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Why "Average Joe" Will Never Do Well In The Stock Market
Because "normal people" just do not think like this...
And bad news is good news...
h/t @RudyHavenstein
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These are not normal people.
Stocks are claims on future earnings right? So, why it sucks right now, the future must be REALLY BRIGHT.
<DuckAndCover/>
Regards,
Cooter
That smug cunt on the right would look much better with a rope around his neck.
buybacks will make future earnings look even brighter,and seasonal adjustments will make that chart obsolete. all fixed.
These are not people.
FIFY
In the begining, there was nothing, in the end it will be empty.
-it means nothing, it is all a stage play by trolls from a movie, waiting under a bridge to nowhere-
I have really come to despise Steve Liesman
Define normal again - it changes every damn day.
It's like climate change, it's whatever they say it is, just shut up and take it.
Normal... Abby Normal
(Young Frankenstein - they used the brain marked Abby Normal)
RRRHHHHHHHHHHHHHHHHHHHHHh!
ah thoughts da jar wud marcked abnormal, but d' Marty charactuh sayed it wud "abby something", and den when d'doctah press'd 'em, he said it wud "abby normal"...look like i be needin' to watch dat one mo' time...
nice Knockers
News doesn't matter when the central banks are running the show.
These aren't even people, as I understand the definition.
Parasites is the proper term. They need a little poison treatment once in a while to cull their numbers.
Parasites don't usually kill their hosts.
These sociopaths are already "dead," so with no empathy nor conscience, they attack their hosts relentlessly.
Thats right, and there is no cure for sociopathy. The only question is not what to do with sociopaths, but what to do with BORDERLINE sociopaths.
Borderlines are your only hope of ever fighting the actual sociopaths. The borderlines want to be on your side, just be careful around them and they'll be happy to identify for you all the real sociopaths and explain their strategies, which you, a mere normal, could never imagine.
One thing's for damn sure ..... this time really is different .
Wrong. Same shit different day.
Right, but the core of it is central banking and more general government interference. Even if you make a solid prediction, the government will step in and change the game completely. The only way around it is if you can trade subsecond right after the news hits, and be aware of the news every single minute. But for the pros, you just use inside info.
401Ks with limited options ... hate to pay capital gain taxes ... greed ... etc
average joe will ride it down ... ALL THE WAY ... as usual
won't be different this time
cramer's stance on interest rates tells u all u need to know about how addicted this station is to ZIRP. he is CONSTANTLY saying how the fed doesn't matter, fed doesn't matter - "I CARE ABOUT GOOD SOLID COMPANIES!!!" ... then watch on a day where the dollar is up, yield on the U.S. 10-year pops 2.25%, and stocks get pounded. he then goes into "i don't like the market set-up here ... what is the fed crazy to think about raising rates NOW?!?!?!"
all the proof u need about how a "normalization of interest rates" would treat stocks. fischer today saying he wants to see rates at 3.5%-4.0% within the next 3-4-5 years is outright fucking hilarious. with global debt at $100 trillion & growing (according to BIS, others have it north of $200 trillion ... regardless, its up $30-35 trillion since the financial crisis where we treated a debt crisis by piling up more debt), the stock market would have an outright seizure/heart attack/aneurysm. only thing that takes rates up that high in that time frame is A. the bond market pricing in default risk on sovereigns B. yellen losses control of the stock market to the upside to the extent where she simply cannot mask the rampant inflation we've already seen in areas such as food, energy, rents, toll roads, taxes, healthcare, amusement parks, ball games (basically everything the middle class either needs or consumes with frequency). hell, im still waiting that now that they continue to do victory laps on this GDP BS they claim to have "scooped", will they actually lead a similar crusade on the lying on REAL inflation that has CRUSHED the middle class the last decade+. im guessing absolutely not because if they did, the necessary deflation that would need to be conducted would blast the stock market & put them off the air.
US debt, counting unfunded liabilities that should be funded, is often estimated over $200T alone. The rest of the world... what comes after trillion?
Those 'unfunded liabilities' are unfunded because there's no need to fund them at this time. Every newborn has an unfunded liability for its funeral. No one panics because there isn't a fund already set up for it.
This is the perfect market for clueless stupid people. Because in The New Normal being able to throw all logic out the window is a tremendous skilll that can make you very rich.
In fact if you are stupid and clueless enough you could open your own hedge fund and it would quickly have hundreds of billiosn of dollars under management.
Stupid and clueless is the new brilliant.
When markets are this richly valued an honest mutual fund manager will close the fund as there is nothing to buy here.
The flip side to that is is "if treasuries are the only non correlated asset class on earth what are the factors that make this absolutely and 100% so?"
when I started this play well over two years ago all I had I my favor was the term "non correlated asset."
Gotta a lot more than that right now...and needless to say I can add to the list by the day.
I'm still not bearish on equities either...per se.
Not sure when the window to borrow in euro's will close here...but that is the ultimate in cheap capital.
Yep - everything's normal here:
http://research.stlouisfed.org/fred2/graph/?g=1cu4
Leisman is the single most clueless "economist" of all time. He actualy believes the constant "revisions" seasonal or oherwise. Its 1984 "doublespeak" said loudly enough it works. Greece for example will be kept in the EU so you see non payment is payment, good news is bad news etc. However one thing is sure Leisman proves ANYONE can be an "economist" except you need to be bald its the sole requirement!
Steve LIESman is NOT an economist. He is a journalist who reports on Economics.
ALthough, he is a #superdouche
Nobel Prize winner for his work relative to the collapse of the Soviet Union...in short somebody who should know better.
So, yeah...#superdouche indeed.
Can anyone possibly argue the US isn't full on Keynsian now?
NOOOOO.
SOOOOO....
Leisman is grooming himself for a position at the fed. or at least a Hildengrath insider . . . he's really quite an SOB when he loses his temper.
Psychopaths have control over a rigged market which means they control both the sell and buy side - liquidity provided by the taxpayers.
Psychopaths lie, 24/7 to the sheeple, and the sheeple love it.
The sheeple love america's "greatness", its "exceptionalism" among nations, and the "exceptionals" lick the boots of the "chosen ones" with honor.
The psychopaths laugh at the sheeple under their breath.
The american sheeple is one collection of strange entities indeed.
Average Joes with average IQ's = too dumb to care.
Ha.
Why "Average Joe" will never make it to the moon.
Why "Average Joe" doesn't have a 14 inch crank.
why "Average Joe".....................................
it's a big club and.....
Yes and the hedge fund pros that lose billions, well they just know more.
FUCK RIGHT OFF CNBC YOU PIECE OF SHIT.
Everyone I know who actually goes into the market and buys and holds only see this.., I put money in, I got more out. My, how they have forgotten 2000 and 2008...
Silly Header the ' average joe ' is taking out a pay-day loan ( at +1000% ) to pay his car and rent bill.
give me an "s"
give me an "o"
give me an "c"
give me an "i"
give me an "o"
give me an "p"
etc
The one on the right looks like the symbol we use for methane on Q99X2.
which is to argue the fed should print 100000 dollar salaries for everyone so we can go to fiat heaven.
Easy answer DRIP available companies that offer a discout. Each divident is reinvested in the stock, but there is a discount to the market price. Over time, this and the lack of commissions make this a lock to beat the market.
CNBC for the most part isn't watched by anyone. Its ratings suck and is corporate propaganda. Steve lies-man is the biggest suckoff gimp on "financial" infomercial TV.
Sorry Steve, when things get really really scary unless Ben is balls deep in your ass, there's not going to be any room for you on the plane, or in the bunker.
Uh.......Things that are fucking rigged for a thousand Alex
i'm so sad to see you chose The Dark Side brother Liesman.
what part of Lies-man do you not understand?
What market?
I love being abnormal, and all that much richer.