Truth Before Dishonor

I would rather be right than popular

Is It Cynicism or Paranoia, Or Whistling Past the Grave Yard? Give it your best

Posted by Yorkshire on 2013/11/30


I know just enough about the market to be scary. I know buy low, sell high. Utilities are mostly good, and stay away from steel and most American autos and airlines. BUT, over on Modern Survival Blog I saw this chart: http://modernsurvivalblog.com/the-economy/major-stock-market-crash-in-january/

Uncanny in its step for step matching:
1 - major-stock-market-crash-in-january

To say the least, I don’t like the chart for what it shows, but I like the blog site. Ken Jorgustin does a good job. Hopefully the circuit breakers at the NYSE Work.

But what I fear the most is the potential chaos this could cause. And after watching the would be Emporer, he would quickly make this an issue to call for country changing edicts all centering around a power grab. BTW, there is always a touch of cynicism and paranoia, or else why write on the Blog?

2 Responses to “Is It Cynicism or Paranoia, Or Whistling Past the Grave Yard? Give it your best”

  1. Brittius said

    Reblogged this on Brittius.com and commented:
    B.O.H.I.C.A. = Bend Over, Here It Comes Again.

    Like

  2. Yorkshire said

    Then there is this:

    Nobel Prize economist warns of U.S. stock market bubble

    BERLIN (Reuters) – An American who won this year’s Nobel Prize for economics believes sharp rises in equity and property prices could lead to a dangerous financial bubble and may end badly, he told a German magazine.

    Robert Shiller, who won the esteemed award with two other Americans for research into market prices and asset bubbles, pinpointed the U.S. stock market and Brazilian property market as areas of concern.

    “I am not yet sounding the alarm. But in many countries stock exchanges are at a high level and prices have risen sharply in some property markets,” Shiller told Sunday’s Der Spiegel magazine. “That could end badly,” he said.

    “I am most worried about the boom in the U.S. stock market. Also because our economy is still weak and vulnerable,” he said, describing the financial and technology sectors as overvalued.

    Read more here:
    http://ca.news.yahoo.com/nobel-prize-economist-warns-u-stock-market-bubble-145958281–sector.html

    Like

Sorry, the comment form is closed at this time.

 
%d bloggers like this: