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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (1032)9/12/2018 1:09:05 PM
From: elmatador  Read Replies (2) | Respond to of 13801
 
There's a general feeling there is a correction coming and people are concerned it will not look good.



To: John Vosilla who wrote (1032)9/12/2018 3:14:44 PM
From: Elroy Jetson  Read Replies (2) | Respond to of 13801
 
President Trump urges all citizens in North and South Carolina to remain in place, claiming the hurricane Florence evacuation hype is "just another global warming hoax".

To prove his point Trump has a 9:17 am tee time this coming Saturday at the Sea Scape Golf Club located near historic Kitty Hawk on the Outer Banks of North Carolina.

"I'm in top shape so I'm not afraid of a little rain
," Trump smirked, "I'm hoping to see all of my supporters this coming Saturday on the Outer Banks, just off the North Croatan Highway."

"Dpn't let the crooked Carolina Highway Patrol, who are so biased, try to stop you from joining me this Saturday."

Trump practicing at the Sea Scape golf links with 'hurricane' Florence in the distance. The adjoining Croatan highway is named for an English Colony which was never seen again.



To: John Vosilla who wrote (1032)9/12/2018 6:22:03 PM
From: robert b furman1 Recommendation

Recommended By
elmatador

  Read Replies (1) | Respond to of 13801
 
Hi John and el,

I'd like to share a story in my family.

I have never had children - my wife's sister had two boys.

She married a self made attorney ,who took off from law school to ride Chicago city garbage trucks to pay his way through law school. A sharp hard working real life great guy!
He now has a big Chicago law firm job as the top guy . They had two boys - both went to college.

One flunked out and lived at home and pursued a teaching masters degree which he got and never used, as along the way he got a good job and worked hard and is doing well. He married a very disciplined wife who pursued and accomplished a high degree in nursing certification.

As young man he never got excited about much - got his driving license at 18!

Now at 32 he and his wife have a condo in downtown Chicago - they've loved the great urban life of Chicago.

Now just recently they are considering selling their condo and looking to buy out in the suburbs read that they're, planning a to have a family.

These millenials have been over nurtured , but when love and family making becomes important - it kicks in the buying habits that past generations also experienced.

College loans, living in Mom and Dads basement, blah blah blah - it all comes from over nurturing our kids.

It delays the individual from becoming a big consumer = homes , minivans ,soccer leagues and education.

It is alive and well , but delayed.

That's good, cuz the poor SOB's will be having a full retirement age in the mid 70's before it is all over and done with!

God Bless the USA !!

Bob



To: John Vosilla who wrote (1032)9/14/2018 8:47:58 AM
From: elmatador  Read Replies (1) | Respond to of 13801
 
Hurricane Correction forming. Path of Hurricane Correction is very much debated.

Will it hit Italy?

China?

The US?

Fact is people sense te hurricane is out there but do not want to contemplate its destruction.

The SP500 looks on the edge of a classic bubble formation and the DOW is approaching its highs:



The Dow repair is nearly thereCREDIT: ADVFN

QUOTE from John P's Market Laboratory

But the flashpoint for the next crisis is likely to be in Europe, especially Italy, he maintains.

“I think the choice of Europe is…going to have to put [all the debt] on the balance sheet of the European Central Bank,” he said. “If they don’t, then the euro zone breaks apart and we’re going to get a 50% valuation collapse.”

“Greece,” he said, “is a rounding error. Italy is not…. And Brussels and Germany are going to have to allow Italy to overshoot their persistent debt, and the ECB is going to have to buy that debt.

If it doesn’t happen, the debt triggers a crisis in Europe, [and] that triggers the beginning of a global recession”

But, he added, “there are so many little dominoes, if they all start falling, one leads to the next.”

The U.S. economy and markets are doing very well now, but make no mistake—there will be another crisis. Your guess on where or when it will happen is as good as mine.

UNQUOTE

Will it hit Category 5 (Crash) or will turn out to be just a Tropical Storm (Correction)?


we generally refer to a correction as a period where the stock market drops by 10 percent of its value. This is what we saw happen in early 2018. In the past 20 years, the S&P 500 Index has experienced 10 such corrections.

https://www.twincities.com/2018/08/25/your-money-the-difference-between-a-market-correction-and-a-full-blown-crash/


Central Banks Won't Let Markets Crash

It is easy to be a doomster and see control of the central banks slipping away and a massive catastrophic crash unfolding. I was very bearish up to the correction of February. I was missing a puzzle piece. Love or hate them, the Fed, ECB and Bank of Japan really do know their stuff.

They might allow markets to wobble but they won’t let them crash. They have the tools and the credibility to pull that off in all but the more stressful situations. Long gone is the arrogant, ‘here is our policy, suck it up’ attitude of the staircase of tightening that ultimately brought the roof in in 2007-2008. Do many remember that little escapade?

https://www.forbes.com/sites/investor/2018/08/31/central-banks-wont-let-markets-crash/#517b48f675c4