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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (139221)2/12/2018 4:44:03 AM
From: TobagoJack1 Recommendation

Recommended By
bull_dozer

  Respond to of 218833
 
re <<Regaining confidence will take time after people have been terrorized by sudden volatility>>

a guess, that the pain has not been of adequate amount.

re <<Yet global markets are still over-priced, especially as interest rates rise.>>

understatement. the bubble dimension is unprecedented.

re <<We know from past bubbles that increases and decreases in home prices have a significant impact on consumer spending but changes in the shares market has an impact at least 85% less.>>

... guessing that be true in locales where folks leverage their homes to buy stuff. in chinese asia / hong kong, and maybe in japan / korea, less so, as households tend not to be leveraged, and certainly not leveraged for consuming. unsure about non-hk.

re <<Rising rates are long overdue for the retired.>>

... suspect 'japan' zirp / nirp still going global, and perhaps the fed's hand shall be stayed on raising rate. market vigilante may ride in, but they would / should also fear to gallop. dunno.

the protocol may not complete until much more retirement savings are xero-ed.

whatever rate rise would be inconsequential to savers, as the market downturn would destroy far faster than any interest earnings can offset.

re <<I wonder is eastern cultures lead people to rely on more often on soothsayers than western culture. Perhaps in eastern culture they people can be open about their reliance on "future tellers" - I don't know enough to be able to say.>>

... i do not know folks relying on soothsayers. but i also do not know many who would deliberately test soothsayers.

marty is not really a soothsayer. he tends to mumble jumble as if he is fortune-telling. he is quite good.

i have not found profit by going against him.