How much longer will this bear market go on for?

Type_45

InvesterJones said:

Type_45 said:

2015 also happens to be the previous Shmita year. They happen every 7 years and big things take place on them.

Can you explain why?

I can't and won't try. Only to say that several crashes have occured on those years. And this month is the 2022 Smita. The next one will be in 2029 etc. 

threlkeld53

Type_45 said:

InvesterJones said:

Type_45 said:

Biggest August percentage declines since 2015 for the S&P, Nasdaq and Dow.

https://news.sky.com/story/us-stocks-register-weakest-august-performance-in-seven-years-12686390

This August we've had strong signals on tightening by the Fed, but what happened in Aug 2015?

Haven't looked into it, but wasn't the Chinese economy in difficulty that year?

2015 also happens to be the previous Shmita year. They happen every 7 years and big things take place on them. 

2008 was the previous one to that when the GFC happened. The 1987 crash was a Shmita year.

And 2022 is a Shmita year.

Shmee tah, as it's correctly pronounced in Hebrew, is a Jewish agricultural law. It refers to the custom of leaving land fallow every 7th year. It's widely observed in Israel and has been proved scientifically that healthier and more abundant crops are produced if you rest the land every 7th year. I have no idea if some farmers worldwide implement the same idea.

The Crash 1987, Twin Towers 2011, GFC 2008, Economic woes 2022 all happened in shmee tah years. Purely coincidental. 

sevenhills

threlkeld53 said:

Shmee tah, as it's correctly pronounced in Hebrew, is a Jewish agricultural law. It refers to the custom of leaving land fallow every 7th year. It's widely observed in Israel and has been proved scientifically that healthier and more abundant crops are produced if you rest the land every 7th year. I have no idea if some farmers worldwide implement the same idea.

The Crash 1987, Twin Towers 2011, GFC 2008, Economic woes 2022 all happened in shmee tah years. Purely coincidental. 

Shmita is a year-long Sabbatical practice that was introduced in the Torah and occurs on the last year of a seven-year cycle. The Shmita year began at the turn of the Jewish New Year (Rosh Hashana) on Tuesday, September 7, 2021 (Hebrew year 5782).5 Sept 2021

adindas

https://www.cnbc.com/2022/08/30/jolts-july-2022.html
Job openings top 11.2 million in July, well above estimate and nearly double the available workers

Published Tue, Aug 30 2022.

Nobel Prize-winning economist Richard Thaler mocks claims the US is in recession - and says inflation could fade within a year Fri, August 26, 2022

https://www.yahoo.com/lifestyle/nobel-prize-winning-economist-richard-130151790.html

Key Take away:

• Richard Thaler dismissed US recession concerns, citing low unemployment and lots of job vacancies.
•  The Nobel Prize-winning economist suggested inflation could fade away over the next year.
•  Thaler welcomed wage increases for low-income workers as a way to reduce US inequality.

InvesterJones

sevenhills said:

threlkeld53 said:

Shmee tah, as it's correctly pronounced in Hebrew, is a Jewish agricultural law. It refers to the custom of leaving land fallow every 7th year. It's widely observed in Israel and has been proved scientifically that healthier and more abundant crops are produced if you rest the land every 7th year. I have no idea if some farmers worldwide implement the same idea.

The Crash 1987, Twin Towers 2011, GFC 2008, Economic woes 2022 all happened in shmee tah years. Purely coincidental. 

Shmita is a year-long Sabbatical practice that was introduced in the Torah and occurs on the last year of a seven-year cycle. The Shmita year began at the turn of the Jewish New Year (Rosh Hashana) on Tuesday, September 7, 2021 (Hebrew year 5782).5 Sept 2021

So we're just about to come out of Shmita, and all will be good then right?

Crop rotation/fallowing is a known science - we tend to do up to 4-year in the UK rather than leaving it as long as 7 years. Cover cropping is even better.

GazzaBloom

Pivots, 80% collapses, melt-ups, money flowing from the sidelines and now first mention of Jewish mystical 7 year cycles affecting the global economy.

Have I unplugged from the Matrix and woken up in some nightmare parallel world reality? Should I have taken the blue pill instead?

Or, was I in the real world until I joined this discussion?

Type_45

Hands up if you fell into the bear trap...

InvesterJones

Type_45 said:

Hands up if you fell into the bear trap...

Sorry to hear if you've made another mistake. If people are more into indexes though then they're still about 10% higher than June so if you're a short term.. well I guess trader.. then you're doing OK. Investing should be for the longer term however.

Prism

Type_45 said:

Hands up if you fell into the bear trap...

I never left it, or maybe I never noticed. Except for extra cash I haven't really bought or sold anything for years.

eskbanker

Do bears shmita in the woods....?