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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (17941)3/16/2016 1:58:17 PM
From: John Pitera1 Recommendation

Recommended By
roguedolphin

  Read Replies (1) | Respond to of 33421
 
hi Bob,

Is there ever a good time to raise rates........... so what if you dealer lot is empty and there is a massive building boom going on in many areas of the country and the world.... And property bubbles in London, Sweden, NY city, Houston,

the Left coast and east coast.

The Insurance companies and pension funds can not meet their rate or return objectives in a Zero interest rate world and a Negative interest rate world destroys the Finance models for cap EX expenditure.

John



To: robert b furman who wrote (17941)3/18/2016 10:26:38 AM
From: Chip McVickar  Respond to of 33421
 
You were right of course...

British exit vote - elections in europe - elections here - banks with acid-reflux - mass immigration - municipalities bankrupt - countries with deflationary economies - shall I keep going

What the politicians don't understand is more taxes on everyone is a turn-i-cat and won't solve systemic problems. Subsidies, government infrastructure stimulation and tax breaks to corporations won't stimulate growth.

Confidence is the key... a contractor needs to feel secure he'll find new work in order to purchase a new truck... A wage earner needs to feel they'll have enough extra capital to renovate a kitchen

A country has to have confidence in its currency... messing about in the cat-litter boxes other counties won't solve anything... the stink remains... you have to get rid of the cats ---



To: robert b furman who wrote (17941)3/18/2016 10:41:45 AM
From: John Pitera2 Recommendations

Recommended By
Hawkmoon
roguedolphin

  Read Replies (1) | Respond to of 33421
 
Hi Bob and Chip et al... It would/will be catastrophic for the Markets if the UK leaves the E U.

London is the world's biggest deepest foreign exchange market and their Investment banking activities are equal to New York in so many aspects... If a number of heavy weight Investment and trading banks need to leave the city in London... Brussels...... it will be very very bearish for the Global Capital Markets.....

you Know I saw Doubleline equity fund was closed last week due to heavy inflows and Jeff Gundlach has been really do well with his bond fund.... I would not want to be on the other side of his bet of 2% up and 20% down.. and his statement... that these lines will converge...

===========

This Is Jeff Gundlach's Favorite (& Scariest) Chart
Tyler Durden's pictureSubmitted by Tyler Durden on 03/09/2016 23:00 -0400

According to DoubleLine's Jeff Gundlach, this is his favorite chart - backing his persepctive that equity markets have "2% upside and 20% downside) from here.

In his words: "These lines will converge..."



Chart: Bloomberg

It should be pretty clear what drove the divergence, and unless (and maybe if) The Fed unleashes another round of money-printing (or worse), one can't help but agree with Gundlach's ominous call.

I don't like the idea of a Brexit at all.

John