Bull market in view after S&P 500 hits fresh year-high

goat said:
Back in the '90s, a lot of my friends were day traders, they hated life and anyone around them. I kept telling them that Greenspan and his derivatives were going to bankrupt them. It took a while but most of them lost everything.
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Doubling down on bad hands always in the end leads to disaster.

Had these fucks bothered to get themselves educated they would have likely avoided BIG PAIN.
 
Joe Capitalist said:
The thing is, when a President cuts taxes and doesn't reduce spending like Trump did, the debt increases. It's like a guy maxxing out his credit card to show his girlfriend a good time so she'll like him more. And then passing that debt on to his kids.
Republicans claim they're fiscally conservative but over there last 50 years, Republiclown presidents have increased the debt more than Dems at almost a 2:1 ratio.
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Yep. I think of it as a guy asking his boss to cut his salary, but he keeps spending the same amount and goes deeper and deeper into debt. Either way you compare it, it's stupid fiscal policy that only benefits the uber wealthy. The rest of us -- and our kids and g-kids -- get to pay it back.
 
Callinectes said:
Why did the fed raise interest rates? Why do they keep on raising interest rates? Will this foretold bull market bring down prices on virtually everything, at least to Trump levels? No. And this is the primary concern of people not in the investor class. Prices are too damned high. And they won’t decline significantly in your “bull market”.
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You are correct. The Market is always in inverse proportion to the economy.

The Market often soars when the price of oil is inflated due to speculation. Meanwhile, the consumer suffers at the pump. And everywhere that transportation is key to delivering a product. Heavier items such as building materials increase in price.


Corporate profits are at an all time high, as they increase dividends and CEO pay. Share buybacks are at an all time high as well.

As long as the morons keep pointing fingers at Biden, these whores are free to rape us with impunity.

If you have to ask about interest rates, then you wouldn't understand the answer. Unless you are living paycheck to paycheck, then high returns on safe investing should make you happy.
 
Callinectes said:
Why did the fed raise interest rates? Why do they keep on raising interest rates? Will this foretold bull market bring down prices on virtually everything, at least to Trump levels? No. And this is the primary concern of people not in the investor class. Prices are too damned high. And they won’t decline significantly in your “bull market”.
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The Fed raises interest rates to slow down the economy and stop inflation.
If the Fed doesn't raise interest rates the prices will keep going higher and at a faster rate.

The Fed raising interest rates causes the market to go down.
The market is up in anticipation of the Fed stopping raising rates and likely will be reducing rates.
 
ThatOwlWoman said:
Bear in mind that "goat" believes that 9/11 was committed by Israel. It's not the only insane thing the weirdo espouses.
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Goat has some very strange conspiracy theories. He's one of those guys who thinks everybody's out to get him. Especially the government.
Paranoia is a very debilitating mental disorder.
 
Doc Dutch said:
He also believes buildings were brought down by explosives, not fires or aircraft.
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You're joking. Goat is that far gone?
He probably also believes that Trump won the 2020 election and the Moon Landing never happened.
Amazes me what some people swallow as true. His friends and co-workers must think he's a loon.
 
Joe Capitalist said:
Goat has some very strange conspiracy theories. He's one of those guys who thinks everybody's out to get him. Especially the government.
Paranoia is a very debilitating mental disorder.
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Yep. Notice that his favorite thread includes two other paranoiacs of his ilk -- Hawkeye and his gf Toxic TOP. Turds of a feather...
 
Doc Dutch said:
He also believes buildings were brought down by explosives, not fires or aircraft.
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What is a derivative and why is it legal?
What is a buyback and why is it legal?
What is a put option and why is it legal?

Show the class how much you know about the markets.
 
ThatOwlWoman said:
If you use credit cards, do you pay them off in full every month?
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I for one take pride in paying the complete statement balance at the latest point reasonable(usually about a week before the due date). That way, I get an interest free revolving credit. Yes, I am aware that I can be "too Jewish." :-P

Althea said:
LOL. Doesn't everybody? ;)

Further, I typically get 3%-5% back in rewards. Sometimes as much as 10%-20% for special offers.
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You get 1%-5% back, and consumer guarantees like money back. You even get the ease of use of credit cards. It is great.

And who pays for it all? People who go into credit card debt, and people who refuse to use credit cards. I feel guilty that the system is taking money from them, and giving it to me... But they do not seem willing to do anything about it, so I doubt it will change.
 
goat said:
3/5 of the S&P are zombie companies kept buoyant by taxpayers. The markets get an endless supply of money from the fed. Obama signed it into law.
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Quantitive easing was never a law. It was not enacted by Obama, but rather by the Fed. It is being unwound through quantitive tightening.

So rather than an endless supply of money, the Fed is literally hoovering up the money is handed out before. The new money being loaned is at very high rates, partly because the government is borrowing so much rather than tax people.

If 60% of the S&P 500 were zombie companies, they would be collapsing now with those higher interest rates.

goat said:
The truth hurts but the fact is Obama had Wall Street by the balls but decided to give it an endless supply of taxpayer money instead. Again, 3/5 of the S&P are zombie companies.
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You are lying, so not stating the truth.
 
Poor Richard Saunders said:
The Fed raises interest rates to slow down the economy and stop inflation.
If the Fed doesn't raise interest rates the prices will keep going higher and at a faster rate.

The Fed raising interest rates causes the market to go down.
The market is up in anticipation of the Fed stopping raising rates and likely will be reducing rates.
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Exactly.
 
Poor Richard Saunders said:
The Fed raises interest rates to slow down the economy and stop inflation.
If the Fed doesn't raise interest rates the prices will keep going higher and at a faster rate.

The Fed raising interest rates causes the market to go down.
The market is up in anticipation of the Fed stopping raising rates and likely will be reducing rates.
Click to expand...

Exactly.
 
Joe Capitalist said:
You're joking. Goat is that far gone?
He probably also believes that Trump won the 2020 election and the Moon Landing never happened.
Amazes me what some people swallow as true. His friends and co-workers must think he's a loon.
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Yes. Mostly in the War Zone. Lots of talk about 9/11, Bldg.#7, etc. The full Loose Change bit. Very wacky. He was sincere too since I discussed it with him both often and at various times of day and days of the week.
 
goat said:
What is a derivative and why is it legal?
What is a buyback and why is it legal?
What is a put option and why is it legal?

Show the class how much you know about the markets.
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Don't know, don't care. Accountants are office jockeys whom I hire just like the maid. I don't know the best way to clean an oven either, but I have no doubt I could look it up.
 
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