Archman Investor hails from beautiful Long Island, New York. (Where only an idiot would choose to move and pay the absurd taxes they force you to pay. So if you are thinking of moving here and enjoy giving most of your hard earned money away, welcome aboard.) He graduated with a Bachelor of... More
Your "Crash 1" arrow points at 9/11, it should point at the preceding "crash/drop" if you are referencing the result of the Y2K liquidity pump...
Also, to bounce along the 25yr line would not factor in the world/emerging markets growth that was, during the 80s, did not nearly make up the % of world GDP as it does now. Of course, the US during those years were not laboring under a credit correction...
I'm a retired Air Force officer living in the suburbs of Kansas City. I've been investing for over 25 years and have consistently beaten the S&P 500 with less risks. I've taught economics in China and England, in addition to the U.S. I'm politically conservative and religiously Christian.
Not a good day to come out with this bullish prediction. I like Laszlo Birinyi , but I can't see how he can be so optimistic. Unemployment numbers are still very negative. Massive government debt levels. A weakening dollar. Government take-over of large sectors of the private economy. Increased regulation. Higher taxes. The Iranian nuclear threat. I could go on. I'm not sure why he's so bullish.
Nathan W Martin: Chanos may be both right and wrong. R/E may drop and stocks may correct but over the year I expect the CSI to be up in $ terms.
Long CAF
8 minutes ago
Bill S. Friend: Find out if your representatives are voting for an audit of the most powerful institution on the planet, the FED. http://bit.ly/5aAulk/
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Also, to bounce along the 25yr line would not factor in the world/emerging markets growth that was, during the 80s, did not nearly make up the % of world GDP as it does now. Of course, the US during those years were not laboring under a credit correction...