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SanDiegoNonSurfer

SanDiegoNonSurfer
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  • Why Are Interest Rates So Low? [View article]
    "Credit demand is not low"

    Actually, yes it is. Look at the credit manager's index: http://bit.ly/1c15l4A
    Apr 6, 2015. 11:52 AM | 1 Like Like |Link to Comment
  • Why Are Interest Rates So Low? [View article]
    Sure, the post had a typo. But the bigger significance is that this gets quoted over and over as if it were some Truth from God. Think about it a while and you'll see it's a truly ludicrous statement. Not only is it a silly assertion, but it gets applied to every unsubstantiated point imaginable -- as if it somehow abolishes the need for logic and rigorous thought.

    Another example:
    The fireman slammed his axe into the door over and over without breaking through. It would be insanity to think that he'll ever break through the door by chopping at it with his axe. Really?
    Apr 6, 2015. 12:50 AM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low? [View article]
    "Doing the same thing over and over should bring the same results"

    Not necessarily. Depends on the context. I've always thought this was a ridiculous assertion even apart from the need to consider context. And I don't care who said it. Guy kicks his dog enough times, the dog might just someday decide to bite his foot off.
    Apr 5, 2015. 11:49 PM | Likes Like |Link to Comment
  • 'Hell On Fire' - The 3x Leveraged Universal Investment Strategy (Part I) [View article]
    "he is making 5% each and every month with some options strategy'

    Except when he doesn't, obviously :-)
    Apr 5, 2015. 06:54 PM | 1 Like Like |Link to Comment
  • Why Are Interest Rates So Low? [View article]
    "the existence of Fed action for at least the last several years"

    QE ended in October 2014, was winding down since Jan 2014. What intervention over the last several year are you referring to?
    Apr 5, 2015. 12:12 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low? [View article]
    "this was likely reproduced without his consent or knowledge"

    No, it was with permission...see above where an SA editor clarifies this. But yeah, he's probably not going to read the comments here. His writings are probably reproduced in many publications, and probably always garner a large number of bizarre comments.
    Apr 4, 2015. 07:15 PM | 2 Likes Like |Link to Comment
  • Why Are Interest Rates So Low? [View article]
    "There you go again"

    I'm terrible that way, completely wicked :-)
    Apr 4, 2015. 07:01 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low? [View article]
    "So Seeking Alpha created an account with his name on it without his consent? lol that's kind of weird. "

    A profile at any rate, which may or may not have been with consent (you don't actually know, do you). Even if without specific consent, there's nothing weird or even unusual about that. If you check on Forbes and Bloomberg you'll no doubt find there profiles for Dr. Bernanke there as well. He is, after all, a famous person.
    Apr 4, 2015. 07:00 PM | 1 Like Like |Link to Comment
  • Why Are Interest Rates So Low? [View article]
    This seems self contradictory:
    "Low interest rates come with low inflation and deflation"
    "Low rates are...bad for savers"

    If I'm saving $100/week in an environment with -5%APR inflation, the purchasing power of my saved capital is increasing at a rate of 5%APR. If instead I'm saving $100/week in an environment with +5%APR inflation, I need return rates of at least 5% just to break even wrt purchasing power. You need to consider both inflation rate and return rate to evaluate the impact on a saver. You can't look only at return rates.
    Apr 4, 2015. 12:06 AM | 3 Likes Like |Link to Comment
  • Why Are Interest Rates So Low? [View article]
    "in this case one owned both literally and figuratively by major Wall St. banks"

    Very nice of those banks to hand over nearly $100B to the U.S. government last year and keep only 2.8B of their 101.5B profits to distribute among among the 31 shareholders. Who knew bankers were so public spirited: http://onforb.es/1ETY5n6
    Apr 3, 2015. 11:48 PM | 3 Likes Like |Link to Comment
  • Why I Am Hedging My Portfolio With UVXY [View article]
    "at least in Florida"

    I hear the prison business is doing great in Florida, thanks to Guv Walker.
    Apr 3, 2015. 12:09 PM | Likes Like |Link to Comment
  • AAII Sentiment Survey: Pessimism Jumps To A 2-Month High [View article]
    They only have the three categories. If an investor doesn't respond, percents of those who did should still sum to 100.
    Apr 3, 2015. 10:32 AM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low? [View article]
    "Hopefully, at some point, we will return to a period of risk free investments becoming positive, but my gut feeling is that this won't happen for a long time, because they have DAMAGED capitalism"

    This makes no sense. Capitalism isn't about offering risk-free investments to anyone who wants that. Companies are in business to make money for themselves, not to give you risk-free returns.
    Apr 3, 2015. 02:15 AM | 7 Likes Like |Link to Comment
  • AAII Sentiment Survey: Pessimism Jumps To A 2-Month High [View article]
    This week's AAII Sentiment Survey results:
    Bullish: 35.4%, up 3.0 percentage points
    Neutral: 32.6%, down 4.5 percentage points
    Bearish: 23.0%, up 7.6 percentage points

    This adds up to 91%. What happened to the other 8%?!?
    Apr 2, 2015. 04:18 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low? [View article]
    Cool to see an article on S.A. from Dr. Bernanke (even a reproduced one)! Looking forward to the follow-up articles he mentions at the end.
    Apr 2, 2015. 04:13 PM | 4 Likes Like |Link to Comment
COMMENTS STATS
3,432 Comments
3,809 Likes