31–40 of 122 posts
This infographic is about as useful as that "legendary investor" who claims the world is going to end in chaos every year. What indicators are predicting a "pop" or that this is a "bubble?" What exactly are they predicting will happen? Just seems like a lot of numbers and infographic fear mongering otherwise.
Meh to almost everything here except maybe housing. Corporate debt is high because DEBT IS STILL CHEAP (fed is changing that). Of course they're going to borrow fuckloads of money, it's practically free by some measures! The indexing "bubble" is actually a correction for a lack of value from active funds. I don't expect the correction to be corrected. The cryptocurrency bubble is tiny. 65 billion? That's a rounding e…
practically free indeed, vs the practically have to pay for keeping my savings on a savings account... shrugs in discontent (tax is higher on my savings then the interest i get, for those that didn't understand)
Meh to almost everything here except maybe housing. Corporate debt is high because DEBT IS STILL CHEAP (fed is changing that). Of course they're going to borrow fuckloads of money, it's practically free by some measures! The indexing "bubble" is actually a correction for a lack of value from active funds. I don't expect the correction to be corrected. The cryptocurrency bubble is tiny. 65 billion? That's a rounding e…
practically free indeed, vs the practically have to pay for keeping my savings on a savings account... shrugs in discontent (tax is higher on my savings then the interest i get, for those that didn't understand)
Also, I posit that a lot of the inflation in indexes relate to redistribution of wealth. When fewer people have more, they are willing to pay more for just about everything: cryptocurrencies, stocks, houses in prime areas, etc. Bubble status would require some proof points suggesting we have reached systematically unserviceable levels of an underlying fundamental.
Demand isn't growing because 60% of the population is barely scraping by.
How do you increase demand? Roll back the tax cuts to the wealthy who have nowhere to put that money except into speculation and bubbles. Redistribute it back to the working class in the form of tax cuts, credits, higher minimum wage, and social programs. They will immediately put it to work by spending on things they need to get by. Demand increases.
That money trickles back up to the wealthy who receive the profits from that spending, and invest it back into the industries where demand is actually growing.
Voila, more growth, fewer bubbbles.
Fun fact: Capitalism depends on crises - they are not the exception, they are the rule. People forget that and treat it as something that happens, like a natural catastrophe. This is unfortunate, because this is a purely man-made thing, but still, even the high end media is kind of left in the dark about this central theme (let alone economists, who sometimes get lost in the details of their specialisation). Now the…
Meh to almost everything here except maybe housing. Corporate debt is high because DEBT IS STILL CHEAP (fed is changing that). Of course they're going to borrow fuckloads of money, it's practically free by some measures! The indexing "bubble" is actually a correction for a lack of value from active funds. I don't expect the correction to be corrected. The cryptocurrency bubble is tiny. 65 billion? That's a rounding e…
Just few examples of putting things into context:
* Household Debt Service Payments as a Percent of Disposable Personal Income https://fred.stlouisfed.org/series/TDSP
* Household Financial Obligations as a percent of Disposable Personal Income (FODSP) https://fred.stlouisfed.org/series/FODSP
* Household Debt to GDP for United States© (HDTGPDUSQ163N) https://fred.stlouisfed.org/series/HDTGPDUSQ163N
The VW logo above "BMW"...
But honestly, I've grown tired with all the doom-and-gloom oracles every year, they irritate me much more than the "everything is fine, nothing to see here" ilk.
And when a recession finally happens, you'll see all those broken watches on a daily basis in the media proclaiming they "predicted" it in 201x and nobody listened and I'll have to really hold myself not to smash the monitor...
On a side note, who (apart from the few investing) cares if cryptocurrencies are a bubble? It's currently not even a footnote to the global economy
Whoa - five stocks (Amazon, Facebook, google, Apple and ?) account for most of the gains in SP500 this year?! Seriously?
Meh to almost everything here except maybe housing. Corporate debt is high because DEBT IS STILL CHEAP (fed is changing that). Of course they're going to borrow fuckloads of money, it's practically free by some measures! The indexing "bubble" is actually a correction for a lack of value from active funds. I don't expect the correction to be corrected. The cryptocurrency bubble is tiny. 65 billion? That's a rounding e…
