I'm neutral, haha. But seriously, if you're not bullish longer term, you're nuts, because over the long term inflation will always nominally reward the bull and punish the bear, even if the actual buying power of the liquidation value of the equities can fall while prices rise.
AAII
#11
Posted 09 July 2020 - 01:58 PM
#12
Posted 09 July 2020 - 02:05 PM
I'm neutral, haha. But seriously, if you're not bullish longer term, you're nuts, because over the long term inflation will always nominally reward the bull and punish the bear, even if the actual buying power of the liquidation value of the equities can fall while prices rise.
u erroniously assume that its buying that causes prices to rise
#13
Posted 09 July 2020 - 02:09 PM
What gave you the idea that I assume that? I admit my paragraph above was somewhat tortuous, but it certainly wasn't meant to insinuate what you indicate that I assume. I was just trying to say stock prices will always go up over the long term, even if what you can buy with the proceeds on liquidation (and deploy say in gold) may (or may not) buy as much as when the prices were lower.
#14
Posted 09 July 2020 - 02:16 PM
What gave you the idea that I assume that? I admit my paragraph above was somewhat tortuous, but it certainly wasn't meant to insinuate what you indicate that I assume. I was just trying to say stock prices will always go up over the long term, even if what you can buy with the proceeds on liquidation (and deploy say in gold) may (or may not) buy as much as when the prices were lower.
u sed u were neutral
#15
Posted 09 July 2020 - 02:20 PM
Now I'm not following you. If I were neutral, what's that got to do with assuming it's buying that causes prices to rise?
#16
Posted 09 July 2020 - 02:40 PM
Now I'm not following you. If I were neutral, what's that got to do with assuming it's buying that causes prices to rise?
"even if the actual buying power of the liquidation value of the equities can fall while prices rise."
#17
Posted 09 July 2020 - 02:43 PM
What I am saying is that due to dollar devaluation, the nominal stock prices can have risen while at the same time you can't buy as much with the inflated dollars you got in exchange for them after that rise.
#18
Posted 10 July 2020 - 12:49 AM
I don't think AAII can keep the market from going back to 2800 or 2700, it's not
looking good here, especially with another FOMC a few weeks away.
Edited by CLK, 10 July 2020 - 12:50 AM.
#19
Posted 10 July 2020 - 05:38 AM
I don't think AAII can keep the market from going back to 2800 or 2700, it's not
looking good here, especially with another FOMC a few weeks away.
thats exacty what u sed in may
#20
Posted 10 July 2020 - 09:10 AM
u erroniously assume that its buying that causes prices to rise
So if not buying, then what causes prices to rise?
thanks,gis