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marketwatcher23

marketwatcher23
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  • Something Is Still Ridiculously Wrong [View article]
    You been here 4 hour!
    Aug 13, 2015. 09:12 PM | 10 Likes Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    when you say they are a huge bond investor I presume you mean that they own almost all of the long dated treasuries. Meaning they completely capped interest rates. Pretty smart move on their part.
    Aug 13, 2015. 08:48 PM | 8 Likes Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    Jason you know full well what banking is. It's creating money, buying politicians, having a revolving door for regulators and robbing the public blind. They are damn good at it too. End of story.
    Aug 13, 2015. 08:26 PM | 1 Like Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    Jason, who has to pay for it? The fed can create it. They have proven that. You know it full well. The world needs more dollars, not less. Money velocity is dead and we are in a deflationary crunch. Monetary policy is limited to shoving the market higher for the wealth effect, which is better than nothing. But it's not good enough.

    You better than anyone seem to know full well that if you hand out some scraps to the masses it will find it's way right back to the 1%. They would be happy to do it if we could all get past this ridiculous 1970's ford tough mentality where we need to create jerbs so everyone can go check facebook 9 hours a day.
    Aug 13, 2015. 08:24 PM | 1 Like Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    Jason define crony capitalism and you will find present day.
    Aug 13, 2015. 08:21 PM | 1 Like Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    JasonC,

    Banks make money lending for student loans and auto loans and credit cards. They also make money using customer deposits to bet with.

    Also, and lets get real for a second, they rig the currency markets as well as interest rates etc etc. They pay a few billion in fines every year but it's no big thing compared to what the bring in doing it. They are able to do this because they own the politicians and the regulators.

    That's how banks make money. Your model is hysterical though. Go ahead and give me some long winded explanation and feel free to completely ignore reality.
    Aug 13, 2015. 08:19 PM | 6 Likes Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    Never going to happen. The right solution is a guaranteed minimum income per citizen. Something like 3-4k per month, per person. If they want to work on top of that go get em.
    Aug 13, 2015. 03:56 PM | Likes Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    Treasuries are precious collateral. The banks will make sure they are stuffed with them. Client deposits are for leveraging and betting. Heads they win, tails you lose. It's all good baby! Grab some BIB and UPRO and go fishing.
    Aug 13, 2015. 03:55 PM | 1 Like Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    "But there are macro causes of this in globalization and automation, and basically nothing the Fed does can affect those causes or mitigate their effects."

    Maybe, but absent doing nothing, they will shove this beast of a market high and those lucky enough to be in it will benefit.
    Aug 13, 2015. 03:30 PM | 2 Likes Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    Why does everyone want the fed to raise rates? It boggles my mind. Do you think they will ever raise them to the point where you may actually be rewarded for saving money? You are fooling yourself if so. Everyone notice the long end of the curve flattening as we approach this insignificant token hike? Yields are going up just enough to continue to nudge grandma out of her bond fund and into SPY.

    That is monetary policy until fiscal policy finally starts getting involved.
    Aug 13, 2015. 03:28 PM | 9 Likes Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    It's wealth effect of bust, sorry but either get in or get out of the way, because this party is just getting started.
    Aug 13, 2015. 03:25 PM | 5 Likes Like |Link to Comment
  • Can Investors Trust Their Retirement To These Midstream Energy MLP Money Machines? [View article]
    "allows us ALL to fully participate"

    I went in a little too hard and I apologize for that comment. But I think your quote (emphasis yours) is incorrect. The generations that came after yours have been buried on more and more debt and have less of a chance to get ahead (not impossible, but less and less with each generation) and participate in these markets, because they have to make good on the promises of the generations in front of them. The generations in front of them went overboard with those promises, and they will never walk them back. So we will be in this environment where very few will benefit and most will suffer, until the demographics change or the promises are not kept. That's not laying blame, just stating reality.
    Aug 12, 2015. 02:43 PM | 1 Like Like |Link to Comment
  • Can Investors Trust Their Retirement To These Midstream Energy MLP Money Machines? [View article]
    "Does it really matter why we are experiencing a bull market?

    Honestly, that's a disturbing comment. Very representative of your generations values though. Does it really matter if those behind you have to suffer for you to reap the benefits, would be a more blunt way of asking the question, but at least you are honest. I won't comment any further on your articles. You have always responded kindly so I'd rather just leave it with that. Good luck.
    Aug 11, 2015. 10:01 PM | 3 Likes Like |Link to Comment
  • Can Investors Trust Their Retirement To These Midstream Energy MLP Money Machines? [View article]
    George I guess my beef with it is that your macro premises are all incorrect. There is a clear reason that oil demand is down and it is because we are in a massive global deflationary environment. So much so that the fed is desperate to raise rates in an attempt to keep people from piling into bonds and driving yields negative.

    The upside to this environment is that between the fed, and lack of alternatives, equities will continue to be pushed higher overall. However not all equities will be treated equal and this particular sector will continue to be massively punished and whatever yield you get will not make up for price depreciation. There are so many better places to look for dividend income it is staggering to me that anyone would focus on this area. Especially later this year when the hedges wear off and they are fully exposed to oil at these prices. So I think the first quote that I put in there was 100% spot on. It was the second quote right below it that is going to get people in big trouble.
    Aug 11, 2015. 05:10 PM | 1 Like Like |Link to Comment
  • Can Investors Trust Their Retirement To These Midstream Energy MLP Money Machines? [View article]
    George we are in a bull market because investors have no alternatives to equities and the fed can't raise rates, other than maybe a token 25bp move. It has nothing to do with an economic boom. If we had an actual economic boom the fed would have to slam rates higher to curb inflation and then good luck servicing 19 trillion in debt....
    Aug 11, 2015. 04:04 PM | 5 Likes Like |Link to Comment
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