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Just Two Charts
"Markets are distorted," was the message Citi's Matt King implored investors to comprehend in his latest missive, and it appears speculators are growing disillusioned with their 'faith' in markets one asset-class at a time. In the interests of simplifying the decision of whether to believe markets are driven by fun-durr-mentals (or not), the following two charts should help clarify your decision to BTFATH...
Fundamentals are no longer the driver for credit...
or stock markets...
Source: Citi's Matt King
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Matt, Matt, Matt...go back to your accounting department and get the new, improved charts. Citi can not show the Muppets reality! Pump and dump, that is your job.
No whores or cocaine for you tonight!
OMG...Do you think someone could somehow be rigging the free markets?
It has become so obvious lately that even the stooges at CNBC have trouble
keeping a straight face when they explain that stocks are going higher on
their merits.
Two charts are two too many. Bastards.
But yet the market still keeps going up. Dow will be 20k without a hiccup
Perfect. Just the kind of decoupling of risk from return the Fed wants to see. Now, if we can only bring back negative amortization loans, we can really do them right and actually pay people to buy houses this time around. Genius.
Called a Tyler Durden Moment: Penis get aired on TV
http://www.independent.co.uk/news/weird-news/accidental-fight-club-as-fo...
They be stealin' my description from yesterday:
http://www.zerohedge.com/news/2014-03-19/meanwhile-ny-feds-trading-desk-...
absooolutly...to fucking funny.....plus im impressed...
Matt, did you factor in the universal bullshit rule: X + bullshit = $ ^ bullshit ?
If you have anything (say X) and add some bullshit (X + bullshit) you have money ($) to the power of (^) the bullshit; which in this case is stock value.
This is basic human behavior stuff, animal spirits.
Matt, give me a call. Send me your spreadsheets, we'll put the bullshit rule in there.
bullish
That second chart is quite convincing.
The very first sentence of this post sums up my perspective on the investment world. The age-old question is where is one to invest? Stocks are going crash at some point, can't go there. Bonds just encourage more leverage taking, which is the cause of all this mess in the first place.
At the end of the day I guess gold is the best option. But I'm concerned about the fact that it is very obviously manipulated. Is it a good idea to invest in a market TPTB want to discredit?
Right now I've decided the best thing to do is just pay off the mortgage with every spare dollar I can muster since there's no great alternative out there.
Everyone will have a different opinion on this. After spending the past few years thinking about it, I've come to the conclusion that you just have to be diversified. Have some cash, some stocks, some gold, some real estate and a gun to protect it all, if so inclined. Keep your cash in the bank under the FDIC limits. Keep at least a large chunk of your gold physical. Where you can find reasonably priced stocks, stick with quality or index and try to find some yielding stocks as well since global central bankers are intent on keeping rates at zero for years to come. Don't forget to keep investing in the non-cash alternatives over time, not all at once.
Good luck and as Tiny Tim said, "God bless us every one, cause we're fucked."
That's probably the best thing you can do. Rather than guess what's best just throw a little at each. Using proper timing, as you mention.
I recall Marc Faber saying something along the lines (paraphrasing): all asset classes are doomed, we can only hope they all don't decline at the same time
cash/equivalents-other demoninations(hinden very well), real estate, gold and guns; fuck bonds and stocks cause that is no different than having corzine deliver gold. if it gets dicey good luck converting stocks and bonds to something tangible...
Seems like the new paradigm hypothesis has been proven; forward comrades! BTFATH!
Disconnect!