I've never heard of a FA that didn't conveniently deduct the fee from the client account.You might want to change to monthly...it'd stink if you guys had to be bought out by the feds 3 days before the monthly checks came in...
I've never heard of a FA that didn't conveniently deduct the fee from the client account.You might want to change to monthly...it'd stink if you guys had to be bought out by the feds 3 days before the monthly checks came in...
It feels to me as if we are in the opening throes of a panic. Reserve Management is withholding redemptions on their money market and breaking a buck. 3 month T bills are dropping like a rock. Gold had it's biggest one day move ever as faith in the US dollar is falling. T bill rates of 0.233 sure indicates a giant fear of lending, which by it's very nature is deflationary.
Is this all overblown by the stock market? I doubt it, this is further confirmation to me of the 70 percent drop in the BDI shipping index.
However to my way of thinking the total decline is far too meager at this point to be a bottom.
Please stop saying anything positive. We won't get a real turnaround until 100% of all investors slit their wrists and collapse.I think we will see Dow 20,000, and S&P 2400., and perhaps the NASDAQ will reach record highs. It is just a matter of time.
Please stop saying anything positive. We won't get a real turnaround until 100% of all investors slit their wrists and collapse.
You've overshot capitulation and landed in purgatory...Things are getting so bad I might be forced to retire in San Antonio.
That said, I don't see the bottom any time soon. Way too much debt in dark places that has not yet hit the street.
I think we will see Dow 20,000, and S&P 2400., and perhaps the NASDAQ will reach record highs. It is just a matter of time.
Yeah, but is the fear of that already priced in, and is the impending reality going to be better or worse than whats priced in?