INCREDIBLY.....this guy says "IF a Global Collapse does NOT
occur, the stock market could be up 30-40% this year."
WHAT???????? Oh, the optimism of Wall Street
Guys!! LOL......
Are things really more scary out there today than they were
4 years ago?
"Around the world, the single narrative of collapse
has taken hold," says Ed Dempsey, chief investment officer
at Pension Partners. "Everyone is positioned for
collapse."
and
Fear and pessimism are
clearly in charge and on a roll right now. The recent
string of weak jobs data, talk of recession, the fiscal
cliff, and slowing growth in Europe and China are all
adding to investor angst.
"I'm not saying that the event can't happen or it
won't happen, I'm simply saying that bond investors are
positioned as if it [the cataclysmic event] has already
occurred, and therein lies the opportunity," Dempsey
says, painting a scenario that could see the S&P 500
finishing the year with a 30-40% gain.
While Dempsey says it is clear that we are in the
midst of a slowdown, and probably headed officially for
recession by the 3rd or 4th quarter, the current climate is just not that
threatening.
Context is King.
My Comments: Hmmmmmm...........
The Current climate is just not that
threatening....REALLY????
So.....because EVERYONE is so scared of a BIG
collapse......that makes this "an
opportunity??" lol.....
Even this guy says we are "probably headed for recession
by the 3rd or 4th quarter!"
They tell us, as some of us know, that:
"What you may not know is that there are
a dozen countries whose
10-year
debt is yielding less than 2% right now, and that 7 of
these are even lower than the U.S.,
including Switzerland, Japan, Hong Kong, Denmark, Germany,
Sweden and Singapore"
THINK ABOUT THAT..........10 major countries in the world
have their 10 year Government Debt/bonds with a yield BELOW
2% !!!!!!!!!!!!!!!!!!!!!!!
WHY? I've always said "You can't RAISE
interest rates in a weak economy. Why? You will KILL
ANY CHANCE OF an economic recovery." Well, with rates
so LOW......they simply CANNOT go any LOWER......and if the
economies of the world are already ON THE BRINK OF A BIG
PROBLEM.......and rates are as low as they can go..... the
ECONOMY JUST HAS TO get WORSE....and there is NO way left
for the Governments to help.
Well, they can do another "Quantatitive Easing." In
the case of the US.....QE3. But that just means
printing MORE money....and spending MORE by the governement.
How has THAT worked so far for everyone???
Not good at all!!
I still say......
the dominos are ALL LINED UP....just waiting for WHAT to
knock them all down?
THE RAPTURE!! Will the Rapture happen yet in
2012????
I THINK SO...... go to "Why in 2012" and see "Why on Rosh
Hashanah" too.....
TICK TOCK....
YFIC,
Randy
PS...I'm IN the Investment Business......have been for
the past 30 years. And I've never seen people so
leary to invest.....in almost ANYTHING.....as they are
now. What they are saying is "I'm willing to get next
to NOTHING on my money at the bank, in order to be assured
of NOT LOSING ANY MONEY."
that is EXACTLY what people are saying now in France and
Germany when they buy those country's shorter term
bonds. Those country's bonds are now yielding a
NEGATIVE rate of return. that means, if you invest
$10,000 for 90 days, not only do you NOT get any
interest.....you get back LESS than teh $10,000 you invest!
THIS INCREDIBLE event was taking place in the fall of
2008 in the days and weeks AFTER..
the Sept 2008 Banking Crisis in the USA.
Hmmmm.......so, that same thing is taking place NOW in
France and Germany.....and there hasn't even
been a BIG CRASH YET, like the Lehman
Brothers Failure that helped precipitate our crisis?
Well, either everyone's expectation of a global Collapse
is RIGHT...... or this guy in the video is right about
a huge buying opportunity!!!
Personally....I think people are skeptical for the RIGHT
REASONS!
Old quote: "Something wicked this way
comes...."