Posted by jackbnimble on 18th of May 2023 at 12:51 pm
You're right, permabears lose out in the long run. On the other
hand, people who respect the data and history (like those who
respect the trend) win out in the long run. Maybe this time is
different but, in my view, the market bottoms only after
unemployment rises and the FED cuts.
Posted by DigiNomad on 18th of May 2023 at 01:00 pm
Hate to be a stickler, but permabears have lost out in the long
run of the
American markets. The same cannot be
said universally around the world - in fact, we are more the
exception than the rule - and the youth of the United States are
literally pushing toward and glamorizing failed socialist utopias
where the population always says, "but our leader will be
different"....but it always ends with the same result (and
permabears, unfortunately, usually win)
You're right, permabears lose out
NQ futures 52 week high...Bears convinced yet ?
Posted by jackbnimble on 18th of May 2023 at 12:51 pm
You're right, permabears lose out in the long run. On the other hand, people who respect the data and history (like those who respect the trend) win out in the long run. Maybe this time is different but, in my view, the market bottoms only after unemployment rises and the FED cuts.
Hate to be a stickler,
Posted by DigiNomad on 18th of May 2023 at 01:00 pm
Hate to be a stickler, but permabears have lost out in the long run of the American markets. The same cannot be said universally around the world - in fact, we are more the exception than the rule - and the youth of the United States are literally pushing toward and glamorizing failed socialist utopias where the population always says, "but our leader will be different"....but it always ends with the same result (and permabears, unfortunately, usually win)
https://www.youtube.com/watch?v=CUfRwYcaL-k
I might be the only
Posted by DigiNomad on 18th of May 2023 at 01:10 pm
I might be the only FA in America that would dare suggest publicly that markets don't always go up in the long run