This seems so true ... if there were a crash to come, today was the best day ... everyone is waiting for a doomsday that might never come ... for example just look at Apple ... their products are shit ... just shinny stuff ... but if consumer spending is so low ... why the fuck are people paying for this shit
Agree. Consumer strill spending, both here and overseas. If there was really a huge problem that woudn't be the case.
Well, as stupid as the guy is, he continues to make money All dips are, in fact, a buying opportunity as of late.
I thought Stephen Roach was talking about somebody, then it dawned on me who.... I assume you know more than this guy stuck trad3r? "After nearly five fat years, the global economy is headed for trouble. This will come as a surprise to policy makers and investors, alike-most of who were counting on boom times to continue. " http://www.elitetrader.com/vb/showthread.php?threadid=107349
BUT... it's had a high BULLSHIT factor... money pump... inflation from nearly all the world's central banks. This aspect is never acknowledged.