Black Monday

[skid]

interest rates can stay low for ever and I believe they will go lower even maybe negative or qe4 if you like - all good medicine for the adjustment needed

There are plenty of reasons why that is just not true--negative or really low interest is not a good thing--Why do you think the Fed is so keen to raise them?

[bull....]

There are plenty of reasons why that is just not true--negative or really low interest is not a good thing--Why do you think the Fed is so keen to raise them?

considering most people are in debt to finance there assets or toys and only a very few people have no debt as a % of the population world wide, I think most people are rather happy to have low interest rates.

[Nasi Goreng]

considering most people are in debt to finance there assets or toys and only a very few people have no debt as a % of the population world wide, I think most people are rather happy to have low interest rates.

which makes deflation totally intolerable. If the cost of goods come down, and wages to, how is all of that debt going to get repaid? The only way is to inflate your way out of it... which means more QE and low rates.

[bull....]

which makes deflation totally intolerable. If the cost of goods come down, and wages to, how is all of that debt going to get repaid? The only way is to inflate your way out of it... which means more QE and low rates.

there's good deflation and bad deflation at the moment its good deflation so as long as they keep providing liquidity it should remain good deflation therefore wages shouldn't fall.
prices for goods should fall some because input costs of commodities have declined as well as technology changes happening will continue to drive down some goods prices all good - maybe not so for some company profits but that's the market just hope you pick the winners from the losers a

[banter]

I've sold more than I've bought but despite that have had two new equity highs since 'Black Monday'.
Sold AIAL, MRP, HBY; bought SKL, lots of AIR, some STU.
Sold then bought back TWR, HNZ, for small losses.

Would have been better off buying the above and selling nothing.

Well so far.

KW... at what point would you call this correction / bear market over? New highs?
Nice work making 14% this year BTW.

[ratkin]

KW... at what point would you call this correction / bear market over? New highs?
Nice work making 14% this year BTW.

You mean what point does he say he was wrong, and admit we were never in a bear market to start with

[BlackPeter]

You mean what point does he say he was wrong, and admit we were never in a bear market to start with

Don't tell anybody, but I met KW - and she is clearly not a "he" ...

[bull....]

Most excellent read (I recommend you start at this article and read backwards, lots of good stuff to really make you think)
http://www.salientpartners.com/epsil...09/30/rounders

Interesting last article esp the first 2 paragraphs, how true - the rest quickly lost my interest

[skid]

Low Interest rates---quote of the day by Danial Kitson--''The future is not the mystery many think.It is instead the ''slowly accruing consequences of the present''

[couta1]

Bears and Black Mondays bless them all, my portfolio went from minus 19.5% to minus 12% over the last fortnight (That's 100k in dollar terms) and I sold nothing.