- The handsome European man will do whatever he has to in terms of stimulus. It doesn’t matter what he says. Just enjoy his accent and keep him away from your wives and daughters.
- European Misery is just another form of American stimulus. If that sounds harsh you can blame FDR.
Support for the S&P500 is 1950. Until then you have my permission to do whatever works best for keeping you personally loose. To that end, here’s a video by a guy who looks like a less-handsome relative of mine with a bad shirt explaining what a Mid-Atlantic accent is:
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Jeff, You know what is the best part of Today. With Draghi releasing a Bazooka, there is no need for my Central Bank Analysis for awhile. Kuroda will be on hold, FOMC is moving up, not down, All the others aren’t acting. So we turn to the Fundie World of a Global Economy in Stagnation (not my words, it’s the latest global Markit Report). Our Earning period is coming up, we go into silent mode, without any companies buying back their own stocks it should get pretty ugly. We are in a Global Glut of all things commodity, so absent massive sanctions or war..Oil should break the hearts of everyone when the Summer Switch is completed and the price can’t get a bid. (I wonder if Opec was out lighting up the Iran Missals yesterday, lol). No Sov Funds supporting the global markets or Chinese “Commodity funded” cash sloshing around, we are going to get so ugly. Foreign Buyers won’t be able to support our Real Estate Markets. For Autos, they have frontloaded the data so bad. You know when you see Enterprise running Car Sale Ads we have hit saturation. No Real Estate, No Auto Sales, No Foreign Investors…I should get my 1755ish on the SPX in less then six months for sure. But I am a Bear.
Sadly, it appears that we aren’t in FDR time. The Globe has been rebuilding us since 2009 and I don’t think we can return the favor.
There is history in the financial markets prior to 2009 that can shed light on the current environment…..I offer this as encouragement to enhance your education….
I have serious doubts as to whether or not your handsome European man can keep it together. The EU may not survive this period in history.
Informative and entertaining with truth of it within my own family amongst the elders (just the elders? Hmmm? Over the answering device one can’t tell my My Mother, My Aunt, My Cousin, My Sister, Myself, and my 21 year old niece apart. There is a vast age range and except for all growing up in Pennsylvania, we were raised in different regions. It often surprises me.
I had a French teacher who referred to it with disdain when I was a mere young’un.
Great history tie-in. History is so overlooked, (not STEM you know), because if something isn’t a new gadget we totally disregard its importance these days. It’s not difficult to see how 19th and 20th century socio-economic-political events affect us today. Or is it?