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View Poll Results: How Serious is this Bear Market ?

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  • The Bear is just a pussycat, there's nothing to be worried about

    10 10.10%

  • This bear has claws and will scratch some chunks out of you but not much

    39 39.39%

  • This bear has real teeth and will bite serious chunks out of your portfolio if you're not careful

    39 39.39%

  • This bear has teerth and claws and is going to do sustained damage

    11 11.11%
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  1. 23-12-2018, 06:51 AM #1
    winner69
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    What impending crash in the US?

    You guys worry far too much. So many experts who look after zillions can’t be wrong

    From @carlquintanilla on Twitter
    Number of major Wall Street strategists who think the S&P will fall next year: Zero.
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    Last edited by winner69; 23-12-2018 at 06:55 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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  2. 23-12-2018, 10:18 AM #2
    hardt
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    Political bears don't bite that hard.

    Defence in REIT, opportunity inbound on the rebound 2019-2020.
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  3. 24-12-2018, 03:31 PM #3
    Vagabond47
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    Quote Originally Posted by winner69 View Post
    What impending crash in the US?

    You guys worry far too much. So many experts who look after zillions can’t be wrong

    From @carlquintanilla on Twitter
    Number of major Wall Street strategists who think the S&P will fall next year: Zero.
    Not sure whether that post was dripping with sarcasm or your honest opinion... What were their track records on predicting the GFC?
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  4. 24-12-2018, 03:49 PM #4
    winner69
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    Quote Originally Posted by Vagabond47 View Post
    Not sure whether that post was dripping with sarcasm or your honest opinion... What were their track records on predicting the GFC?
    No idea how these guys did at predicting the GFC

    I’ve no idea whether there’s going to be a big crash or not in 2019 but the s&p at 1200 wouldn’t surprise me, nor would the NZ50C at 2500. Things have looked weak all of 2018 haven’t they.

    Maybe the question is do we put more credence on the combined wisdom of people on a forum in NZ or the Strategists at the 19 biggest broking / finance companies in the US who think the s&p will go up in 2019.

    However the way Mnuchin is behaving today they’ve probably already changed their mind.
    Last edited by winner69; 24-12-2018 at 04:14 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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