Yesterday it broke and held 20. Today so far the trend continues. Scary and exciting. All of our pensions and 401ks are tied to the market over 100 million Americans benefit from this
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Yesterday it broke and held 20. Today so far the trend continues. Scary and exciting. All of our pensions and 401ks are tied to the market over 100 million Americans benefit from this
Do not worry you are not retiring yet, it will pick up. Having your life in the hands of unregulated wankers you can not trust is not the best thing you could do with your money.
Thank god kookland isn't in charge but The Don IS!
I notice you're not actually answering the question. You can't answer it, can you?
The US stock market has a price to earnings multiple of about 22. 21.8 What the hell.
The Russian stock market has a PE multiple of 9.1. Cyclically adjusted it's 5.9 and I'm rounding it up.
Why is the Russian stock market such amazing value compared to the US market? (Nothing to do with sanctions, ratios were the same before we imposed any sanctions.)
Bet you can't answer that either Mr. Night Train university graduate.
Let criminals out. Let illegals in. Let boys in the girls bathrooms. Condemn police officers. Persecute Christians. Don't care about the veterans. Pervert the children. Stomp on and burn the American flag. Accept barbarity in the name of Islam. Overtax the hard working people. Coddle the lazy. That's the liberal way.
Despite your whinging here on P/E it has recently declined as Discounted Cash Flow and more direct market-based methods have become more popular.
You know what Im sick of this mental midget posing as an economist. Time to ~~~~rip~~~him a new one. First off, IMBECILE, youre the night train bitch. Your BS P/E hyperbole is and has been known
to be FAR TOO SIMPLISTIC--- A multiple IS JUST combining many value drivers into a point estimate---has it crossed your mind that it makes it difficult to, let's say for lack of a better term off the top of my head as I ~~~~rip~~~~you a new one bitch, "disaggregate the effect" of different drivers, such as growth, on value????? Has it????? The danger is that this encourages simplistic – and possibly erroneous interpretation. But NO Kirky Herky Jerky would not NIGHT TRAIN HIS ASS into that kind of analysis, would he??? Let's not even GET to how STATIC that crap is.
Kirk is an utter cunt
He'll not dare answer me though. I called his amateur ass out on P/E ratios. What a cunt.
Kirkland is right on this. The fallout from the next crash will be worse than the last one and it will likely happen later this year. People forget that governments do not run the show, they merely get held hostage. Know your history.
Mehhhhh.......nahhhhhhhh don't think so.
Ron Paul thinks so and you are usually 97% off with your predictions.
Ron Paul has been predicting an economic catastrophe every single year since the early 1980s. Every single year. He's got a bunch of people who buy his newsletters or sign up for his publications and they're all goldbug idiots. Doom and gloom is what they want to hear and they keep on buying the same shit year after year. He's literally made millions out of selling doom and gloom to them.
How about Russian multinationals like Gazprom then who produce and pump gas and oil all over the world? The size of the economy isn't even relevant for domestic firms. I'm comparing earnings per share. Or at least future projected earnings per share which is what stock prices are based on.
The reason there's such a difference is the rule of law. Investors need to feel that there's a set of rules that everyobdy has to adhere to, that contracts will be respected and so on. Investor rights need to be protected. Corrupt environments and weak investor protections from scams and corrupt financial systems mean stocks trade at a massive discount. In Russia assets can be confiscated or reassigned by the government. CEOs can be jailed for going against the existing power structure.
America has the strongest or equal strongest market protections in the world. But once a government starts ignoring the rule of law and shows no respect for longstanding international agreements that they've previously signed up to that can change in an instant. It won't happen all at once but a Trump administration that gradually erodes trust in the rule of law and the institutions of government will inevitably cause US stocks, bonds and other assets to trade at a discount. Maybe even a significant discount.
#protectCharlesSchumer
I would not be surprised to see a correction. That is what the market does. It goes up and down. This market did quite well while the economy didn't. Am American company will always have higher expected valuation than a Russian company due to trust in Americas government but you must already know that. Putin could nationalize anything anytime.
U are looking at the Russian power structure as a good thing. If companies get too much power Putin will lock up the ceo
PFFFFFFT, that would never fucking happen Klansman!
https://en.wikipedia.org/wiki/Mikhai..._incarceration
Putin is the CEO just like Trump. There is no difference and you are all basically now nearly 60% communist and that is rising quickly. Trump can silence all the media and shit on everyone but America, but in the end his isolationism will leave him so fucking ronery that his little wotsit tears will flow like the kool aid you are all knocking back right now.
Rates are rising and the debt has mounted, the mountain has to topple. The only reason it has maintained is historically low interest rates. Have to keep them there now or burn things up a little.
This year or next depending on factors. I cannot believe you don't have alternative passports yet.
Miles why have you not joined the Peace Corps, what with all your compassion for the poor?
No it doesn't. Remember I explained sovereign debt to you before. Are you sure you don't have a little shelf fitted instead of a brain like Lyle? You're not related somewhere down the line?
The reason I ask is the first time you told us the world was going to end was in 2009. Ron Paul told you. he also told you the same thing in 2010, 2011, 2012 and so on. It's what he does. You don't seem to take into account the fact that he gets it wrong every fucking year and he's just selling doom and gloom, gold coins and miracle cures the pharmaceutical industry don't want you to know about. Every year we get oooh Ron Paul says things are going to collapse.
I'll explain sovereign debt to you next week when I've got more time and you can print it out and stick it on the wall to stop you wetting the bed and buying another ridiculous 400+% overpriced yellow metal coin the nest time the information falls off your little shelf. And I'll tell you what's going to happen to the markets too.
Also, too, Kirkland Laing plans ahead. I've got plans B, C and L all sorted out long ago. I'm living the rest of my life in civilised comfort somewhere on the fucking planet no matter how badly these idiots fuck things up.
Laing I'll give you credit for that.
Kirkland you are talking to someone who who has more planned to vanish more than most. I have researched the art of disappearing over many years and there are methods and ways that wouldn't even cross your pampered little mind. You have no ability to speak other languages, grow food or blend into the real world as another shadow. All you have are your ill gotten gains from a rigged system. Slimeball. To vanish you must become nothing.
The crash has been delayed because of artificially and historically low interest rates. You can dress it up how you like but until rates are normalised and nothing happens you do not have the right to say I am wrong.
Mikes you admitted you cannot even cook.
Not a good cook but I have researched how to grow food over the years. Relatives of mine are farmers. I have spent time on the land.
Well at least he can smell spell.
Anyway Raw food! probably Alex Jones new thing
(in loud shouty voice)
RAW FOOD! THAT'S WHAT THEY DON'T WANT YOU TO KNOW. RAW MEAT, RAW EGGS, RAW GRASS, RAW FOOD. INFOWARS RAW FOOD IS 100% NATURAL (may contain traces of bullshit, alien conspiracy dust, cia aids and barry obamas birth certificate) 100% NATURAL AND ONLY $999.99