Surprise everyone! Warren buffet,owner of billions in stocks, says stocks are not dangerously overvalued at this time!!! my question is, does warren or anyone else have any other choice, given what the fed has done to our bond market with qe in response to our continued u.s. Depression? yes, we are in a depression, based on the amount of consumer and student loan debt that us residents currently have. and, it is just getting worse because the us gov. Will not budge in letting student lown owners off the hook for 8% loans that were written 10 and 15 years ago. so, just kiss the u.s. Economy away as it will do no better than follow slightly to what happens over-seas. look what the fed has done!!
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Well, she sure laid an egg on the market today.
Will DIA cost traders more than 200% in losses? I am not wasting my time watching; I am using Ultimate Stock Alerts (look for them in Google search) instead
Looks like 19,000 could happen, DIA lagging a bit behind QQQ, SPY but it usually does.
I suspect - the idea is to goad the masses into putting more money into stocks.
With stocks investing - you can lose it all without recourse.
When bill gross comes out of nooner and speaks on public tv (cnbc and bloomberg), just be aware that the fed and fomc told him to go on cnbc and bloomberg at that time of that specific day and date. it's to move the bond market or stock market or both.
We are advising all of our high net worth clients to dump all asian & euro equities at this time, due to greece mess coming this week. it's a ticking bomb. if greece is saved, it takes down eurozone. if greece goes, it becomes a nest for isis. you heard it here first. just go to cash and only hold highest of quality u.s. Equities at this time.
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