THE ERA OF TRUMP

[Smitty-48]

Yes, of course, they're fleeing the United States to Canada, for our more prosperous economy, greater freedoms, and fabulous climate.

[Ex-California]

I want to comfort Faith Goldy and tell her its all going to be ok

[Ph64]

I want to comfort Faith Goldy and tell her its all going to be ok

Oh ye of little Faith?

[apeman]

I'm probably voting for Johnson next time.

I am gone for like 3 weeks and this is what happens?

[apeman]

Calling down Doom on the FANG? Bold move...

One day. One day folks will care about revenue streams versus price, not eyeballs, not magic elon musk dust, not hope and dreams.

Some boring large companies have very reasonable p/e and established revenue streams, they are fine, but no one is bidding them up to the moon.

Goldman and Atlanta FED say we've enjoyed .3% GDP for Q1. We are straddling the line between positive and negative growth.

[SuburbanFarmer]

Calling down Doom on the FANG? Bold move...

One day. One day folks will care about revenue streams versus price, not eyeballs, not magic elon musk dust, not hope and dreams.

Some boring large companies have very reasonable p/e and established revenue streams, they are fine, but no one is bidding them up to the moon.

Goldman and Atlanta FED say we've enjoyed .3% GDP for Q1. We are straddling the line between positive and negative growth.

Yet, the S&P is bumping against ATH again. Just bought me some VXX for the weekend.

[Smitty-48]

Some boring large companies have very reasonable p/e and established revenue streams, they are fine, but no one is bidding them up to the moon.

Dividend stocks have been doing well though, AFL; p/e 11, pays 2.3%, doubled your money in 4 years, COST; up to $177, paid a 7% special dividend, AAPL is up to $143, the p/e is 17, but pretty sure it's all the rumors swirling about them doubling the dividend. If AAPL goes above 3%, that's gonna get pretty hot.

Free money has an overheating effect, no doubt, but the "bubble" aspect can be overstated, it's the same thing in real estate, yeah, free mortgages drive the prices up, but in the markets which are hot, there is an underlying demand to supply driver which is sustainable at double or even triple the current rates, the money supply would really have to be restricted in a major way to cause a serious correction, and I don't see the Fed doing that anytime soon.

Even when HFT's go auto-short and panic correct, that's a near term blip, it bounces right back on the otherside, HFT's are actually programmed to be morons, essentially just automates the day trader derp.

The Zerohedgers and their "ZOMG Yellen!", it's way overblown, whatever the Fed does, it's going to be incremental, and there's no fundamental underlying black hole, where it would spiral down and stay down, a big correction would actually be nice right about now, but I don't think we're actually going to get one.

For a black hole, it would have to go from free money to double digit, overnight, but where's the beef? I don't see what would be pressuring them to do that, or anything close.

[apeman]

Some boring large companies have very reasonable p/e and established revenue streams, they are fine, but no one is bidding them up to the moon.

Dividend stocks have been doing well though, AFL; p/e 11, pays 2.3%, doubled your money in 4 years, COST; up to $177, paid a 7% special dividend, AAPL is up to $143, the p/e is 17, but pretty sure it's all the rumors swirling about them doubling the dividend. If AAPL goes above 3%, that's gonna get pretty hot.

Free money has an overheating effect, no doubt, but the "bubble" aspect can be overstated, it's the same thing in real estate, yeah, free mortgages drive the prices up, but in the markets which are hot, there is an underlying demand to supply driver which is sustainable at double or even triple the current rates, the money supply would really have to be restricted in a major way to cause a serious correction, and I don't see the Fed doing that anytime soon.

Even when HFT's go auto-short and panic correct, that's a near term blip, it bounces right back on the otherside, HFT's are actually programmed to be morons, essentially just automates the day trader derp.

My beliefs line up with yours, pretty much.

We never had such lofty valuations in everything (stocks/bonds/real estate) at the same time before, not sure what that means. Also, the public now accepts the idea of central banks outright buying securities to float markets -- and with the retirement crisis and wayyyy underfunded public pensions, I am pretty sure that all stops will be pulled to keep stocks elevated.

IF market crashes 50% tomorrow, CALPERS is gonna cause Cali residents to substantially jack taxes? No, no, we will continue to turn the dial away from markets are towards central management. Sucks, but that's what it looks like to me.

Boring crap like Verizon and AT&T have limited upside and downside, low p/e,and just lumber on, puking up 5% dividends too.

[Smitty-48]

I think Verizon and AT&T have great upisde, you just have to be patient and take your dividends as you go, same with all of them, Johnson & Johnsom, Phillip Morris, Proctor & Gamble, Pfizer, Exxon, Microsoft, etcetera.

[Smitty-48]

See, the way I think about it, there's vertical upside and there's horizontal upside, but if you're not cashing out, vertical upside doesn't neccesarily do much for you, whereas horizontal upside, cashing in as you move to the right, that's more often the real upside right there right thur.