Honestly folks, I find the whole thing really funny. I hope as many people, including Jon Stewart (who I think is absolutely hilarious), read this. The plebeians are falling into the same trap which has gone on generation after generation.
When times were good, NOBODY asked questions. I have news for Jon and Jim for that matter; the market has/is/always will be based on FEAR and GREED. FEAR AND GREED, OK?
It is IMPOSSIBLE for the AVERAGE person to make better than the AVERAGE return...that's why it's called "AVERAGE". Doesn't matter if it's stocks, a house, whatever.
If investors' as a whole have been making 15% per year for 10 years, the next 10 have to be an average of 1% in order to get back to the long-term average predicated on valuations and economic growth.
It simply cannot be any other way.
So keep on crucifying the "Rich" like Cramer on CNBC. I'll happily be buying stocks hand over fist whenever the Dow Jones is a standard deviation below it's long-term valuation.
John Hussman: Is There a Possibility of $60 Oil? [View article]
There is only one problem with the bears' prognostications on oil. Unlike housing, it's supply is limited nor can it be produced by fiat.
Both oil and gold have been in a bull market ever since the United States attempted its "reflation" in 2001. Simply inverse a chart of real interest rates and it tracks gold and oil beautifully.
The bull moves in these unlevered assets can only end when the United States and the world makes the price of money acceptable and appropriate again.
Bernanke thus far has shown you the route he wants to take is status-quo.
Sort by:
Latest | Highest ratedIt's Time to Sell Equities and Look to These 3 Areas [View article]
Rail Transport CDS Levels and the Dow Theory [View article]
Learn how to use Google and pick up the business section of the paper in the last 2 years.
Cramer Grilled on Jon Stewart [View article]
When times were good, NOBODY asked questions. I have news for Jon and Jim for that matter; the market has/is/always will be based on FEAR and GREED. FEAR AND GREED, OK?
It is IMPOSSIBLE for the AVERAGE person to make better than the AVERAGE return...that's why it's called "AVERAGE". Doesn't matter if it's stocks, a house, whatever.
If investors' as a whole have been making 15% per year for 10 years, the next 10 have to be an average of 1% in order to get back to the long-term average predicated on valuations and economic growth.
It simply cannot be any other way.
So keep on crucifying the "Rich" like Cramer on CNBC. I'll happily be buying stocks hand over fist whenever the Dow Jones is a standard deviation below it's long-term valuation.
Thanks for securing my future!
Hedge Funds of Funds: 'Compensation Scheme Masquerading as an Asset Class' [View article]
More Financial And Housing Layoffs [View article]
Weak Dollar Bodes Well for U.S. Economy [View article]
John Hussman: Is There a Possibility of $60 Oil? [View article]
Both oil and gold have been in a bull market ever since the United States attempted its "reflation" in 2001. Simply inverse a chart of real interest rates and it tracks gold and oil beautifully.
The bull moves in these unlevered assets can only end when the United States and the world makes the price of money acceptable and appropriate again.
Bernanke thus far has shown you the route he wants to take is status-quo.