Beginning of the end for stock bubble?

Well, if you have been checking the news, you know today was hideous for the global stock markets:

http://www.wsj.com/articles/u-s-stoc...ses-1440159610

Does anyone else think we are about to dip into another recession?

We have printed money and piled up debt, but we have not reached a point where we can pay down debt or where the economy grows so fast that the national debt shrinks as a percentage of GDP.

So, there may be nothing to "prime the pump" with if another recession kicks in. Economists have been warning about this.

So, any predictions on what happens next?

If it goes south, how will progressives blame it on Bush instead of Obama?

Can't panic. Just as much opportunity in a bad market as a good one, for those that know what they're doing. As for what is going on currently, it's the beginning of a market correction. As you said, those who do this for a living have seen it coming for awhile. We've been pumping up the currency for too long and the bubble is bursting. It will continue downward and for those that panic and start dumping shares, I'll have my guys there to swoop in and pick them up on the cheap. The bubble will burst and those with the cajones to ride it out will make out like bandits, just like they always have.

BTW, this is all on Obama.

I'm not talking about the market though.

I mean what happens if we go back to 10% unemployment?

When I said that economists are concerned, I meant that we have nothing left to prime the pump with. We cannot go back to $1.5-$2 trillion annual deficit spending. We have no way to pay that back and possibly no one will loan us the money.

We may soon be entering Greece territory with a national debt that is nearly twice GDP.

What then? How do we get out of the next recession?

I'm not talking about the market though.

I mean what happens if we go back to 10% unemployment?

When I said that economists are concerned, I meant that we have nothing left to prime the pump with. We cannot go back to $1.5-$2 trillion annual deficit spending. We have no way to pay that back and possibly no one will loan us the money.

We may soon be entering Greece territory with a national debt that is nearly twice GDP.

What then? How do we get out of the next recession? Originally Posted by ExNYer

I'm sure we will have the age-old debate of tax cuts vs federal spending. I don't personally think you can spend your way out of it or we would have already done that by now. If deficit spending were the answer, we'd be good to go and we aren't. I think reducing the tax rates would be a start. On individuals, small business, etc. What drives economic activity? Do those things; reduce tax rates across the board on investment, income, etc.

I'm not talking about the market though.

I mean what happens if we go back to 10% unemployment?

When I said that economists are concerned, I meant that we have nothing left to prime the pump with. We cannot go back to $1.5-$2 trillion annual deficit spending. We have no way to pay that back and possibly no one will loan us the money.

We may soon be entering Greece territory with a national debt that is nearly twice GDP.

What then? How do we get out of the next recession? Originally Posted by ExNYer

We never really left 10% unemployment. The Labor department just cooked the books by changing the metrics by which they measured. I think I brought this up a couple of months ago when I was discussing my declining 401K despite weekly contributions. I remember the Baby Killer openly showing his ignorance of all things economic. Well, my 401K is still declining and now the graph pretty much shows it off. To jog your memories, my 401K was holding steady for about four or five months. That is next to zero growth despite weekly contributions. That shows that the market is dropping in reality despite the appearance of an increase. That steady (but zero growth) trend has now become a downward trend in the last month. The purpose of a 401K is not to accrue money but to show profit. My 401K shows that profit as an area of green above the line which denotes actual investments. That green area is half of what it was six months ago. At the current rate I will be back to my actual investment in a couple of months. As I said then, the market is failing and it is being hidden with tricks of the system.

No one here knows when (or IF) this will turn around but this is Obama's baby. So break out those knee pads left wingers. You're going to have to do a lot of praying that your guy suddenly becomes competent.

Soros is doing just fine... Ozombies are HAPPY!

Soros is doing just fine... Ozombies are HAPPY! Originally Posted by IIFFOFRDB

what NO ..... D O C ?

what NO ..... D O C ? Originally Posted by MC19

you stink. and you flunked middle school English.

Is your government job socialist, you are guarantee a paycheck and health insurance?

hmm. who do we have here? has one of our fav's re-invented himself with another handle?

kinda sounds like woomby doesn't it? maybe EVA? who was it that had that bushism in their tagline that is now conspicuously absent?

you know the one ..

Rarely is the question asked: Is our children learning?
George W. Bush

hmm..

Well it looks like the rich don't always get richer. Sometimes they get poorer:

http://www.bloomberg.com/news/articl...t-rout-deepens

$182 billion lost by 400 billionaires in a SINGLE week? Ouch.

That's $455 million EACH in a week.

They're actually in the red for 2015:
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"Friday’s losses put the world’s richest 400 into the red for the year to date. They’re now down $74 billion in 2015, with a collective net worth of $3.98 trillion."
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So, how long until it hits the rest of us?

Don't worry the conservatives on this board have so much money this little hit won't bother them.

I knew as soon as I saw this thread, JD and his goddamn 401k would make an appearance. I really hope you have more than a 401k to retire on, especially with where the govt is capping pre-tax contributions nowadays. How is your YTD looking against 10-year bonds? How long has it been since you rebalanced?

That steady (but zero growth) trend has now become a downward trend in the last month.

. Originally Posted by JD Barleycorn

In stock market investing....if you think one month is a trend you need to get out of the market. If you did not lose 100k in the last two days you don't have much in the market anyway not that we figured you did....I mean if your monthly contribution could offset any decline you really have nothing more than grocery money in there.

No one here knows when (or IF) this will turn around but this is Obama's baby. So break out those knee pads left wingers. You're going to have to do a lot of praying that your guy suddenly becomes competent. Originally Posted by JD Barleycorn

Falling gas prices soon to come will be a benefit to most Americans. Partly can be attributed to getting the Iranian on line but for the most part Obama can not take credit for that. But that will give folks more money to spend which will be a net good , unlike a war with Iran would be.

I'm not talking about the market though.

I mean what happens if we go back to 10% unemployment?

When I said that economists are concerned, I meant that we have nothing left to prime the pump with. We cannot go back to $1.5-$2 trillion annual deficit spending. We have no way to pay that back and possibly no one will loan us the money.

We may soon be entering Greece territory with a national debt that is nearly twice GDP.

What then? How do we get out of the next recession? Originally Posted by ExNYer

We do not need anyone to loan us any money. We print the world's currency, and as long as the other stupid motherfuckers are dumber than us, we can continue to do so.

What does the world have can't do without?
Stocks go up and down all the time - buy a few good ones and otherwise invest in yourself and your love for your family, then just eat, drink, and be merry.

We do not need anyone to loan us any money. We print the world's currency, and as long as the other stupid motherfuckers are dumber than us, we can continue to do so.

What does the world have can't do without?
Stocks go up and down all the time - buy a few good ones and otherwise invest in yourself and your love for your family, then just eat, drink, and be merry. Originally Posted by DSK

I agree with DSK.

btw The Greeks gave up their ability to work themselves out of a whole by giving up their currency and relying on the EU.

I agree with DSK.

btw The Greeks gave up their ability to work themselves out of a whole by giving up their currency and relying on the EU. Originally Posted by WTF

Yes, they did - if we are ever stupid enough to give up our currency, we will be as fucked as them. I think they realize that now - control of the money is key.

Ironically, that is why I don't mind your workers sending their money to Mexico - it just further legitimizes our dollar hegemony. In a way, they are working for free since we just print the money anyway. Poor bastards.