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Stanley Druckenmiller warns the stock market will be ‘flat’ for an entire decade

fortune.com

41–50 of 260 posts

Re: Stanley Druckenmiller warns the stock market will be ‘flat’ for an entire decade

#41

And Michael Burry has been predicting crashes every few years since the 2008 one. And Bill Ackman predicted 'hell is coming' at the onset of the pandemic and made $2B [0]. And there were US Senators that also did possibly illegal things to pull money out of the market before the public knew about the pandemic. Outside of disclosures filed with the SEC, stock trading is anonymous yet they will have all sorts of headli…

Yeah, but someday they'll be right.

Re: Stanley Druckenmiller warns the stock market will be ‘flat’ for an entire decade

#42

Earlier quoted context omitted.

Is this sarcasm? Few months before green energy turns the ship around? Oil/gas is the backbone of most economy, dare say we will remain dependent.

I think the poster is saying he expects the stock market to fall a few more months before turning around. Not that green energy will complete its transition in a few months. If you think oil/gas will demand the backbone, you ask yourself why none of the oil and gas majors are drastically expanding their production capacity during this time of high prices. Oil and gas, and their investors, are planning for their phase…

> why none of the oil and gas majors are drastically expanding their production capacity during this time of high prices

Because its a short-lived blip? Didn't we just have record lows less than 2-years ago?

Re: Stanley Druckenmiller warns the stock market will be ‘flat’ for an entire decade

#43
post #25

Earlier quoted context omitted.

Presumably dividends would balance it out though.

Dividends would balance out a 65% drop during the same period, how so?

I think we'd have to look at the data, but it's possible given that drop happened over an almost 20 year period. Dividends around 2-4% annual over that time could make up for it depending on specifics.

Re: Stanley Druckenmiller warns the stock market will be ‘flat’ for an entire decade

#44
post #5
post #4

that would actually be great, the volatility and speculation only helps a narrow group of dedicated traders. as long as stock market saves you from inflation, you should be happy with your investment

You do realize that the stock market will not save you from inflation if it remains flat for a decade?

But it kind of does, since you don't own cash but a portion of a company. As long as that company does well for the next 10 years and doesn't go to shit the "value" stays the same. 10 shares of Company X are still worth 10 shares of Company X in the future in that case. But the monetary value of those shares will most likely change based on inflation.

Re: Stanley Druckenmiller warns the stock market will be ‘flat’ for an entire decade

#45
post #5

Earlier quoted context omitted.

You do realize that the stock market will not save you from inflation if it remains flat for a decade?

People need to stop trying to find the best portfolio to keep up with inflation. It's futile. Just be happy if your portfolio appreciates 3% in a year, like our forefathers were.

Property is great because the government subsidizes fixed rate 30 year mortgages - you beat inflation on the backs of tax payers. I own a lot of property!

Re: Stanley Druckenmiller warns the stock market will be ‘flat’ for an entire decade

#46

"There’s a high probability in my mind that the market, at best, is going to be kind of flat for 10 years, sort of like this ’66 to ’82 time period" From another article on '66-'82: > The Dow went sideways, but the S&P actually earned a respectable 6.8% return in that time. 6.8% is hardly apocalyptic. The S&P 500 usually averages 10% over long timescales. His former hedge fund also delivered an annual average rate of…

I don't know about apocalyptic, but US Treasury bonds either exceeded that return, or trailed not far behind for much of that period. If you look at the S&P at a reward/risk perspective, it wasn't very attractive at that period of time.

Re: Stanley Druckenmiller warns the stock market will be ‘flat’ for an entire decade

#47

And Michael Burry has been predicting crashes every few years since the 2008 one. And Bill Ackman predicted 'hell is coming' at the onset of the pandemic and made $2B [0]. And there were US Senators that also did possibly illegal things to pull money out of the market before the public knew about the pandemic. Outside of disclosures filed with the SEC, stock trading is anonymous yet they will have all sorts of headli…

Yeah, but someday they'll be right.

Yeah but just because a broken clock is right twice a day doesn't mean you will keep looking at that clock

Re: Stanley Druckenmiller warns the stock market will be ‘flat’ for an entire decade

#49

Earlier quoted context omitted.

looking at the pullbacks in 2000 and 2008, there is a non-trivial chance that the S&P will bottom sub-1000

yeah who knows, in the long run it will go way up of course, as the USA and other industrial nations will grow and grow..

that's not clear either, w/population growth set to reverse in the next 20-30 years

consider the Nikkei...

no crystal ball

Re: Stanley Druckenmiller warns the stock market will be ‘flat’ for an entire decade

#50

We need to drastically increase pension ages and even abandon retirement as a mainstream concept. Working part-time in 60s and 70s should be commonplace.

why even let people quit? perhaps labor should be mandatory on pain of death
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