t0mmyBerg max2205 Jan 24, 2018 7:19 PM Permalink

They will surely print once the Spoo drops like 5% (so about 140 points on the
Spoo). That would be seen as calamitous in todays terms. Of course the real
reason that indices are in the biggest bubble of all time is that there is a shit
ton of money out there but there are far fewer investable companies and shares.
The Wilshire 5000 used to have more than 5000 stocks in it. Since Sarbanes Oxley
made it a royal pain in the ass to be a public company and zirp made it painless
for private equity to take companies out of the public markets en masse and for
corps to lever up to remove sizable chunks of their float from the market, and cbs
removed 15 trillion dollars worth of bonds from the markets, all that sloshing
money has had to pay more for the shares still available, which only exist for
something like 3500 companies now in the Wilshire. And Uncle Alan is so happy
(asshat). His favorite component of forward looking economic indices, stock
prices, have thus been levitated to heights he could only have dreamed about.
Stocks HIGH is the unwritten Fed mandate. But a mandate it surely is (Greenspan
has confirmed this in an interview, Bernanke reiterated it in the WaPo editorial
and Yellen when asked about the widening gap between rich and poor suggested the
poor needed to load up on assets to participate). You couldnt make this shit up.

In reply to Time to.... PRINT! by max2205

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ebworthen t0mmyBerg Jan 24, 2018 7:45 PM Permalink

Precisely. QE to infinity. Direct purchases of equities by Central Banks.

Fed policy: "The rent is too damn high? Eat it Serfs!"

In reply to They will surely print once� by t0mmyBerg

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Kurpak ebworthen Jan 24, 2018 9:06 PM Permalink

Short sighted. Expecting them to repeat their last performance is folly. They are
going to crash this bitch on purpose and pull the punch bowl this go round.

In reply to Precisely. QE to infinity. � by ebworthen

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Yellow_Snow Jan 24, 2018 6:54 PM Permalink

Your using per capita adjustments to something that is heavily skewed to the top
tiers of wealth distribution... keep in mind that the QE Trillions only air-
dropped on the top .1%ers...
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nope-1004 Jan 24, 2018 6:52 PM Permalink

Love the way our economy is gauged against a casino.

Media has lied and shaped our thought process for decades, making us believe that
someones' fantasy business idea and my money (if I invest) will make us both rich.
Only fools "invest" at this point.

We deserve what's coming.

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Cognitive Dissonance Jan 24, 2018 6:34 PM Permalink

But this time is different.

<Clue to solving logic puzzle: It's ALWAYS different THIS time.>

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J S Bach max2205 Jan 24, 2018 7:53 PM Permalink

"What If The Boom Goes Kaboom?"