The thread refers to "Extremist" posters and I didn't cherry pick anything, these types of forecasts are littered all over this site right now; in fact, they outnumber any other tyoes of forecasts. By grouping these forecasts in one thread, it will be easy in the future to determine how good they were. All these posters believe in their forecasts, and will have the opportunity to revel in their forecasting skills if they are right. Nothing about the posts suggests these people don't really believe what they are saying, and it's an interesting study in the psychology of traders. My agenda is the truth and ownership of what is said. What I don't accept is people purposefully making extreme forecasts strictly for the purpose of trying to hit an outlier event and win the internet ( or in the case of Marketsurfer and others, sell advice to others ). This is why I fought hard against charletons like Grand_Super_Cycle ( who called the massive US stock market of 2012 ) and Denner, who was solidly bullish on Gold at 1900 and laughing at anyone who thought US equities were going to do anything but crash in the years 2010 and 2011. I haven't whined in any post this year. Go ahead, quote me ( no paraphrasing ) on any post I have made this year. I've been as straight a shooter as there is on here, I don't get negative about anyone's ideas or trades unless they mock others regularly or post only their winning trades/ideas and ignore their losers. This includes blasting the Fed on a weekly basis.
a cause for a depression would be china's recession despite all the easing, and the fed hiking into a bear market looks not so extreme to me
That's if he still has any cash left to profit of a bear market - the guy was extremely bearish already in 2010 or 2011
Random news items today included 200K in jobs added in the US. That is a far cry from any Depression scenario. I think you've lost touch with reality here.
if i told you back in 2000 that rates would go to 0% and stay there you would say the same thing, but here we are i'm not saying it will happen, but if china can't restart their economy then you think today's 200k jobs number will matter? certainly wouldn't be long equities here