Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
A response to a "Are we in a stock market bubble?" question from 1 year ago:
"The stock market is not in a bubble. Today is no different than 20% of the time in the entire history of the stock market. This rally is normal.
What we have is a debt bubble. The rising debt is the stimulus funding the rally on Wall Street. QE1, QE2, QE3, Operation Twist, bailouts, handouts, and now $85 billion injected into the system every month. Hmm, I wonder if there is a coincidence between enormous debt creation and 43 new highs in the Dow this year?
No, the stock market is not in a bubble. It is reacting normally to new injections of cash and buyers. The debt bubble, however, is a different matter. These things end badly, historically. Eventually, somebody has to pay the Piper."
Bee, Why are you posting something a year old --- did you look at your link? am I missing something? --- and which was not true then and less so now? Whose debt bubble? As a percentage of GDP? What? All too widespread, and wrong, way of thinking about these things.
Bee, Why are you posting something a year old --- did you look at your link? am I missing something? --- and which was not true then and less so now? Whose debt bubble? As a percentage of GDP? What? All too widespread, and wrong, way of thinking about these things.
You're a funny guy...or maybe just less informed.
For those interested in understanding the credit/debt cycle here's a (presentation by Ray Dalio) and here's to a beautiful deleveraging:
Bee, Why are you posting something a year old --- did you look at your link? am I missing something? --- and which was not true then and less so now? Whose debt bubble? As a percentage of GDP? What? All too widespread, and wrong, way of thinking about these things.
You're a funny guy...or maybe just less informed.
Certainly not the former and most definitely the latter.
Mona, you still around?, they missing me at Vanguard Advisers? Count the # of times they mention me....Any Good tips from my Man Dan the Vanguard Man? Not much here...
Mona, you still around?, they missing me at Vanguard Advisers? Count the # of times they mention me....Any Good tips from my Man Dan the Vanguard Man? Not much here...
Comments
"The stock market is not in a bubble. Today is no different than 20% of the time in the entire history of the stock market. This rally is normal.
What we have is a debt bubble. The rising debt is the stimulus funding the rally on Wall Street. QE1, QE2, QE3, Operation Twist, bailouts, handouts, and now $85 billion injected into the system every month. Hmm, I wonder if there is a coincidence between enormous debt creation and 43 new highs in the Dow this year?
No, the stock market is not in a bubble. It is reacting normally to new injections of cash and buyers. The debt bubble, however, is a different matter. These things end badly, historically. Eventually, somebody has to pay the Piper."
reference:
https://answers.yahoo.com/question/index;_ylt=A86.JySc1.dU1RkAEoEnnIlQ?qid=20131130115932AAATw2e
Why are you posting something a year old --- did you look at your link? am I missing something? --- and which was not true then and less so now? Whose debt bubble? As a percentage of GDP? What? All too widespread, and wrong, way of thinking about these things.
Where are they now? The skeptics at 10,000? The worrywarts at 12,000? The Naysayers at 15,000?
Obviously, the stock market has reached a new permantly high plateau.
For those interested in understanding the credit/debt cycle here's a (presentation by Ray Dalio) and here's to a beautiful deleveraging:
economicprinciples.org/
Regards,
Ted
Certainly not the former and most definitely the latter.
Yup, we are all missing you.
When will you return?
Best Regards,
Mona