Black Monday

[value_investor]

This bull market is about to become historic and may have even more room to run

https://www.cnbc.com/2018/08/14/this...till-has-.html

I think the Americans have borrowed from their future to inject into the present in the form of the corporate tax cut. The conversation should be more on the huge rise in debt in this short term period and how growth will not compensate for it unless they can grow GDP at 5-6%. It really puts the whole thing on a more precarious position going forward now, because a slow down would be exponentially worse for the US.

I take all the articles with a grain of salt from any financial publications that stand to make a profit. Keep in mind that they make their money too in times of chaos. Ratings are generally higher during bear markets and of course one off events.

[janner]

In my view there could be demand for new stocks and overlooked stocks. [/COLOR]

Overlooked stocks .. Maybe... New Stocks ??? From where ???.

[janner]

I think the Americans have borrowed from their future to inject into the present in the form of the corporate tax cut. The conversation should be more on the huge rise in debt in this short term.

All borrowings are from the future ??..

The question has to be... Is there a future if we keep borrowing ??

[BlackPeter]

All borrowings are from the future ??..

The question has to be... Is there a future if we keep borrowing ??

There always will be a future ... it just may look bleak and we may or may not be part of it ;

But yes, it is getting more and more difficult to think about credible narratives with happy ending of how humanity can get rid of the debt mountains many countries and individuals are piling up. Obviously - idiots like Trump and Erdogan are making it worse trying to borrow themselves out of the indebtedness, but haven't yet seen a working alternative concept other than old fashioned "work hard and save" - and this is clearly not popular in populist times and might be for many countries already too late anyway.

[bull....]

wow briefly touched all time high on the 500 and the other big news of the day jp morgan offering free stock trades on its app

[winner69]

Here’s a cool chart with a bog animation

https://twitter.com/dollarsanddata/s...51550209650688

[bull....]

reading and listening to media saying this is the longest bull market in history ? i dont think we are there yet as the s&p 500 hasnt closed above its late jan high

[dobby41]

reading and listening to media saying this is the longest bull market in history ? i dont think we are there yet as the s&p 500 hasnt closed above its late jan high

Obviously if this is the second longest there is a longer one.
If this is the longest now it has happened before and the sky didn't fall.

[JBmurc]

https://www.youtube.com/watch?v=QIELN8C-7bQ

worth a watch exact same is happening here in NZ and around the world

[peat]

If this is the longest now it has happened before and the sky didn't fall.

Um, no.
If this is the longest then it hasn't happened before. Hence some nervousness might be reasonable?

However there's also a theory that new highs are bullish.