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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (1833)8/29/2014 10:46:00 AM
From: Kirk ©  Read Replies (2) | Respond to of 26591
 
I believe the Fed prevented another Great Depression and I have profited hugely in my belief they would succeed by owning stocks and valuable real estate. Sure my cash earned less, but I have a balanced portfolio with the half in stocks more than made up for the loss of interest. I've probably take enough profits out and spent them to make up for a few more years of low rates.
They're not to be trusted under any circumstances, none of them... I cannot believe how gullible and naive the general public really is, they buy political promises every time, the public will never learn, and they get what they deserve...


I do not believe I or those who post on my forum here are "gullible and naive " either.

The only people I know who would benefit from a market collapse and massive deflation ala a depression are those out of stocks or short stocks and either in US Treasuries or cash. Anyone owning real assets from gold, a house or a private business as well as public businesses via stock ownership benefited.



To: GROUND ZERO™ who wrote (1833)8/29/2014 10:52:04 AM
From: Kirk ©2 Recommendations

Recommended By
GROUND ZERO™
toccodolce

  Read Replies (1) | Respond to of 26591
 
Now if you want to talk about gullible and naive, that is what I call those who thought the US should emulate Europe with their massive welfare system.
Euro zone inflation continued to fall in August, with consumer prices rising just 0.3% Y/Y, well below the ECB's target of just below 2%. The new figures released by Eurostat boost expectations that the central bank will announce further stimulus measures, and will likely result in lively discussion at the ECB's Sept. 4 policy meeting next week.
I shared "bond timer of the Year" at Timer Digest last year for being bearish on bonds.... but this year I sure missed the bullish move for bonds as money seems to be pouring out of Europe into US bonds seeking better yield here as those economies try to not collapse.

Notice how German BMW built a huge plant in NC after it became very company friendly... The US could suck a ton of high paying jobs out of crashing Europe and Bubble China if we would eliminate or greatly reduce the corporate tax while eliminating most all deductions for the very wealthy CEOs so they pay the same taxes on income over $1M be it be from carried interest, stock options, stock gains in companies they own, or straight salary.