapse
Housing buried
Jobs buried
Currencies buried
Debt buried
jarvol
SBR Hall of Famer
09-13-10
6074
#2
That is all old news and priced into the stock market. The market may go down 10-20% but that is far from a collapse. That could be viewed as just a healthy correction though it did breakdown thru its 50 and 100 day moving averages this afternoon. That isn't a good sign near term.
The real problem is the greedy old fukkers in this country who think it is their right to receive 10x or 100x or even more in Social Security and Medicare than they ever paid in and who are effectively blackmailing anybody Congress who would even attempt a small reform to those 2 ponzi schemes let alone phase them out as should be done.
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SBR_John
SBR Posting Legend
07-12-05
16471
#3
nah.. looks like more of a quarter or two pause while the world works through some mismanaged debt issues. Stocks will continue to be bought as long as there is no competition from dividend & interest investments.
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Iced
SBR MVP
01-04-11
1614
#4
Once QE2 ends, the recession will begin. I give it two years.
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Brock Landers
SBR Aristocracy
06-30-08
45367
#5
i fukking hope not, enough of this bullshit already
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jarvol
SBR Hall of Famer
09-13-10
6074
#6
Originally posted by Iced
Once QE2 ends, the recession will begin. I give it two years.
That is possible but the 10 yr yield is now at 2.9%. Somebody other than the FED has been buying up bonds so unless they just stop buying I don't see it. QE is and was overrated in my opinion.
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Iced
SBR MVP
01-04-11
1614
#7
Originally posted by jarvol
That is possible but the 10 yr yield is now at 2.9%. Somebody other than the FED has been buying up bonds so unless they just stop buying I don't see it. QE is and was overrated in my opinion.
The only reason the stock market got "better" was because the Fed printed $1.6 trillion worth of base money. (Of course, this is a fake recovery, printing money does not help.) This is the third bubble in twelve years the Fed has created. The Fed needs to be abolished.
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jjgold
SBR Aristocracy
07-20-05
388208
#8
Originally posted by Iced
The only reason the stock market got "better" was because the Fed printed $1.6 trillion worth of base money. (Of course, this is a fake recovery, printing money does not help.) This is the third bubble in twelve years the Fed has created. The Fed needs to be abolished.
Post of year
1000% correct
We are in a false economy
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Brock Landers
SBR Aristocracy
06-30-08
45367
#9
Originally posted by jjgold
Post of year 1000% correct We are in a false economy
so whats going to make everyone better off Ace?
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Br0nxer
SBR Posting Legend
03-25-11
13665
#10
Originally posted by Brock Landers
so whats going to make everyone better off Ace?
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agharah1
SBR MVP
09-07-10
2304
#11
Uh, guys? If ending QE2 is going to cause a recession....why not just don't end QE2? I mean its not like interest rates are going up, and core inflation is still weak. Sure oil is going up, but its not demand related and we all saw how easy it was to force speculators out of the market by just raising margin requirements. Corn is up but almost 50% of corn is used to create worthless ethanol as a welfare program for Iowans who for some reason get to vote for President first. I could understand New Hampshire which has both a small population *and* is a small state but traveling through Iowa takes forever just to see a handful of people.
And of course Gold is up but I have yet to find someone who can explain why I should care. On the whole Gold in and of itself is pretty worthless except that its rare so it used to be used as money.
The only explanations for why we shouldn't do more QE that I've heard so far are pretty much folk wisdom and superstition. It makes me think the real reason the economy hasn't recovered is that people are just plain being too irrational.
market is down a little over 150 in the last 2 days and people are shitting?
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rem sleep
SBR MVP
10-04-10
1238
#14
Don't really follow the market but I do think bad times are gonna happen to the stock market sooner rather than later.
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Grits n' Gravy
Restricted User
06-10-10
13024
#15
Originally posted by Brock Landers
so whats going to make everyone better off Ace?
Start posting your rubber bands every day and we'll all be Bill Gates rich soon.
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Iced
SBR MVP
01-04-11
1614
#16
Originally posted by agharah1
The only explanations for why we shouldn't do more QE that I've heard so far are pretty much folk wisdom and superstition. It makes me think the real reason the economy hasn't recovered is that people are just plain being too irrational.
Because QE doesn't actually help the economy. It only makes the economy look good statistically. Printing money, which essentially all QE is, only creates bubbles. QE can make the economy look good in the short term, but it's devastating in the long-run.
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bradnowell
SBR Sharp
07-31-10
493
#17
f\*\*k i thought now was the time to buy
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Going4Broke
Restricted User
09-30-10
294
#18
Insurance companies buy the majority of government bonds and they just lowered their caps on most products. Glad I got a lot of clients in a few weeks ago!
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Iced
SBR MVP
01-04-11
1614
#19
Originally posted by bradnowell
f\*\*k i thought now was the time to buy
Correct. Time to buy silver.
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lemart5
SBR MVP
01-12-11
2818
#20
Us managers are hard pressed to find yield .Nothing is holding up anymore and you never know what you are going to get piling into commodities right now.Volumes have been down along time and I don't see the average investor moving money into the markets.As far as corporate bonds go the money has been made there as the trips on some of thes things are barely above the 3.5 % inflation mark.I would be very careful with corporates alot of these sales are stupid take Norfolk Southern with a 100 year yeilding 3.7% inflation could easily
be 18% tomorrow.As far as Greece goes let them default it's not gonna be the first or last country to do it.Continuing on to the currency markets I am short the Yuan long the dollar.
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lemart5
SBR MVP
01-12-11
2818
#21
QE3 would be dismal Bernanke is already surpressimg interest rates .My charts have stagnant growth in the US for a long time.Same situation is happening over again banks issuing loans to unworthy people.
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mr.inpak
SBR Sharp
12-13-09
450
#22
I hope not my question is where would you put your money if not in stocks you cant get more then 2% intrest in cds
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lemart5
SBR MVP
01-12-11
2818
#23
Originally posted by mr.inpak
I hope not my question is where would you put your money if not in stocks you cant get more then 2% intrest in cds
25% in Cds 20% in corporate bonds yeilding more than 3.5% 25% in the Dow 30 ( only the ones that pay dividends)
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I/O
SBR Hall of Famer
05-26-11
7922
#24
everything is in cycles
ALWAYS have options
today is today, there's money to be made................tomorrow there's money to be made
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8ArIvd5
SBR MVP
04-24-10
3175
#25
jjgold thriving
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King Mayan
SBR Posting Legend
09-22-10
21330
#26
Fukk it let it tank....
America needs a depression, too many soft muthafukkas around here.....
We need sacrifice and hard work to come back.....
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treece
SBR Hall of Famer
11-28-07
6298
#27
china owns our ass. that commercial with the chinese professor is very true.
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sweethook
SBR Posting Legend
11-21-07
12667
#28
things dont look good coach
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Skidcom
SBR MVP
11-17-06
1796
#29
Plus Junes have been generally terrible for the last decade
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blackbeSSt
SBR Hall of Famer
09-06-08
9398
#30
Originally posted by Iced
Correct. Time to buy silver.
nah that ship sailed already im afraid. will never be high 40's or more like it was a month or so ago.
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pavyracer
SBR Aristocracy
04-12-07
82667
#31
Sell in May buy in November. Always win win situation for the savvy investor.
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jjgold
SBR Aristocracy
07-20-05
388208
#32
Good point Paver
Anyone giving money to brokers or any investment bank or company is a real fukkin jerkoff
All they do is buy and sell and rape you with commissions and your money never grows
Put money in bank now your better off and i you do ake some trades do it yourself and place like E-Trade, Scott, Ameritrade as they all have tools for you to make it easy..
Brokers are touts and scums
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lemart5
SBR MVP
01-12-11
2818
#33
Originally posted by jjgold
Good point Paver
Anyone giving money to brokers or any investment bank or company is a real fukkin jerkoff
All they do is buy and sell and rape you with commissions and your money never grows
Put money in bank now your better off and i you do ake some trades do it yourself and place like E-Trade, Scott, Ameritrade as they all have tools for you to make it easy..
Brokers are touts and scums
You are the biggest fool here you really think people entrust us with money just to have it no grow?If you believe that's what we do then you are dumber than I thought.
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SBR_John
SBR Posting Legend
07-12-05
16471
#34
You can still make 7% in A- rated preferred stocks and they pay quarterly.
The deal with preferred stocks is they never mature. So you need a ladder-in strategy to cost average and you need to use the portion of your portfolio reserved for those investments you hold for 10+ years or more.