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by Higgenbotham
Sun Oct 18, 2020 6:44 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 22148
Views: 3169549

Re: Financial topics

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Why do we keep bailing out the Feds and the banks who can't seem to make a profitable loan on a property? How many rounds of this are going to need to happen before this circle jerk comes to a stop?
by Higgenbotham
Fri Oct 16, 2020 12:04 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 22148
Views: 3169549

Re: Financial topics

Given that it seems reasonable to say that we are in "The Golden Age of Fraud" what are S&P 500 earnings, really? Reminder from 2008: There was a great deal of embezzlement and fraud leading to the Great Depression of the 1930s. I've quoted this passage before, but it's worth posting again. John Ken...
by Higgenbotham
Fri Oct 16, 2020 11:33 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 22148
Views: 3169549

Re: Financial topics

The Golden Age of Fraud Where “Cycle of Lies” tries to psychoanalyze Armstrong, “Wheelmen” attempts to do the same to our world. “Lance is the inevitable product of our celebrity-worshiping culture and the whole money-mad world of sports gone amok,” Albergotti and O’Connell write. “This is the Gold...
by Higgenbotham
Thu Oct 15, 2020 7:11 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 22148
Views: 3169549

Re: Financial topics

And it's a new moon. Could give us a big down day. I'm prepared for the possibility anyway.
by Higgenbotham
Thu Oct 15, 2020 7:05 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 22148
Views: 3169549

Re: Financial topics

Sat Feb 23, 2013 6:24 pm aedens wrote: Your right H on the effect you note and the basis of category. Actually, the chaos collapse is easy to imagine. Very easy to imagine. It is already starting to happen. Ironically, whatever it is, they keep buying until it collapses. Really, though, I didn't ge...
by Higgenbotham
Thu Oct 15, 2020 12:13 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 22148
Views: 3169549

Re: Financial topics

This is Captain Powell speaking. We are beginning our descent and are out of tools. Flight Attendants, prepare for crash.
by Higgenbotham
Wed Oct 14, 2020 7:15 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 22148
Views: 3169549

Re: Financial topics

Chinese President Xi Jinping tells troops to focus on 'preparing for war'

https://www.cnn.com/2020/10/14/asia/xi- ... index.html
by Higgenbotham
Wed Oct 14, 2020 11:14 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 22148
Views: 3169549

Re: Financial topics

S&P 500 yearly chart - each bar represents one year. Gives a different perspective on how unusual this year has been. https://i.ibb.co/2M1YtyX/yearly.gif The chart shows the range on the S&P 500 has been 1400 points this year. The S&P 500 didn't even get to 1400 until 1999. And it was a bubble then.
by Higgenbotham
Wed Oct 14, 2020 10:34 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 22148
Views: 3169549

Re: Financial topics

Higg and John, on the subject of math ability I recently had this conversation with a person who is a stock broker and financial advisor: I pointed out that S&P themselves were forecasting a decline in 2020 earnings on S&P 500 down to about $ 90 per share, before an assumed (hoped for) recovery. Th...
by Higgenbotham
Tue Oct 13, 2020 11:37 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 22148
Views: 3169549

Re: Financial topics

S&P 500 yearly chart - each bar represents one year. Gives a different perspective on how unusual this year has been.

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