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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (1032264)10/2/2017 7:32:12 PM
From: John Vosilla2 Recommendations

Recommended By
Mick Mørmøny
TideGlider

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There's no avoiding the reckoning now, but they sure can kick that can down the road a long time. It's a marvel to watch.

Central bankers globally doing the same thing in most of the advanced countries. Looking at even China and Australia where yield curve flat to inverted for a while now doesn't seem to want to crack the asset markets much. Guessing several years of flat yield curve eventually puts too much pressure on financial's leading to more risk taking and the inevitable.

10 year treasury at anywhere near 2.25% in the US coupled with $2.50 gas prices and few weak highly leveraged homeowners today compared to back in 2004-07 can keep the party going a long time. A few are now talking 2024-26 (after end of 18 year RE cycle) till the real depression with possible minor recession around 2020..

Personally starting to sell the RE (should be done in 3-4 years) in part due to the tenant base getting worse each year plus weather exposure in my state but I have an old business model to buy, fix and flip foreclosures just ride out the rest of this cycle staying in the hunt.

I know last time went mostly to cash by mid 2006 but CD's were like 5% then. Now is best be very defensive so agree with you there. Not safe even shorting as this slow steady move up for the averages could go on for years. If there was a big crack similar to commodities 2015 might it be related to Bay Area all everything bubble just collapsing driving down NASDAQ and housing prices in a major way causing ripple effects across the nation??
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