Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by dev_north_east on Thursday August 08, 2019 @04:03AM
(#20642680)
Aye, I've a friend who in recent months has moved most of their investments from the stock market to cash. Why? Because of the massive increase in people doing cocaine. I knows it's cliche about the correlation between that and an impending crash but still, seems extreme to actually put your life savings on it!
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Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by tim333 on Thursday August 08, 2019 @06:12AM
(#20643158)
The market is also expensive by historic standards and you can make arguments that the expected return going forward is low or negative eg. https://www.gurufocus.com/stock-market-valuations.php
Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by dev_north_east on Thursday August 08, 2019 @07:30AM
(#20643508)
Yes but people have been (rightly) saying this for years. And you'd have been mad to get out of it back then. I'm a passive investor guy. I can't call it and will continue my drip feed.
Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by snarf21 on Thursday August 08, 2019 @10:26AM
(#20644874)
The foreign cash repatriation was a one time deal and has kept this run going. We are also going to have to see more boomers continue to increase their withdrawals. I'm also worried about the long term effect of the "bonus depreciation" that was in the tax cuts.