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Title: RBS warns investors: "sell everything;" "fairly cataclysmic year ahead" Post by: Douchepool on January 12, 2016, 09:19:10 AM http://blogs.wsj.com/moneybeat/2016/01/12/rbs-warns-sell-everything?mod=e2fbRBS
Those of us who are still left unconvinced that the global economy has "recovered" from 2008 will be even more comforted to know that this is just more fuel to the argument that the economy never left the recession and further pain is about to come. Hold what you got and buy more when it tumbles. Ride it right back up. Title: Re: RBS warns investors: \ Post by: KDS on January 12, 2016, 09:21:29 AM Getting a Powerball ticket. I'm good.
Title: Re: RBS warns investors: \ Post by: alf wiedersehen on January 12, 2016, 10:45:34 AM http://blogs.wsj.com/moneybeat/2016/01/12/rbs-warns-sell-everything?mod=e2fbRBS Those of us who are still left unconvinced that the global economy has "recovered" from 2008 will be even more comforted to know that this is just more fuel to the argument that the economy never left the recession and further pain is about to come. Yes, how comforting. Title: Re: RBS warns investors: \ Post by: Mujan, 8@$+@Rc| of a Blue Wizard on January 12, 2016, 01:20:32 PM http://blogs.wsj.com/moneybeat/2016/01/12/rbs-warns-sell-everything?mod=e2fbRBS Those of us who are still left unconvinced that the global economy has "recovered" from 2008 will be even more comforted to know that this is just more fuel to the argument that the economy never left the recession and further pain is about to come. Hold what you got and buy more when it tumbles. Ride it right back up. Economics is hardly my forte but from what I understand the recovery is propped up by 0% interest rates which the FED will have to raise sooner or later, and thats expected to cause a lot of trouble when they eventually do. Also, while most unemployment figures look promising its mostly because of all the discouraged workers who have dropped out of the labor force altogether. None of the big banks or individuals responsible for the crash were punished or removed from positions of authority so its bound that they'll go at it again eventually. Not sure if this is related, but then there's the looming student loan bubble to look out for. Feel free, someone with more knowledge on the subject, to correct me if any of this is wrong. Title: Re: RBS warns investors: \ Post by: Douchepool on January 12, 2016, 01:43:01 PM Interest rates have been at zero for far too long. Combine what is essentially free money with bad government policies in the U.S. and China, and we're on course for an even more severe economic calamity than what we're currently involved in.
Contrary to popular belief (Sanders voters/Occupy Democrats), the DJIA reaching record highs does not equal a "recovery." |