I doubt recession is coming for a couple years, maybe early 2017. The problem is it will be much worse than the usual one, not as bad as 2008/09 but bad.
Both chortling with glee over the demise of the middle class and both dtf.
Here's the deal with bizwiz. She's got a nice little body, but every stock she touts is a fraud all the way.
Why do you think he will close the fund? Can't he just keep going forever and basically run it as a hobby if AUM is just his own money?
You must not have seen this question before so I'll ask it again. How much do we have to pay your heirs for you to agree to commit suicide by jumping off Multnomah Falls?
Yes, this is exactly why the break will be so terrifying when it happens. 10% is such an important number. If we ever saw that it would be an indication the Fed has lost control and the crash would be frightening to say the least.
He's undoubtedly right there will be a major crash at some point relatively soon. Doesn't matter, his fund has lost so much it won't ever make up for lost time.
Exactly. We're now at the point where everybody knows that if SPY sells off 10%, it's going down 40-50%. So, keep it from going down 10%.
No I am continuing to move my trailing stops up. I do not see any scenario where the Fed loses control but I admit there is a 0.00000000000001% chance of a 5% correction.
No chance of a 5% correction ever again. It'll be met with more and more QE all the time. The market as a whole is simply TBTF now. They cannot ever let it drop.
How much would we have to pay your heirs for you to jump off Multnomah Falls?
You better hope this bubble keeps going because if it pops, the little guy gets killed by the ripple effect just like 2009.