Stock market is on fire!

[EE_]

I've never seen Wall Street so bullish. They all think it's going much higher.
The economy is booming too...homes, autos and jobs going gangbusters.
The recovery is finally here. Rejoice!

The Fed needs to cut all QE and raise interest rates.

[Spectrism]

If they raise interest rates, the stocks will go much higher as money runs out of the bond market.

[Neuro]

If they raise interest rates, the stocks will go much higher as money runs out of the bond market.
Well, they raise interest rates by buying less bonds with newly printed money. I would generally agree with you, but who the hell knows with a market where 85% or so of the new bonds bought over the last few years were bought by the Federal Reserve Bank or its minions...

[Cebu_4_2]

Im stock free, used to make a living doing it. Now... not so much.

[Hitch]

Im stock free, used to make a living doing it. Now... not so much.

Life is a lot more simple and peaceful, without dealing with the stock market.

[Cebu_4_2]

Life is a lot more simple and peaceful, without dealing with the stock market.

Actually waking up to a five or 8K gain was simple and peaceful. Did that many times, retired, traveled, met my wife etc. After 2008 not so much.

[Ponce]

In the end you will see a lot of paper work going into the twilight zone where you won't find anyone to blame for what did happen.

V

[Hitch]

Actually waking up to a five or 8K gain was simple and peaceful.

Was that really peaceful though..., or more of a wow adrenaline rush? That's more money than I know of, would take me months to earn that. I'd think I'd won the lottery. Did you lose that amount on bad days as well?

I really think staying out of the stock market is a good way to live a drama free life. Simple, is where it's at, imo.

[singular_me]

bold = just beyond laughable

--------------------------------
June 6, 2014

Publishing executive and two-time presidential candidate Steve Forbes has built a distinguished career from his financial expertise. As he dissects the current administration’s economic policy in his latest book, he reveals several troubling signs that we might be in more trouble as a nation than even many of Obama’s fiercest critics realize.

He blames the Federal Reserve’s policy of printing fiat currency for a situation he said cannot be reversed without returning to a gold standard.


The entity, he explained, is engaged in “vastly misguided monetary policies” that “are now setting the stage for a new economic and social catastrophe – one that could rival the financial crisis and horrors of the 1930s.”

The book, “Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It,” was released this week and includes a number of serious allegations about the Fed and the Obama administration’s policies that enable it to continue operating against the best interest of America’s future.

“The Fed should have only two tasks: keeping the dollar fixed to gold and dealing quickly and decisively with panics,” he wrote..... more

Read more at http://www.westernjournalism.com/steve-forbes-predicts-second-great-depression-america-follow-steps/#Afkl3TvVXOT40RsU.99

[old steel]

In the end you will see a lot of paper work going into the twilight zone where you won't find anyone to blame for what did happen.

V

All the cyber digits too.

[KenJackson]

Im stock free, used to make a living doing it. Now... not so much.

I don't understand this. Do you have all of your savings in precious metals and cash? Surely not bonds.

After the crash of '87, I think it was, some bright-eyed reporter asked billionaire H. Ross Perot how much he lost in the crash. He said he didn't lose a penny because he pulled all of his money out of the stock market. At the time, I was thoroughly impressed with his sage wisdom. But years later, as I began to seek out what to do with my own meager savings, I began to wonder. What's a billionaire do with his money if he doesn't invest in the stock market? Surely he didn't stuff his mattress with it or put it in a passbook account.

PMs, real estate and art are only partial answers. So if someone doesn't invest in any stock (and I assume that includes mutual funds and ETFs)--what then?

[Cebu_4_2]

I don't understand this. Do you have all of your savings in precious metals and cash? Surely not bonds.

After the crash of '87,

Nope, I'm pretty much finance free at this point. I have a few Morgans left.

The crash of 87 I did quite well in. Back when I worked... cashed out with a 200% gain, that was in MF's.

[singular_me]

dow all time high ponzi

which will crash first, the USD or the EUro, or maybe take the dive together?
---------
June 5, 2014
European Central Bank moves to negative interest rates
http://www.smh.com.au/business/markets/european-central-bank-moves-to-negative-interest-rates-20140605-39m7j.html

[mick silver]

I don't think I will every see a crash in my life time , just a new form of paper money it will all be a part of the now . every day the stage is being set in place all one needs to look at is all the countrys we have free

[Spectrism]

A very large building sat over mineral-rich grounds. The owners of the building decided that they would start to mine under the building and carefully begin to extract the wealth below them. Year after year they directed the miners to scrape the walls of the tunnels a little more and even go deeper, far below the water table. Large chillers were powered day and night to keep the ground frozen under the building and preventing the water from flooding in. Beams of steel were brought in to reinforce the ceiling and replace older rusting beams when they were found to be clearly at risk. Still the miners dug and took, providing profits to the building controllers.

Those with minimal engineering knowledge could see the great risk they put the structure into and of course, all the people who lived in that massive building and the businesses were at great risk. They could see that many things could go wrong and could only guess which one would be the lynch-pin to start the whole thing collapsing.

One day the engineers decided to meet as a group. Deciding where to meet was an interesting conversation. Some wanted to meet in the main first floor conference room of the grand building. Others swore not to go into that building and would go no closer than the hotel across the street. The meeting never happened because they could not all get together.

So, you GSUS engineers tell me... what will make the building collapse first.

[Cebu_4_2]

So, you GSUS engineers tell me... what will make the building collapse first.

Hijacked airliners?

[hoarder]

I don't understand this. Do you have all
PMs, real estate and art are only partial answers. So if someone doesn't invest in any stock (and I assume that includes mutual funds and ETFs)--what then?................I dunno....