Black Monday

[couta1]

That I totally agree with. Plenty of Noble's like Obama's after he had done nothing etc.

As for Schiller I was just implying that he must be an economist of note. I do vaguely remember the name from some Finance textbooks at University that seemed to quote a lot of a dude named Schiller so he must be pretty good.

Obama was as useless as tits on a bull, he was full of rhetoric and PC feel good talk. PS-Schiller a pretty respected dude in his field.

[Timesurfer]

Interesting report from DHL on the confidence of Kiwi exporters
https://i.emlfiles4.com/cmpdoc/5/8/3...ter-report.pdf

[bohemian]

I'm a fan of Shiller too. See if you like this.
schiller ein schöner tag

[Bjauck]

Obama was as useless as tits on a bull, he was full of rhetoric and PC feel good talk. PS-Schiller a pretty respected dude in his field.

Trump himself would not have been able to say it better.

BBC's reality check on US economy performance under Trump.
https://www.bbc.com/news/world-45827430

[Aaron]

Robert Shiller with the Trump effect and Ray Dalio with a big sag. Nothing too scary up ahead then.

[arc]

Everybody calm down, the recession is years away according to Robert Schiller.

https://www.cnbc.com/2019/10/20/shil...mp-effect.html

Hmmmm
And Berkshire Hathaway has gradually removed 66% of their market exposure and gone cash...

[Leftfield]

Hmmmm....And Berkshire Hathaway has gradually removed 66% of their market exposure and gone cash...

Arc, might be a good idea to check your source for this info as often similar claims are used as click bait and scare tactics warning of an imminent market crash.

A large part of Berkshire's income is related to the insurance industry which requires them to maintain large cash reserves. Here's a link to their latest financial report.

[JBmurc]

Steve Eisman, of 'The Big Short' fame, weighs in on the next big short

https://www.youtube.com/watch?v=XDQYMFKbtvY

[Leftfield]

Steve Eisman, of 'The Big Short' fame, weighs in on the next big short

https://www.youtube.com/watch?v=XDQYMFKbtvY

Thanks for posting....indirectly supports our Reserve Bank's calls for increased capital IMHO.

[Bobdn]

Yes, good post. Interesting. Looks like recession is not bearing down on us just yet.

I just watched this today from Real Vision "The Evolving Role and Value of Gold in a Modern Portfolio". Very good video. Once I make my decision to buy something (in this case gold via Perth Mint Gold fund which only has a 0.15% fee) I then search the internet to reinforce my decision.

https://www.youtube.com/watch?v=4vXgP9Upe8o