Welcome to City-Data.com Forum!
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)
 
Old 10-27-2009, 07:13 AM
 
1,902 posts, read 2,462,975 times
Reputation: 543

Advertisements

Not so fast. Don't be looking for that 7% unemployment that Barry lied about any time soon.

Quote:
S&P 500 Overvalued by 40%, Set to Fall, Smithers Says

Oct. 26 (Bloomberg) -- The U.S. Standard & Poor’s 500 Index is about 40 percent overvalued and headed for a drop as central banks pull back on securities purchases that pushed up asset prices, according to economist Andrew Smithers.

























S&P 500 Overvalued by 40%, Set to Fall, Smithers Says (Update5) - Bloomberg.com
Reply With Quote Quick reply to this message

 
Old 10-27-2009, 07:25 AM
 
12,270 posts, read 11,292,965 times
Reputation: 8065
Hope not, but I'm leveraged...I've got my puts all in a row.
Reply With Quote Quick reply to this message
 
Old 10-27-2009, 07:42 AM
 
1,902 posts, read 2,462,975 times
Reputation: 543
Quote:
Originally Posted by Dockside View Post
Hope not, but I'm leveraged...I've got my puts all in a row.

I hope not too, I hope we all make some money.
Reply With Quote Quick reply to this message
 
Old 10-27-2009, 11:54 AM
 
Location: California
37,077 posts, read 42,043,953 times
Reputation: 34889
I'm also "hoping not", but I recently moved a bigger % of our 401k out of stocks and into the safety zone.
Reply With Quote Quick reply to this message
 
Old 10-27-2009, 11:56 AM
 
35,016 posts, read 39,061,693 times
Reputation: 6194
Quote:
Originally Posted by coastalrap View Post
Not so fast. Don't be looking for that 7% unemployment that Barry lied about any time soon.

S&P 500 Overvalued by 40%, Set to Fall, Smithers Says (Update5) - Bloomberg.com
How do you call it a lie? He's not psychic.

Also -- short!
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

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - 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, 36, 37 - Top