The most prestigious law school admissions discussion board in the world.
|
 |
 
|
The era of recessions declared over.
Poast new message in this thread
Date: January 22nd, 2020 3:11 PM Author: Cracking domesticated kitty associate https://www.zerohedge.com/markets/bridgewater-co-cio-boom-bust-cycle-over (http://www.autoadmit.com/thread.php?thread_id=4427297&forum_id=2#39471524) |
Date: January 22nd, 2020 3:13 PM Author: aphrodisiac dead piazza Oh wow (http://www.autoadmit.com/thread.php?thread_id=4427297&forum_id=2#39471532) |
|
Date: January 22nd, 2020 3:16 PM Author: aphrodisiac dead piazza (http://www.autoadmit.com/thread.php?thread_id=4427297&forum_id=2#39471550) |
|
Date: January 22nd, 2020 3:16 PM Author: Vigorous outnumbered degenerate Need a Twitter link before I give this any credence (http://www.autoadmit.com/thread.php?thread_id=4427297&forum_id=2#39471552) |
|
Date: January 22nd, 2020 3:18 PM Author: contagious base He makes good points in general, but the fed willing to lower rates for any reason isn't a reason boom-busts disappear. It's just a reason for cash to be an ultra shitty asset (http://www.autoadmit.com/thread.php?thread_id=4427297&forum_id=2#39471563) |
|
Date: January 22nd, 2020 3:20 PM Author: Angry temple (Rudolph) (http://www.autoadmit.com/thread.php?thread_id=4427297&forum_id=2#39471569) |
|
Date: January 22nd, 2020 3:21 PM Author: slimy transparent hospital turdskin So equities just keep rising forever, regardless of the "worth" of each traded company?
Things like P/E ratios don't matter anymore? There is no "worth" of a company- it's always just "come back in a year and it will magically be worth 5-10% more?"
Am we supposed to believe that's the situation? |
 |
Date: January 22nd, 2020 3:26 PM Author: slimy transparent hospital turdskin And incidentally, the Fed isn't the only entity that sets interest rates. Government spending is financed by an actual marketplace in long-term bonds, for which you need an actual living, breathing buyer willing to buy that extra $100 billion in debt that Congress just incurred.
Are we supposed to believe there's an infinite number of those buyers? Of course there aren't.
And when the government has to start paying larger interest rates on long-term debt, stocks will suddenly stop being the only show in town for a good return on your investment, which will likely result in a huge dive in the market. |
|
Date: January 22nd, 2020 3:32 PM Author: contagious base Gov't spending only has to be like that in a technical sense. If banks know the Fed will buy, they'll fund the government for the whole ten minutes it to flip it to the Fed for a profit. (http://www.autoadmit.com/thread.php?thread_id=4427297&forum_id=2#39471615) |
|
Date: January 22nd, 2020 3:36 PM Author: slimy transparent hospital turdskin How could the Fed buying long-term treasury bonds, which represent money actually being put into the economy through spending (and not just on the asset sheet of some bank) possibly not cause inflation?
Why would the Fed go against it's prime directive of fighting inflation and do that? Well, I guess I know the answer to that one- political pressure.
But even if you get the Fed to do that, it's still dropping money from a helicopter into the actual, real world economy, and that's different and much more inflationary than what the Fed did after the credit crisis several years back.
And inflation causes recessions. |
|
Date: January 22nd, 2020 3:43 PM Author: contagious base It can and will and has been causing inflation. CPI is a garbage number that highly underestimates the value dollars lose per year. So far as I can tell, we've had negative real growth since 2008. (http://www.autoadmit.com/thread.php?thread_id=4427297&forum_id=2#39471665) |
|
Date: January 22nd, 2020 3:27 PM Author: aphrodisiac dead piazza (http://www.autoadmit.com/thread.php?thread_id=4427297&forum_id=2#39471594) |
|
Date: January 22nd, 2020 3:36 PM Author: beady-eyed casino brethren there is a worth of a company. there is no worth of a dollar. (http://www.autoadmit.com/thread.php?thread_id=4427297&forum_id=2#39471631) |
|
Date: January 22nd, 2020 3:38 PM Author: Flushed trip brunch This is why Jews are terrified of the gold standard (http://www.autoadmit.com/thread.php?thread_id=4427297&forum_id=2#39471644) |
|
Date: January 22nd, 2020 3:37 PM Author: fishy background story l'chaim! (http://www.autoadmit.com/thread.php?thread_id=4427297&forum_id=2#39471639) |
|
Date: January 22nd, 2020 3:38 PM Author: contagious base LOL. I just bought 10 more GLD calls after that video, even though I already am highly positioned for the dollar to be ruined. (http://www.autoadmit.com/thread.php?thread_id=4427297&forum_id=2#39471642) |
|
Date: January 22nd, 2020 3:39 PM Author: Glittery frozen private investor pit This means xrp is coming (http://www.autoadmit.com/thread.php?thread_id=4427297&forum_id=2#39471647) |
|
Date: January 22nd, 2020 3:43 PM Author: fishy background story Remember, a turd said this first: https://www.cnbc.com/2019/04/30/fed-central-banks-have-almost-eliminated-recessions-palihapitiya-says.html (http://www.autoadmit.com/thread.php?thread_id=4427297&forum_id=2#39471669) |
|
Date: January 22nd, 2020 9:25 PM Author: contagious base cnbc getting butthurt about adblocker (http://www.autoadmit.com/thread.php?thread_id=4427297&forum_id=2#39473561) |
|
Date: January 22nd, 2020 9:25 PM Author: contagious base (http://www.autoadmit.com/thread.php?thread_id=4427297&forum_id=2#39473555) |