How much longer will this bear market go on for?

Type_45

The +8.2% growth of my portfolio in the month of September is +6.6% when I strip out excess cash saved in that month.

Type_45

U.N. Calls On Fed, Other Central Banks to Halt Interest-Rate Increases

A U.N. agency warns that further policy tightening risks a global economic downturn

https://www.wsj.com/articles/u-n-calls-on-fed-other-central-banks-to-halt-interest-rate-increases-11664809202

masonic

Type_45 said:

U.N. Calls On Fed, Other Central Banks to Halt Interest-Rate Increases

A U.N. agency warns that further policy tightening risks a global economic downturn

https://www.wsj.com/articles/u-n-calls-on-fed-other-central-banks-to-halt-interest-rate-increases-11664809202

I don't think they'll listen. They're too busy walking in the footsteps of Volcker.

sevenhills

wmb194 said:

CS has been performing terribly for a very long time. A weak share price isn't in and of itself indicative of a potential systemic risk we need to worry about. Again, specifics?

It made the main news today. They said similar, share price down 60% but it could be considered stronger than other banks.
Maybe it's worth a punt?

Type_45

sevenhills said:

wmb194 said:

CS has been performing terribly for a very long time. A weak share price isn't in and of itself indicative of a potential systemic risk we need to worry about. Again, specifics?

It made the main news today. They said similar, share price down 60% but it could be considered stronger than other banks.
Maybe it's worth a punt?

I was thinking that today.  Credit Suisse might be worth a punt at this price.

anonmoose

I am sure no one will mind me posting a quick question on here rather than start a new thread.  I have just noticed with some shares that the difference between the buy price and the sell price is massive, why is that?  Is it because the shares are currently in high demand on that trading day?  

I am not buying individual shares just curious.  I am waiting for the book to be out on kindle before I make any financial decisions.

grumiofoundation

Type_45 said:

grumiofoundation said:

Type_45 said:

Another strong day for my portfolio.  Having finished +8.2% in the month of September, just 3 days into October I'm 2.4% up.  These figures include new money added to my biggest asset allocation:  cash.

My other allocations of silver stock (+4.39% today) and gold miners (+1.30% today) combined to enable my portfolio to romp over the line.

Are you saying you just got paid? 

The +2.5% growth of my portfolio this month excludes cash which I will be spending for my bills/living for the month of October.

Since when does a cash allocation only have to be money accrued up to a certain date in the past?  How old does the cash have to be?

Do you not see why people might doubt the financial nouse you boast of when the performance of your portfolio is seemingly dependent on new money being added to it?

Type_45

masonic said:

Type_45 said:

U.N. Calls On Fed, Other Central Banks to Halt Interest-Rate Increases

A U.N. agency warns that further policy tightening risks a global economic downturn

https://www.wsj.com/articles/u-n-calls-on-fed-other-central-banks-to-halt-interest-rate-increases-11664809202

I don't think they'll listen. They're too busy walking in the footsteps of Volcker.

Powell wanting to be Volcker is a fantasy.

Powell is not an economist.  Neither does he have the cajones of Paul Volcker.  And the USA is a totally different economy now.  Back then the US was an industrial powerhouse with far less debt.  Now the US relies on the USD, without which the USA is basically Argentina.

Powell is worth about $150m.  He doesn't need this gig.  He's either doing it for his own "legacy" or he's been put up to it by someone.

Powell will pivot.  

adindas

anonmoose said:

I am sure no one will mind me posting a quick question on here rather than start a new thread.  I have just noticed with some shares that the difference between the buy price and the sell price is massive, why is that?  Is it because the shares are currently in high demand on that trading day?  

I am not buying individual shares just curious.  I am waiting for the book to be out on kindle before I make any financial decisions.

There are two main component
1. A brokers need to earn money
2. Supply and Demand, Liquidity in the market e.g actively traded security will normally have a lower spread

Type_45

grumiofoundation said:

Type_45 said:

grumiofoundation said:

Type_45 said:

Another strong day for my portfolio.  Having finished +8.2% in the month of September, just 3 days into October I'm 2.4% up.  These figures include new money added to my biggest asset allocation:  cash.

My other allocations of silver stock (+4.39% today) and gold miners (+1.30% today) combined to enable my portfolio to romp over the line.

Are you saying you just got paid? 

The +2.5% growth of my portfolio this month excludes cash which I will be spending for my bills/living for the month of October.

Since when does a cash allocation only have to be money accrued up to a certain date in the past?  How old does the cash have to be?

Do you not see why people might doubt the financial nouse you boast of when the performance of your portfolio is seemingly dependent on new money being added to it?

I made 6.6% in September, excluding new money.  I expect to be challenging my ATH by the end of 2022.