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Six reasons to be optimistic
Comments
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kennyboy66 wrote: »
6) A Democrat in the white house might mean no more crazy wars.
Woodrow Wilson (Democrat) was President when the US entered the First World War.
F.D. Roosevelt (Democrat) was President when the US entered the Second World War.
Lyndon Johnson (Democrat) was President when the US entered the Vietnam War.
So keep hoping!'Never keep up with Joneses. Drag them down to your level. It's cheaper.' Quentin Crisp0 -
Yes, truly we are very fortunate compared with the majority of people in the world. I think most of the mature ones on here realise that but we do seem to have a number of immature members with chips (or planks) on their shoulders
Never mind, may be they will grow up one day and appreciate their lives.
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Barton Biggs Says U.S., European Stocks Are ‘Very, Very Cheap’
By Nick Baker and Kathleen Hays
Oct. 24 (Bloomberg) -- U.S. and European stocks are “very, very cheap” after the Standard & Poor’s 500 Index lost 40 percent this year, the worst annual drop since 1931, according to Barton Biggs, managing partner at hedge fund Traxis Partners LLC.
“U.S. and European markets have blown out to record levels of attractiveness versus bonds,” Biggs said in an interview with Bloomberg Television. “We’re at very, very cheap levels.”
The S&P 500 trades for 10.9 times estimated profit for the next 12 months, while Europe’s Dow Jones Stoxx 600 Index fetches 7.7 times earnings, according to data compiled by Bloomberg. The S&P 500’s dividend yield is 3.46 percent, compared with the 10- year Treasury yield of 3.67 percent, the data show.
“There is an extreme level of pessimism and almost despair,” Biggs said. “As long as I have been in the business, those have always been good signs.”
Probably true if you can hold ten years and they dont go broke first0 -
Yes, truly we are very fortunate compared with the majority of people in the world. I think most of the mature ones on here realise that but we do seem to have a number of immature members with chips (or planks) on their shoulders
Never mind, may be they will grow up one day and appreciate their lives.
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Nope not at all, I have joy in my heart every day
I am a bit shocked by the aggressiveness shown on this forum though and I feel sorry for many a poster who is leapt upon unjustly. I dont understand why people are like that except that they feel insecure themselves.
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>Obama is just the Man to get words to do the work of guns.<
Except we're dealing with the Muhammadan again. They love death more than we love life; at the core of their cult is the mission to convert or kill every infidel. They can't be reasoned with and they won't stop murdering. Ever.
We're in a last-man-standing war.0 -
Sadly you cant reason with anyone who wont /doesnt want to listen to reason.0
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Sir_Humphrey wrote: »As Churchill said:
Jaw-Jaw is better than War-War.
He may have said it, he certainly didn't mean it.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
amcluesent wrote: »>Obama is just the Man to get words to do the work of guns.<
Except we're dealing with the Muhammadan again. They love death more than we love life; at the core of their cult is the mission to convert or kill every infidel. They can't be reasoned with and they won't stop murdering. Ever.
We're in a last-man-standing war.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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