Financial topics
Re: Financial topics
In the past when Warren Buffet has had a bunch of cash and said, "I can't find anything I would like to buy", it has been a market top. He has cash and is saying that again.
http://www.financialsense.com/contribut ... market-top
http://www.financialsense.com/contribut ... market-top
Re: Financial topics
So now I don't know what to think...
http://www.hussmanfunds.com/wmc/wmc130923.htm
http://www.hussmanfunds.com/wmc/wmc130415.htm
Re: Financial topics
Why Stock Markets May Be Lagging Indicators
from Asia Confidential
http://www.zerohedge.com/contributed/20 ... indicators
"Socionomics suggests social mood - what happens in society as expressed in the arts, music, mores, fashion and so on - drives stock markets which in turn drives economies. Put another way, what happens in society is a lead indicator for market price action. This theory turns conventional wisdom - purporting that economies drive stock markets and social mood - on its head."
"The assumption behind these discussions is that economies drives stock markets, or conversely that stock markets lead economies. These things are drilled into MBA students and throughout the financial profession."
"Socionomics says these discussion miss a key element. In fact, that the cause and effect implied is all wrong. The theory says that social mood drives human action, which drives stock markets, economies and much more. If people are feeling increasingly optimistic, they'll increase their productivity, which results in improved GDP. They'll also be more inclined to invest money in risk assets such as stock markets. In other words, social mood is a lead indicator for market risk appetite."
"happy people make for happy bedrooms" ------- comment ------- how many countries have demographic issues -- fewer young people and children? and what are those countries general economic trends?
"And in our neighbourhood of Asia, I've mentioned the depressing social mood in India, well before the recent currency crisis. In China, disgust at Communist Party corruption and the ostentatious display of wealth by party officials and businessmen has been apparent for several years. And it may explain the terrible performance of China's stock market, still down more than 60% from the 2007 peak."
comment ---------------- Why has there been so much manipulation of statics by governments? Such as HOW they figure the unemployment rate, the GDP, the inflation rate, etc.? -- to change the mood of the people?
-------------------------------------------------------
A personal observation, ---- over the years I have spent time in US art galleries, where original art is sold and priced from under a thousand dollars to over two hundred thousand dollars. I have asked on numerous occasions how is business, and have been told recently and repeatedly business is down. Since when? Since 2008. ----- comment ---- what happened in 2008? -- the idea of "you did not build that". ---Question. Who generally buys high priced art? Who generally expands business by hiring and capital improvements? Who is the major creator of new jobs?--- What was the initial reaction to the idea of "you did not build that" by the ones who build? ---- hmmmm, Going Galt? --- socionomics?
from Asia Confidential
http://www.zerohedge.com/contributed/20 ... indicators
"Socionomics suggests social mood - what happens in society as expressed in the arts, music, mores, fashion and so on - drives stock markets which in turn drives economies. Put another way, what happens in society is a lead indicator for market price action. This theory turns conventional wisdom - purporting that economies drive stock markets and social mood - on its head."
"The assumption behind these discussions is that economies drives stock markets, or conversely that stock markets lead economies. These things are drilled into MBA students and throughout the financial profession."
"Socionomics says these discussion miss a key element. In fact, that the cause and effect implied is all wrong. The theory says that social mood drives human action, which drives stock markets, economies and much more. If people are feeling increasingly optimistic, they'll increase their productivity, which results in improved GDP. They'll also be more inclined to invest money in risk assets such as stock markets. In other words, social mood is a lead indicator for market risk appetite."
"happy people make for happy bedrooms" ------- comment ------- how many countries have demographic issues -- fewer young people and children? and what are those countries general economic trends?
"And in our neighbourhood of Asia, I've mentioned the depressing social mood in India, well before the recent currency crisis. In China, disgust at Communist Party corruption and the ostentatious display of wealth by party officials and businessmen has been apparent for several years. And it may explain the terrible performance of China's stock market, still down more than 60% from the 2007 peak."
comment ---------------- Why has there been so much manipulation of statics by governments? Such as HOW they figure the unemployment rate, the GDP, the inflation rate, etc.? -- to change the mood of the people?
-------------------------------------------------------
A personal observation, ---- over the years I have spent time in US art galleries, where original art is sold and priced from under a thousand dollars to over two hundred thousand dollars. I have asked on numerous occasions how is business, and have been told recently and repeatedly business is down. Since when? Since 2008. ----- comment ---- what happened in 2008? -- the idea of "you did not build that". ---Question. Who generally buys high priced art? Who generally expands business by hiring and capital improvements? Who is the major creator of new jobs?--- What was the initial reaction to the idea of "you did not build that" by the ones who build? ---- hmmmm, Going Galt? --- socionomics?
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Re: Financial topics
I don't see that pattern now (but did see it earlier in the year), however there is something in the works similar to the pattern at the 2007 top, only shorter. At the 2007 top, there were 3 higher peaks from June 1 to July 19 to October 11. At present we are worrking with 3 higher peaks from July 23 to August 2 to September 19. Both instances were accompanied by a deteriorating AD line as prices bumped higher, the only 2 deteriorations accompanied by a bumpy rising plateau in the past 7 plus years.vincecate wrote:This seems very impressive evidence of a crash by November. However, Hussman said the same thing earlier except that it was for a crash by May.
So now I don't know what to think...
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
Re: Financial topics
“The ultimate test of a moral society is the kind of world that it leaves to its children.”
Dietrich Bonhoeffer
Dietrich Bonhoeffer
Re: Financial topics
How do the few overcome the many?aedens wrote:“The ultimate test of a moral society is the kind of world that it leaves to its children.”
Dietrich Bonhoeffer
Re: Financial topics
?
Make promises to gullible people, and keep the population divided and distractedgerald wrote:How do the few overcome the many?aedens wrote:“The ultimate test of a moral society is the kind of world that it leaves to its children.”
Dietrich Bonhoeffer
Re: Financial topics
http://www.newgreatgame.com/excerpts.htmgerald wrote:How do the few overcome the many?aedens wrote:“The ultimate test of a moral society is the kind of world that it leaves to its children.”
Dietrich Bonhoeffer
Re: Financial topics
True that is. http://www.circleofblue.org/waternews/2 ... -scarcity/jcsok wrote:?Make promises to gullible people, and keep the population divided and distractedgerald wrote:How do the few overcome the many?aedens wrote:“The ultimate test of a moral society is the kind of world that it leaves to its children.”
Dietrich Bonhoeffer
http://www.circleofblue.org/waternews/2 ... -scarcity/
After three to five days the problem is cured......
It is not getting any better with conditions locally either on many topics to stall degregations.
A candidate for city council stopped by for a chat. We are in real trouble since they graduate carded mindsets these days.
Re: Financial topics
sorry I made a wrong choice of words --------jcsok wrote:?Make promises to gullible people, and keep the population divided and distractedgerald wrote:How do the few overcome the many?aedens wrote:“The ultimate test of a moral society is the kind of world that it leaves to its children.”
Dietrich Bonhoeffer
How do the few principled and productive overcome the many unprincipled and nonproductive? ------- force or religion or ?
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