U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 11-15-2013, 06:33 PM
 
29,419 posts, read 18,688,181 times
Reputation: 5437

Advertisements

Quote:
Originally Posted by Finn_Jarber View Post
Maybe you should pull your face off pages of dailykos and use common sense.

51 million Americans have 401K accounts, and millions of others have other kinds of investments, and all of them benefit. They are the main street, and they are happy about the performance of their investments.
Yeah Finn but when the bubble pops all those benifits do too. The market is insane right now. Why do you think they won't stop the QE? The whole thing will crash and burn if they do. So every month the printing presses pump more in. Day traders love it I guess and the banks of course love it especailly since the Dodd/Frank act allows them to park money and gain interest. Interest on printed money. LOL. It's madness.
Reply With Quote Quick reply to this message

 
Old 11-15-2013, 06:36 PM
 
5,915 posts, read 4,163,859 times
Reputation: 1396
Quote:
Originally Posted by RD5050 View Post
I recognize Wall St. as an indicator of the U.S. Economy, which is continually getting better.
Wall St. is not an indicator of the US Economy.
Reply With Quote Quick reply to this message
 
Old 11-15-2013, 06:37 PM
 
8,851 posts, read 3,911,306 times
Reputation: 1715
Quote:
Originally Posted by michiganmoon View Post
The current Price to Earnings ratio of the S&P 500 is 20.5

The Historic mean is 15.50 and the historic median is 14.51.

If we revert back to the historic mean before earnings can improve -- there will be a 24% drop in the S&P 500.

I wonder if the $85,000,000,000.00 a month in QE economic stimulus can continue forever to keep this propped up?
It can but it won't. IMO The Fed will begin tapering in 2014. And there will of course be market corrections as always when the Fed announces interest rate increases. IMO 24% is not too far off, but I think more on the lines of 10-15% when the markets come to their senses. Not as severe a hit as 2008. And the affect on the broad middle class will not be nearly as severe.
Reply With Quote Quick reply to this message
 
Old 11-15-2013, 06:43 PM
 
8,851 posts, read 3,911,306 times
Reputation: 1715
Quote:
Originally Posted by Kirdik View Post
Wall St. is not an indicator of the US Economy.
It is one very major indicator and very important piece of our economy. You can't much have a lasting depression/recession during a bull market. Although have we tried. You can't have a favorable economy with the stock market crashing. But the stock market itself is far from presenting the whole picture.
Reply With Quote Quick reply to this message
 
Old 11-15-2013, 06:46 PM
 
8,851 posts, read 3,911,306 times
Reputation: 1715
Quote:
Originally Posted by whogo View Post
While I am happy too earnings do need to rise as someone has already pointed out the P/E ratio is too high.

A remarkable rise since the Republicans took over the House in 2010.
A remarkable rise since early 2009.

Dow up nearly 100% from bear market lows of March 2009

https://www.google.com/finance?q=IND...ed=0CC8Q2AEwAA
Reply With Quote Quick reply to this message
 
Old 11-15-2013, 06:48 PM
 
Location: Out West
22,620 posts, read 16,743,701 times
Reputation: 26194
Quote:
Originally Posted by VTHokieFan View Post
The higher you go, the more you have to fall
Quote:
Originally Posted by wjtwet View Post
I sniff a bubble
Correct. And when that happens, if there is a Repub in the office, they will blame him. If a Dem wins, will they finally understand?
Reply With Quote Quick reply to this message
 
Old 11-15-2013, 07:25 PM
 
Location: Sarasota FL
6,851 posts, read 9,246,083 times
Reputation: 6563
What will the Dow be when the Fed stops pumping $85 billion a month into 'the market'?
Reply With Quote Quick reply to this message
 
Old 11-15-2013, 07:32 PM
 
Location: Lost in Texas
9,833 posts, read 5,833,175 times
Reputation: 3404
I bailed during the last bubble before it popped. I haven't been back in and have no regrets. When this one pops, (which it will) it will be HUGE. People will be jumping off cliffs.
Reply With Quote Quick reply to this message
 
Old 11-15-2013, 07:37 PM
 
8,851 posts, read 3,911,306 times
Reputation: 1715
Quote:
Originally Posted by d4g4m View Post
What will the Dow be when the Fed stops pumping $85 billion a month into 'the market'?
The Fed is doing no such thing. When QE tapers we are bound to see drops and corrections. But nothing like 2008.
Reply With Quote Quick reply to this message
 
Old 11-15-2013, 07:41 PM
 
8,851 posts, read 3,911,306 times
Reputation: 1715
Quote:
Originally Posted by freightshaker View Post
I bailed during the last bubble before it popped. I haven't been back in and have no regrets. When this one pops, (which it will) it will be HUGE. People will be jumping off cliffs.
2008 was huge. This will be big.
I went back in and 2009-current have been my best market gains since the '80's. I have no regrets either.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 06:17 PM.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top