Caution Warranted Despite Full Spectrum of Bullish Indicators Worldwide [View article]
On Aug 09 12:34 PM mineralt wrote:
> I don't understand why people insist on trying to make sense of the > market, as if the economy and the stock market move in tandem. We > have a nice bull market for four years, and it was due to the fake > economy of HELOC purchases that blew up. In the 90's, we had a nice > bull market due to overvalued internet companies that could never > make money. > > There is no relation, IMHO, between the Dow and reality. We are in > for a terrible ten years, and the Dow, S&P or Nasdaq will go > up and down, irrespective of the reality.
Words of wisdom. All the hot air of the economy and its relation to the market is only there to fool investors and make regulators forget that Wall Street is playing a game with Americans' 401(k) plans.
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On Aug 09 12:34 PM mineralt wrote:
Aug 09 17:17 pm
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All Comments by Missing_Link »Caution Warranted Despite Full Spectrum of Bullish Indicators Worldwide [View article]
> I don't understand why people insist on trying to make sense of the
> market, as if the economy and the stock market move in tandem. We
> have a nice bull market for four years, and it was due to the fake
> economy of HELOC purchases that blew up. In the 90's, we had a nice
> bull market due to overvalued internet companies that could never
> make money.
>
> There is no relation, IMHO, between the Dow and reality. We are in
> for a terrible ten years, and the Dow, S&P or Nasdaq will go
> up and down, irrespective of the reality.
Words of wisdom. All the hot air of the economy and its relation to the market is only there to fool investors and make regulators forget that Wall Street is playing a game with Americans' 401(k) plans.