The economic trajectory remains the same with this Fed baby step move. It will take longer, but perhaps we can go higher.
Too much stock is sold short. At some point they get crushed or ground out. And those vogue investment strategies 140% long + 40% short and long-short neutral funds will go into the dustbin of history due to underperformance. Those might work when a few talented managers do them, or for skilled individuals, but in major size in trillions they won't.
Perhpas we grind out small gains this summer, or simply consolidate. Either will work. The key decision is to participate in the next big move up.
didnt David Swensen say that most investment managers are worthless?
ReplyDeleteyes. He said most just lose money for investors over time.
ReplyDeleteWhat's with Bubblevision pumping that crypto-commie, Moore?
ReplyDeleteI now see why corn went down yesterday. We just got a heavy, brief rain. I suppose that hit Chicago yesterday and caused the sell-off.
ReplyDeletePeace.
ReplyDeleteiPhone and USDA tommorrow. Then earnings season starts next week.
big rains in PA the last 3 days
ReplyDeletethanks for the ISIL frost...gonzo
Come on RIMM..that all ya got?...slacker
ReplyDeleteagain john succo is someone's opinion i wud value here as well as the bunkerman.
ReplyDeletefrosty is on fire!
thinking i mite have to pee. if so, im headed to detox for a week, no shit!
sobriety, bottomline, is boring
ya know, just maybe, the market is figuring out about the HUGE structual imbalances in the USA.
ReplyDeleteno doubt, no economy has ever been so buttered, so complex and so few who truly understand the risks behind the butter.
i dont miss trading one bit
bub are you sharpening up those bear claws? BX heads up appreciated....what sectors are you going to attack?
ReplyDeletemern LMAOOO...you will be back.