Nearly two-thirds of U.S. money managers are bullish on stocks through the middle of next year, Barron's fall survey finds. Money managers expect three sectors to outperform: tech energy and health care. They're bearish on financials and consumer cyclicals, and netural on oil. Top stock pick: Microsoft (MSFT).
In July 2008, nearly three quarters of professional money managers were bullish on stocks through the first quarter of 2009. :-^
These guys really do live in another universe. And because they control so much money, their prophecy could be self fulfilling. Until it runs into reality. Hey, maybe it won't. These are the guys Ben and Tim are playing to. They don't understand anything about the economy, and don't want to. If Ben says it is good to go, it is good to go.
Boggles the mind. They're playing with *your* retirement money.
Simple truths: Fact: Asset managers lie. Fact :Many asset managers are nothing more than con men who are good at selling. They often get their MBA's "after" they are hired by a firm. Fact: The game is not about asset management. It is about asset gathering and collecting fees of the assets under management. Fact: These asset managers are actually horrible managers of money. They can only make money in bull markets and 95% of them have no idea how to protect a clients money in a bear market nor do they try. Fact: Asset gatherers know that there is a sucker born every minute. They lose no sleep over the billions of dollars they lost for average Americans. Fact: Ignore the very same people who have never seen any of the bad times coming, both in 2000 and in 2008. Instead they use the financial media to lie and cover up for them. Fact: All financial companies, brokerages, and companies such as Morningstar et al, are all in collusion to pump the stock market and literally steal money from the average American even when they know the outcome will be horrific.
And to this date.....no one has the courage to expose or stop them.
Equity mutual fund outflows accelerate..Volume dries up... But the ponzi has to perpetuate itself. They were right about 2Q 09 market bounce (must of had the playbook) The Gov. squeeze is a gift that just keeps on giving
wind4me: Advice to APWR - announce the Nevada production contract signed and done deal in Nevada for a 1100 MW Wind Turbine production facility
about 1 hour ago
BBolan: Advice to AM - I think AM will be dumping 3000 or about 1/3 of its employees. earnings call on the 23rd of December.
about 3 hours ago
Karl W Miller: CONSTITUTIONAL EXPERTS PREPARING U.S. SUPREME COURT SUIT AGAINST HEALTHCARE BILL. DISCUSSION OF CENSURING NANCY PELOSI AND HARRY REID
about 3 hours ago
Joshua Hayes: It doesn't matter the reason "why" something is going up/down. All that matters is that it "IS" and that U have buy/sell rules to work with.
This news story has 5 comments:
These guys really do live in another universe. And because they control so much money, their prophecy could be self fulfilling. Until it runs into reality. Hey, maybe it won't. These are the guys Ben and Tim are playing to. They don't understand anything about the economy, and don't want to. If Ben says it is good to go, it is good to go.
Boggles the mind. They're playing with *your* retirement money.
Fact: Asset managers lie.
Fact :Many asset managers are nothing more than con men who are good at selling. They often get their MBA's "after" they are hired by a firm.
Fact: The game is not about asset management. It is about asset gathering and collecting fees of the assets under management.
Fact: These asset managers are actually horrible managers of money. They can only make money in bull markets and 95% of them have no idea how to protect a clients money in a bear market nor do they try.
Fact: Asset gatherers know that there is a sucker born every minute. They lose no sleep over the billions of dollars they lost for average Americans.
Fact: Ignore the very same people who have never seen any of the bad times coming, both in 2000 and in 2008. Instead they use the financial media to lie and cover up for them.
Fact: All financial companies, brokerages, and companies such as Morningstar et al, are all in collusion to pump the stock market and literally steal money from the average American even when they know the outcome will be horrific.
And to this date.....no one has the courage to expose or stop them.
compdivplan.com