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


To: Winfastorlose who wrote (6687)2/12/2019 8:50:45 PM
From: Kirk ©  Respond to of 26763
 
I always had suspicions of that but I can't recall ever seeing such clear proof as
  1. Krugman's 1998 belief that the internet would be no more economically important than a fax machine.
    and
  2. That his 2008 Nobel presentation about where companies will locate in a global word didn't have the word "tax" for "tax rate" which is one of the most important variables for where major production would locate. AND HAD BEEN FOR WELL OVER A DECADE!

He's not just a useful idiot for the far left but he's Clucking fueless.....



To: Winfastorlose who wrote (6687)2/13/2019 12:14:54 PM
From: Kirk ©  Respond to of 26763
 
While going through some of my more obscure charts last night, I stumbled on and updated this one.

Soaring rates would go with a surge in stocks as money moves from bonds to stocks.....

A guy on my facebook board just gave me a link to a December 6, 2018 Vanguard article that predicted US equity returns of 3% to 5% for the next decade! The S&P is today about where it was then.... and I believe growth estimates are lower.