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Is the stock market over heating?
Comments
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I can't wait to see itgrizzly1911 wrote: »Why?
- Because until it happens I think it will hang over us continually and get very boring.
- Also I'm being selfish as I have moved quite a bit to cash, have a big TRoy Trojan which should ride the storm, and if a big drop occurs I can bail back cheap into Indonesia, Africa and Philippines which I think will recover quickly.
- And, if it signals the end of the Euro (or is a reaction to the end of the Euro) my spanish family may get the chance to rebuild their lives.
And all you young guys will have time to recover your wealth anyway
This is where Grizzly tells me he is 94 :rotfl:I believe past performance is a good guide to future performance :beer:0 - Because until it happens I think it will hang over us continually and get very boring.
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gadgetmind wrote: »Recessions are good for burning off the "dead wood" and making the companies that survive more efficient.
A friend of mine calls this process when applied to excess employees as "dew*nkerisation"!
your friend sounds a bit of a w*nker0 -
I can't wait to see it
- Because until it happens I think it will hang over us continually and get very boring.
- Also I'm being selfish as I have moved quite a bit to cash, have a big TRoy Trojan which should ride the storm, and if a big drop occurs I can bail back cheap into Indonesia, Africa and Philippines which I think will recover quickly.
- And, if it signals the end of the Euro (or is a reaction to the end of the Euro) my spanish family may get the chance to rebuild their lives.
And all you young guys will have time to recover your wealth anyway
This is where Grizzly tells me he is 94 :rotfl:
No but unfortunately nowhere near as young as I once was.;)"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
sabretoothtigger wrote: »value is due to drop still further on many things most likely. Good news for exporters ?
If a weak currency was all that was needed for exporters, Britain would be the biggest exporter in Europe, (Pound fallen 20% against the Euro since it was introduced) and Zimbabwe would be the biggest Exporter in the world.
Reminds me of the cartoon with Sir Mervyn King in the driving seat of a car, foot to the floor, the engine is screaming, the fuel tank on empty, but going nowhere because the gearbox is broke.
Britain needs a simplified legal and tax system, its workforce educated in productive subjects, better infrastructure, lower fuel and utility prices etc etc to compete. Sir Mervyn King has said there are limits to what economic policy can achieve. But the Government doesn’t appear to have listened. Their only policy appears to be trash the currency.
The scale of money printing is already breathtaking. Just think how much £375 billion actually is. And that is extra cash sloshing around the system. When shares are bought with it, its still in circulation. The seller still has it to pump into something else. This extra £375 billion.is flying round like a dog chasing its tail. So we have the unprecedented situation where asset prices are rising at a breathtaking pace when the long term economic outlook has never looked worse.“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
gadgetmind wrote: »Thin at one end, much much thicker in the middle, and then thin again at the far end. That's my theory.
You are Miss Anne Elk and ICMFP.IANAL etc.0 -
doughnutmachine wrote: »your friend sounds a bit of a w*nker
It's nice that you go to know him really well before leaping to a conclusion like that.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Stock market investors think they are on a one way bet.
If the economy improves, shares will rise.
If the economy doesn't improve, Bernanke will print more money and shares will rise
As Warren Buffett said, it will be the shot heard around the world the day Bernanke hints at anything else. By the way, Mr Buffett is not dancing right now. Berkshire Hathaway is sitting on a record $49bn in cash.
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100024618/schizophrenic-investors-expect-slump-bet-on-boom/“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
Glen_Clark wrote: »Britain needs a simplified legal and tax system
Yes.its workforce educated in productive subjects
Oh, yes!
And thrice yes.better infrastructure, lower fuel and utility prices etc etc to compete.
For me, education is the most important of these. Any company working in an area that needs scientists, mathematicians or engineers is really struggling to recruit. We're happy to educate people in job specific skills, but far too many of the meagre numbers of candidates we get from UK universities seem to have somehow avoided learning the basics.
Maybe, just maybe, getting a 1st class degree isn't as hard as it used to be?
Compared to recruiting, tax and infrastructure and lesser issues. Visiting our offices in India is a great way to see how to really mess it up!I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Glen_Clark wrote: »Stock market investors think they are on a one way bet.
Um no.
http://en.wikipedia.org/wiki/Straw_man
Anyone who's been investing in equities for more than a couple of years knows what a wild ride it's been in the past and will be in the future.
Equity investors are not "complacent" or "sleep walking" or "blind to the disconnect between markets and economies" or any of that rubbish.
Equity investors do not expect prices to keep rising (nor do we want them to!), nor do we not expect corrections, nor do we expect to make a fast buck.No, we expect equities to carry on doing roughly what equities have done in the past, but only when viewed from a distance, with eyes narrowed to mask the short-term jiggery pokery.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
I think thats about our only chance now.gadgetmind wrote: »Yes.
scientists, mathematicians or engineers is really struggling to recruit.
Britain is never going to be able to make the money it used to (allegedly) make from 'financial services'.
And we can't compete on price with countries paying child labourers 20p an hour - There would be Civil War before British workers accepted that again because they have had better. - and with housing costs so high they couldn't survive without top up benefits anyway.
We need to aim for the top, competing with counties like Germany and Switzerland on Quality and Innovation.
Not aiming for the bottom trying to compete with Bangladesh on price.“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0
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