26-Jan-17 World View -- Dow surges past 20,000, further expanding dangerous Wall Street bubble

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John
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26-Jan-17 World View -- Dow surges past 20,000, further expanding dangerous Wall Street bubble

Postby John » Thu Jan 26, 2017 12:09 am

26-Jan-17 World View -- Dow surges past 20,000, further expanding dangerous Wall Street bubble


China desperately imposes controls on capital outflows

** 26-Jan-17 World View -- Dow surges past 20,000, further expanding dangerous Wall Street bubble
** http://www.generationaldynamics.com/pg/xct.gd.e170126.htm#e170126



Contents:
Dow surges past 20,000, further expanding dangerous Wall Street bubble
China desperately imposes controls on capital outflows


Keys:
Generational Dynamics, Price/earnings ratio, Trump Effect,
Paul Krugman, Law of mean reversion, China, currency controls

Barryobarma

Re: 26-Jan-17 World View -- Dow surges past 20,000, further expanding dangerous Wall Street bubble

Postby Barryobarma » Thu Jan 26, 2017 2:16 am

Markets look forward, so the growth is based on anticipated economic recovery after 10 years of repression recession and regulation.
Plus, all that QE had to come out somewhere, eventually, so here it is. This is the first stage of inflation.

Uber

Re: 26-Jan-17 World View -- Dow surges past 20,000, further expanding dangerous Wall Street bubble

Postby Uber » Thu Jan 26, 2017 11:58 pm

The Chinese have been investing heavily in real estate in Sydney, increasingly so over the past couple of years. They will pay anything for real estate, often getting into ludicrous bidding wars against other Chinese for a crappy Sydney property. The amount is not the issue - it's all about moving the money.

Speaking of idiots, Australian lawmakers do nothing to protect the local market from this foreign investment, because real estate developers and owners are making an absolute killing. Instead they blame un-affordable real estate prices on the poor local schmuck investors who are allowed to claim a few measly expenses against their real estate income. What's wrong with making those claims you might ask? Absolutely nothing of course, but it gives the crook politicians some poor goat to blame for their own corruption.

The average price for a house in Sydney and its suburbs is now north of $1,000,000. Yes, that is the correct amount of zeros. This is completely un-affordable for 99% of the population, just to live in a shitty, overcrowded, gridlocked urban sprawl with no infrastructure.


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