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Posted: 8/23/2017 12:24:41 PM EDT
HSBC, Citigroup, Morgan Stanley say end of market boom is nigh
Breakdown in trading patterns is signal to get out soon HSBC Holdings Plc, Citigroup Inc. and Morgan Stanley see mounting evidence that global markets are in the last stage of their rallies before a downturn in the business cycle. Analysts at the Wall Street behemoths cite signals including the breakdown of long-standing relationships between stocks, bonds and commodities as well as investors ignoring valuation fundamentals and data. It all means stock and credit markets are at risk of a painful drop. “Equities have become less correlated with FX, FX has become less correlated with rates, and everything has become less sensitive to oil,” Andrew Sheets, Morgan Stanley’s chief cross-asset strategist, wrote in a note published Tuesday. His bank’s model shows assets across the world are the least correlated in almost a decade, even after U.S. stocks joined high-yield credit in a selloff triggered this month by President Donald Trump’s political standoff with North Korea and racial violence in Virginia. Just like they did in the run-up to the 2007 crisis, investors are pricing assets based on the risks specific to an individual security and industry, and shrugging off broader drivers, such as the latest release of manufacturing data, the model shows. As traders look for excuses to stay bullish, traditional relationships within and between asset classes tend to break down. View Quote Maybe it'll happen on a Monday? |
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So market uncertainty driven by world uncertainty might lead to a downturn. Got it.
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Doubt it. We haven't had a a major correction in almost 10 years, why would we suddenly have one now?
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market is overbought. i dont know what the definition of correction is so i cant say for sure. but i expect the market to fall. i dont expect something like 2007 2008 unless there is some significant bubble like the housing/real estate/mortgage of the last correction or the hugely overpriced NASDAQ before the dotcom meltdown. but its coming.
all bets are off though if something crazy happens, something with trump or something with NK. big boys are poised for the shorts simply waiting for the signal when all prisoners will be released. |
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Let's see what Yellen has to say today out there in the Hole
Krazy Kim is a wild card as are the local communists,the GOPe,NeoCons,RINOs their compatriots in Antifa and BLM Chinese lukewarm friendship with Kim makes the world real confident with the Yuan as reserve currency. The USD where else are they gonna go? |
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Isn't that a bit like saying the sun will set tonight?
And then come up again tomorrow morning? No shit, in other words |
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market is overbought. i dont know what the definition of correction is so i cant say for sure. but i expect the market to fall. i dont expect something like 2007 2008 unless there is some significant bubble like the housing/real estate/mortgage of the last correction or the hugely overpriced NASDAQ before the dotcom meltdown. but its coming. all bets are off though if something crazy happens, something with trump or something with NK. big boys are poised for the shorts simply waiting for the signal when all prisoners will be released. View Quote |
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Well unless you're planning on spending the money next year you'll be fine. In which case it shouldn't be in the market anyways.
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That. Plus buying opportunity if you have some extra cash laying around. I'll take it now vs. 30 years from now.
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market is overbought. i dont know what the definition of correction is so i cant say for sure. but i expect the market to fall. i dont expect something like 2007 2008 unless there is some significant bubble like the housing/real estate/mortgage of the last correction or the hugely overpriced NASDAQ before the dotcom meltdown. but its coming. all bets are off though if something crazy happens, something with trump or something with NK. big boys are poised for the shorts simply waiting for the signal when all prisoners will be released. View Quote |
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How many hundreds of millions will the bankers and CEOs make in bonuses for crashing the economy this time?
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View Quote Yet prices Increase Is it cause there aren't enough houses? Houses here are sold before they're even built... |
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We're safe so long as we all believe that the price of tulips will never fall. View Quote Skinner: Well, I was wrong. The tulips are a godsend. Lisa: But isn't that a bit short-sighted? What happens when the price of tulips falls? Skinner: No problem. We simply unleash wave after wave of Adjustable Rate Mortgages. They'll prop up the tulips. Lisa: But aren't the ARMs even worse? Skinner: Yes, but we're prepared for that. We've lined up a fabulous type of long running car note and college debt that can't be discharged in bankruptcy. Lisa: But then we're stuck with new entries into the economy that will never escape debt and can never enter the middle class! Skinner: No, that's the beautiful part. When wintertime rolls around, those people will simply freeze to death. |
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The big banks shouldn't worry, we'll bail them out no matter what
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Self fulfilling prophecy... Obviously the market is going to go down in the future, nobody knows when. I think the firms want it to so they can take gains and then invest again.
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4chan posted some Rothschild fund report that stated the S&P is overvalued, trading at 25 times earnings, while the historical average is 15 times earnings.
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I should be up to a little more than 25% cash in a couple of weeks.
I'll be ready... |
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US dollar has been rapidly loosing value since April.....most people didn't pay attention. 15% drop in value.
What also people don't realize is that the rise in stock prices is actually due to weakening US economy and thus USD. Weakening US dollar is good for US corporations with global footprint, makes their profits go up due to currency exchange effect. Fudds on the other hand think it's because economy is doing so well, hah. |
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US dollar has been rapidly loosing value since April.....most people didn't pay attention. 15% drop in value. What also people don't realize is that the rise in stock prices is actually due to weakening US economy and thus USD. Weakening US dollar is good for US corporations with global footprint, makes their profits go up due to currency exchange effect. Fudds on the other hand think it's because economy is doing so well, hah. View Quote |
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View Quote It will bounce back faster, the loans weren't nearly as easy to get and resold as "securities". |
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I've never understood how you have such a right-leaning economic ideology, yet it isn't reflected in your political ideology. They usually go together. What gives? View Quote |
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Just like last time, housing prices skyrocketed for no particular reason, greedy developers tried to beat each other to build more overpriced stick-homes, and then the market stopped when all those who could afford or wanted those things had one already. It will bounce back faster, the loans weren't nearly as easy to get and resold as "securities". View Quote |
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I generally look long term, no one to catch a knife- Dividends and interest, etc.
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And now it's a self fulfilling prophecy.
This is how this kind of shit gets started. |
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Damn, I just put a buy order in. View Quote Attached File |
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