SiP Posted December 3, 2023 Report Posted December 3, 2023 spx was really tracking seasonality in 2023
SiP Posted December 3, 2023 Report Posted December 3, 2023 if the Fed is cutting in Q2 2024, the ECB will probably be cutting more. Inflation in Europe is in freefall and their economy is not strong. The ECB could be facing below-target inflation before Major League Baseball season opens in April 2024. The lower inflation, crappy growth story in Europe has been capturing a lot of attention this week as many well-known Europe experts (Jens, Alf, and George, for example) have been talking up the prospects of European weakness in 2024. The market has decimated the EUR crosses this week in response to rapidly repricing ECB expectations
Jimbo Posted December 3, 2023 Report Posted December 3, 2023 AN INTERESTING NUMBER Shiller PE is 31 Not cheap At the 1929 peak.....it was....31.....
SiP Posted December 3, 2023 Report Posted December 3, 2023 stop talking about 1929, its pure non sense. People keep listening to this fairy tales instead of investing since 2009 bottom. Spx went up from 666 to 4800 and bears keep talking about crashes, 1929. Maybe some day bears will hit 🎯 target. for sure right now we need some healthy corretion but thats it.
DrStool Posted December 3, 2023 Author Report Posted December 3, 2023 https://www.washingtonpost.com/opinions/2023/11/30/trump-dictator-2024-election-robert-kagan/
fxfox Posted December 3, 2023 Report Posted December 3, 2023 I would not be surprised a single bit to see ECB going back to zero rates in 2024.
SiP Posted December 3, 2023 Report Posted December 3, 2023 The 4-week change in AAII Bear Index is one of the largest drops we have seen in the last 20yrs.
PullMyFinger Posted December 3, 2023 Report Posted December 3, 2023 2 hours ago, DrStool said: https://www.washingtonpost.com/opinions/2023/11/30/trump-dictator-2024-election-robert-kagan/ He may or may not be correct in this instance, but with respect, I wouldn't trust that psycho warmonger any further than I could throw his ample behind. He is married to Victoria Nuland, and his sister runs the Institute for the Study of War. Like Lindsey Graham, none of them ever met a war they didn't love. Reprehensible dirtbags that stand for little more than death and destruction around the world.
DrStool Posted December 3, 2023 Author Report Posted December 3, 2023 I don't know anything about the author. His vision is certainly terrifying, and consistent with what I started warning about in 2016. This whole saga looks like Germany 1929-33. Remember that the Beer Hall Putsch failed and Hitler was jailed for a time. It didn't matter. His power just kept growing. If the author is right, and my pessimistic assessment that he is, then we are in the death throes of democracy in America. That's bad news for the whole world. A Trump family dictatorship will certainly be a scary, horrible outcome for Democrats. MAGAts will be the storm troopers of the Trumpist dictatorship. They will go after Dems tooth and nail, and there will be no force that will have the will or ability to stop them. Gulag anyone? Or worse? But will it be good for stocks? That's all that matters, right?
aussiebear Posted December 4, 2023 Report Posted December 4, 2023 15 hours ago, SiP said: My Bro is a truck driver in Chicago. They sent him memoto accept new contract. Guess what, they cut his salary by 3%. Yea, cut salary. Desperate for truck drivers here:
Recommended Posts
Archived
This topic is now archived and is closed to further replies.