Vanguard also says there's a 40% likelihood we will enter a recession within the next couple of years. The writing's on the wall ... https://www.nytimes.com/2018/08/10/business/vanguard-recession-economy.html
From late 2012 : https://www.forbes.com/sites/schifr...-be-a-dangerous-year-for-stocks/#46dd694a7010 As I expected, this guy is likely bearish all the time in a bid to say he predicted every stock market drop. You're an idiot to pander to this stuff. The SPX went up 32% in 2013. What possible good did this guy do saying that year was going to be "dangerous" for equity investors ?
I keep telling people about this https://www.dailyfx.com/sentiment when the crowd is this afraid of stocks - 30:70 long short, and is this hungry for 'safety hedges' - 10:90 on gold and 20:80 on bitcoin, there is no way stocks can 'crash'. we are in the 3rd inning... go all in!
LOL Jeremy Grantham is a perma-bear. Or course he predicted the last two bear markets. That's easy to do when you ALWAYS predict a bear market. If you listen to Grantham, you NEED there to be a bear market because you've missed all the gains.
lol. How many of us have positioned ourselves for these impending drastic shifts only to become over leveraged and subsequently washed out? I have and so many well to do traders I used to interacte with have too. I have to admit I'm wanting to preemptively be positioned for a severe downturn.
Hmm, I guess the only difference between all the super intelligent BTFD retail cheerleaders on ET and Jeremy Grantham is $71 Billion fucking dollars under management.
%% LOL; never heard of him- but sounds like you have. LOL. Many way$ to figure -it [SPY,QQQ] uptrend is not 9 years old @ all; but usually get a down move by SEPT end. NOT a prediction
But we are all above average traders, some on ET reported turning $2000 into $2M in a year, in paper trades. After reading the article, what he said actually makes some sense to me. He is not saying the market has an imminent crash coming.
%% Well with 99 billion he has may or may not have a good sales arm??; But with no numbers on track record , in that article ,tells me a lot+ none of it good. Fidelity funds with 2. 5 trillion may or may not or help more; but @ least they publish numbers/ % gained. And also ; he should have given credit to Mr Hircsh Stock Traders Almanac