Investment Outlook: Lessons from Jim Abbott and the Wall of Worry [View article]
Not to disagree with everything you've said, but haven't we already had a lost decade. The S&P 500 was at 1300-1400 10 years ago.
On Apr 17 03:08 AM Fighting Yoda wrote:
> The whole system is rigged, with FASB 157 rigging was made official. > Phony stress tests, Helicopter Ben knows no limits to printing money. > > > The Govt. is desperately trying to prop up a failed system, it is > not going to work. > > The rally has outlived itself, the most bullish are surprised by > the rally. Thin volumes, no new money coming in - are signs of poor > quality rally. > It is going to end very badly - likely to have a lost decade - deflationary > recession.
Investment Outlook: Lessons from Jim Abbott and the Wall of Worry [View article]
On Apr 17 03:08 AM Fighting Yoda wrote:
> The whole system is rigged, with FASB 157 rigging was made official.
> Phony stress tests, Helicopter Ben knows no limits to printing money.
>
>
> The Govt. is desperately trying to prop up a failed system, it is
> not going to work.
>
> The rally has outlived itself, the most bullish are surprised by
> the rally. Thin volumes, no new money coming in - are signs of poor
> quality rally.
> It is going to end very badly - likely to have a lost decade - deflationary
> recession.