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Just a reminder: just recently the FED capitulated and reversed its still young policy of slowly trying to raise interests above zero again.
Tells a lot on the state of things. The ECB has not even tried to reverse its "negative interest" (=expropriation of private property) course, it mulls an ease for banks at the cost of raising debt even further and create even more of ever more worthless fake money, but I fear that private people will get hit by penalty-interest induced expropriation even harder, because they are all guilty of saving for bad times to come, these irresponsible criminals. All in the name of "new money theory" and the higher economic interest, of course. The party gets celebrated on even more tick. A litte more new time gets bought for that fat cats - and the pric eof that the crash at the end will be even harder, and the fall will be from even higher altitude. Nothing what happens on the stockmarket since years, is healthy, sane and reasonable. New money theory is porn for incapable pseudo-economists who now run fairy tales much worse than the original fairy tale told by Keynes. Its all a nightmare. Deeper and deeper into the maelstrom. No chance to wake up. And the zombies yell and dance and play the music ever louder. |
EKSO trying to break through that $2.50 resistance. push baby push :)
2019 make or break for this one. So far I'm pretty happy how things are going. But ol' Mr. Martin-Baker is ready to assist when needed http://www.furrytalk.com/wp-content/.../funny-pig.gif |
Meanwhile some thoughts on Keynes (language NSFW or virgin ears)
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If ya can't beat'em join'em I always say |
EKSO, it's just been accumulating and bouncing off the top at around $2.50. The more the better but any day now its gonna pop.
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OK, it didn't pop I suggest you BTFD. |
Here we are. Coronavirus panic or overdue correction, who knows but clearly moving into BUY territory.
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German DAX drops by over ten percent today. Its the latest in a string of drops.
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So; this is like 2008, possibly. Stocks are down but should we assume that in 6 months - 2 years this virus will run its course, businesses will recover even grow from pent up demand?
If you put $10,000 into a stock today that is selling @ $20, if/when it returns to its normal value @ $60, then you triple your money. We saw this in 2008-2011. If you have the stomach for the risk. If it does not work out, there's no one to complain to. It's every man for himself in the markets. |
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It would be a nice time to have some cash on hand. |
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Worst day in History for the French stock exchange's main index CAC 40, British and German ones had their worst day in more than 30 years. I guess I'd buy Airbus stock if I had cash at hand.
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Markets closed, second worst day in its history for the German DAX. in the end it lost over 12% today.
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"The system is not really geared to what we need right now... let's admit it," said Dr Anthony Fauci from the National Institute of Allergy and Infectious Diseases."
https://www.bbc.com/news/world-us-canada-51860529 |
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Which tells something on how really unreal it is. No real economy wins and looses value by severla factors this fast - except bombs wipe it out in war. |
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