It could behave better or much worse.
Spoken like a typical Stock Market Analyst.[emoji16]
It could behave better or much worse.
My gut says this is the big one .
If this is a serious statement and not a tongue-in-cheek, twinkle-in-the-eye statement, what we talking about when you say "big one"? Knowing that 2003 was a 50% flogging, and 2008/09 was even more. You really think the market will fall that much +?
The average decline has been about -32% with a time span of 367 days. See this article by Ben Carlson: https://awealthofcommonsense.com/2022/09/navigating-the-pain-of-your-first-bear-market/
I'd need a chart of an allocation of 60% land / 30% hog / 10% feedWhat about data from 1800’s?
There is an extreme amount of debt worlwide that needs a constant fuel of cheap money growth and real economic productivity growth to feed it.
The fiat money system and euro-dollar markets have created this extreme inbalance.
We have entered the point of decades of bad monetary and fiscal policy where we now have the choice of breaking things and causing a debt collapse or accepting systemic inflation.
A lot of people think central banks will first break something, and use that as an excuse to turn back on the money spigots which will cause a loss of faith in fiat.
I don't know how this ends (or when), but there is no easy solution.
The best solution is to tighten monetary policy and suck all the speculation and debt out of the system, and rebuild an economy on investment, savings and capital. I don't think we have the stomach for that transition.
My bold above. And if we don't have the stomach, what are the choices? Hyperinflation? Loss of Reserve Currency status? Additional Wealth Effect for the top 0.01% and poverty for everyone else?
My bold above. And if we don't have the stomach, what are the choices? Hyperinflation? Loss of Reserve Currency status? Additional Wealth Effect for the top 0.01% and poverty for everyone else?
Nah, Cramer is full of crap as usual.Fed says we have a long ways to go. That’s all I need to hear. Usually don’t like Cramer but he is right the Fed wants to take our net worth away!
Fed says we have a long ways to go. That’s all I need to hear. Usually don’t like Cramer but he is right the Fed wants to take our net worth away!
There is an extreme amount of debt worlwide that needs a constant fuel of cheap money growth and real economic productivity growth to feed it.
The fiat money system and euro-dollar markets have created this extreme inbalance.
We have entered the point of decades of bad monetary and fiscal policy where we now have the choice of breaking things and causing a debt collapse or accepting systemic inflation.
A lot of people think central banks will first break something, and use that as an excuse to turn back on the money spigots which will cause a loss of faith in fiat.
I don't know how this ends (or when), but there is no easy solution.
The best solution is to tighten monetary policy and suck all the speculation and debt out of the system, and rebuild an economy on investment, savings and capital. I don't think we have the stomach for that transition.
My bold above. And if we don't have the stomach, what are the choices? Hyperinflation? Loss of Reserve Currency status? Additional Wealth Effect for the top 0.01% and poverty for everyone else?
Fed says we have a long ways to go. That’s all I need to hear. Usually don’t like Cramer but he is right the Fed wants to take our net worth away!
To take all of our net worth away, the fed will have to bankrupt corporate America that we are all invested in, and they will have to bankrupt the FDIC that insures our cash savings and fixed income investments. There will be a lot of pushback before that happens.
I was talking to Jerome Powell. He doesn't want everyone's net worth. Just yours. Sorry to be the bearer of bad news.