American Revival Apparel Company

Econ RBS Warns of Cataclysmic 2016

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dial1911

Waiting for the flash
Site Supporter
Sometimes I think reporters just need something to report on... Remember the past summer when China was "set to overtake the US as the world's greatest economy" or something like that... didn't work out so well in the short term.

I'm no economist- I have no idea how any of this will play out. But if everyone followed that first headline's advice to "sell everything" it would certainly make the markets turn upside down.
 
Thenut

Thenut

Frontiersman
Trusted Trader
here is the fun part

these groups are the one of the exact reason we are in such a shit financial state. so......should we listen to them now?

lol, 2016 was set to be a bear market. sell everything so capital heavy folks can buy a bit later (there is an expected rebound, but who knows)

short of it is unless you are already capital heavy and diversified you are going to get reamed. for small time investors the markets have been nothing but suicidal in the past decade
 
Thenut

Thenut

Frontiersman
Trusted Trader
dial1911 said:
Sometimes I think reporters just need something to report on... Remember the past summer when China was "set to overtake the US as the world's greatest economy" or something like that... didn't work out so well in the short term.

I'm no economist- I have no idea how any of this will play out. But if everyone followed that first headline's advice to "sell everything" it would certainly make the markets turn upside down.
Click to expand...
they did overtake us in terms of PPP (purchase power parity). but that means nothing outside the realm of upper economics and policy (aka shit). kinda like the gdp, the macro economic postulating is fucking garbage generally speaking

want advice? take it from an economist such as myself. if an economist has a good policy proposal: do the opposite
 
Shemp

Shemp

Boomerwaffen Fuddmander
Kalash Klub
Lifetime Supporter
Thenut said:
here is the fun part

these groups are the one of the exact reason we are in such a shit financial state. so......should we listen to them now?

lol, 2016 was set to be a bear market. sell everything so capital heavy folks can buy a bit later (there is an expected rebound, but who knows)

short of it is unless you are already capital heavy and diversified you are going to get reamed. for small time investors the markets have been nothing but suicidal in the past decade
Click to expand...

yeah...but you want to be a good citizen, don't you?
 
Shemp

Shemp

Boomerwaffen Fuddmander
Kalash Klub
Lifetime Supporter
Thenut said:
they did overtake us in terms of PPP (purchase power parity). but that means nothing outside the realm of upper economics and policy (aka shit). kinda like the gdp, the macro economic postulating is fucking garbage generally speaking

want advice? take it from an economist such as myself. if an economist has a good policy proposal: do the opposite
Click to expand...

So I shouldn't take your advice and listen to GDP stats and sell everything? I'm confused
 
Shemp

Shemp

Boomerwaffen Fuddmander
Kalash Klub
Lifetime Supporter
Maybe these guys are right. I should sell everything I own, cash out my retirement accounts and move to Venezuela to live like a king since money can buy you whatever you want (even toilet paper).
 
Laufen

Laufen

Beloved flaming retard
Lifetime Supporter
Is anyone doing any buying? A financial writer friend of mine just sent me an email and said he's gently dipped into UCO and UPRO. I've done a little buying in the last 5 days, but I'm waiting for a little while before adding more.
 
Strider12

Strider12

Sniper
Lifetime Supporter
Laufen said:
Is anyone doing any buying? A financial writer friend of mine just sent me an email and said he's gently dipped into UCO and UPRO. I've done a little buying in the last 5 days, but I'm waiting for a little while before adding more.
Click to expand...
I'm waiting till mid-late March. I'm beginning to believe this is going to be one "hot" summer. Especially for oil.

Sent from my SAMSUNG-SM-N910A
 
Laufen

Laufen

Beloved flaming retard
Lifetime Supporter
Strider12 said:
I'm waiting till mid-late March. I'm beginning to believe this is going to be one "hot" summer. Especially for oil.

Sent from my SAMSUNG-SM-N910A
Click to expand...
It's closer than that to taking off. Have liquid cash in your trading account and an itchy trigger finger.
 
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