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Old 11-15-2013, 07:33 PM
 
29,409 posts, read 21,917,242 times
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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.
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Old 11-15-2013, 07:36 PM
 
5,915 posts, read 4,796,526 times
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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.
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Old 11-15-2013, 07:37 PM
 
18,737 posts, read 8,348,239 times
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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.
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Old 11-15-2013, 07:43 PM
 
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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.
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Old 11-15-2013, 07:46 PM
 
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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
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Old 11-15-2013, 07:48 PM
 
Location: Free From The Oppressive State
30,135 posts, read 23,526,778 times
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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?
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Old 11-15-2013, 08:25 PM
 
Location: Sarasota FL
6,864 posts, read 12,007,635 times
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What will the Dow be when the Fed stops pumping $85 billion a month into 'the market'?
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Old 11-15-2013, 08:32 PM
 
Location: Lost in Texas
9,827 posts, read 6,905,849 times
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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.
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Old 11-15-2013, 08:37 PM
 
18,737 posts, read 8,348,239 times
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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.
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Old 11-15-2013, 08:41 PM
 
18,737 posts, read 8,348,239 times
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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.
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