Mish's Global Economic Trend Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mishedlo who wrote (64256)	3/7/2007 12:48:13 PM
From: sea_biscuit	Read Replies (2) of 116555

Good article. Thanks! But mish, everytime we think this is the end of the road, they come up with something. Who would have foreseen that Greenspan would create a housing bubble that would re-ignite the stock-market bubble? It has been tiring to see the market go higher and higher in 2003, 2004, 2005 and 2006, and at the same time to realize that the stock earnings gains are at best standing on shifting sands, and at worst are illusory and fraudulent. People like Ravi Batra have pointed out the bad effects of taking on endless debt, but they have been "wrong" not because they didn't get it right, but because Greenspan and others found yet another band-aid to keep things going for a few more years. But as far as laypersons are concerned, Batra and others like him (e.g. you) were dead wrong and that's that! So what will the charlatans at the Fed do this time? I don't know what it will be, but I know they will come up some ingenious scheme, and by the end of this year, the S&P 500 will be up yet another 5-10 percent from the start of the year. And the party will continue :-((

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next