Global Markets in Review: Is the Risk Trade Back On? [View article]
If you look at 'the reality I will plan my investments on' as what is happening in the very moment, believe the V shaped rally. That is like looking at the housing market several years ago and mortgaging your house to buy vacation homes.
If you look at 'reality' as we cannot go back to where we were because we were in a credit bubble...that is people were buying a lot of discretionaly things based on borrowed money, then you will not believe in a V shaped recovery.
Everyone is entitled to believe in what they wish. I don't wish to believe in the fairy tales of everything will go back to the way it was. Now, that doesn't mean you can't invest and make real $$$. It just means pay attention to what you invest in.
On Nov 08 08:41 PM Stone Fox Capital wrote:
> Every economic graph shows a V shaped recovery so why does everybody > continue to fight reality?
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If you look at 'the reality I will plan my investments on' as what is happening in the very moment, believe the V shaped rally. That is like looking at the housing market several years ago and mortgaging your house to buy vacation homes.
Nov 09 09:39 am
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All Comments by thotdoc »Global Markets in Review: Is the Risk Trade Back On? [View article]
If you look at 'reality' as we cannot go back to where we were because we were in a credit bubble...that is people were buying a lot of discretionaly things based on borrowed money, then you will not believe in a V shaped recovery.
Everyone is entitled to believe in what they wish. I don't wish to believe in the fairy tales of everything will go back to the way it was. Now, that doesn't mean you can't invest and make real $$$. It just means pay attention to what you invest in.
On Nov 08 08:41 PM Stone Fox Capital wrote:
> Every economic graph shows a V shaped recovery so why does everybody
> continue to fight reality?