Thanks! I think....
Printable View
Taking the Feds interest raise out of the equation for now has certainly helped,no denying that--It is a worry though when financials are the only bright spot so far with earnings in the US (they had a pretty sweet deal even in the worst of times)
I ask 2 questions Can they continue to keep postponing the interest rate raise? (repercussions)
And if not,when is the economy (US) going to be good enough to allow it?
Meanwhile money can certainly be made(but easily lost as well) actively managing your capital(as BB mentioned) is smart IMO
Taking the Feds interest raise out of the equation for now has certainly helped,no denying that--It is a worry though when financials are the only bright spot so far with earnings in the US (they had a pretty sweet deal even in the worst of times)
I ask 2 questions Can they continue to keep postponing the interest rate raise? (repercussions)
And if not,when is the economy (US) going to be good enough to allow it?
Until the underlying economy is strong enough to support it(rate rise),the bear will just be in hibernation
Meanwhile money can certainly be made(but easily lost as well) actively managing your capital(as BB mentioned) is smart IMO
Japan might be the best example interest rates near zero since 1996. 20years and counting. Apparently the Japanese govt with its massive debt can't afford a rise in interest rates. Sadly their big stockmarket crash was prior to the interest rate drop. Not sure what to do investing wise. Crazy that economic conditions and earnings are falling while share prices rise.
Not sure I agree with the last part of your statement.
you need to print money during a adjustment which we are going thru now to provide liquidity, as they found out during the depression without liquidity made things worse.
at the moment us dollars are becoming short supply hence why I believe they will need to start printing again to provide the liquidity
These things are probably beyond my understanding but how will providing cheap finance to speculators to push up asset prices help anything. Also refinancing and capitalising debt could go on indefinitely I suppose but doesn't seem right to me. You borrow money then you should pay it back. The whole idea of money is fast becoming a joke. Real estate or shares really might be the only options but the way things are going with property you will have to borrow a s**tload to get a house. Maybe I should be buying shares from savings and not worry about a crash, might be better than money in the bank unless deflation keeps up its efforts.
S&P is now back at the levels that they were before this thread started. Whether we have bottomed or not is up for debate and there is plenty of that.
So who has been buying during the last 2 months? I'm quite happy to look out 5-10 years minimum so I've been buying the dip and bought the following which in most cases were top ups... ANZ, BABA, BHP, POT and SML.