Millennials are making ‘World War 3’ trend on Twitter and they need to fuck off about it. The only thing Iran is capable of doing is receiving our bombs. There isn’t a presence in the world that could threaten US interests, so the idea of a ‘world war’ is somewhat laughable and a farce.
The good thing about this sell off it is dropping yields, down 5bps to 1.81% on the 10yr. The only cause for my concern heading into 2020 were yields going over 2%. Markets are off this morning, but nothing too exaggerated and the buyers have already stepped in and the sellers given up and gone home. However, the day is young and I seriously doubt we’ve seen the end to the ‘volatility’, which is more Wall Street gibberish for ‘down stocks.’
The Fear-Greed index is entirely at the greedy side and you’re all chocolate eating Hansel and Gretals waiting to be destroyed. You deserve it and you shall have it soon. I hope the old witch snatches you up and cooks you inside of her oven and then eats you.
You can’t have WWIII without Russia or China, and those countries’ leaders are likely smart enough to watch us continue to destroy ourselves without their help.
Anyway, Iranian politics will demand that they respond in some way …some way that is a lot stronger than the attack that killed an unknown American contractor and caused the idiot Trump to give the neocons the go ahead for their long-sought hit on Suleimani. So what will Trump do in response to a stronger Iranian action? He likely has not thought this through, but the PNACers who have had Iran on their list since the late 90s have.
LOL at the headline. So right about those God damned Krauts.
BTW Fly, aren’t you AND your kids BOTH millennials technically?
No, Fly is GenX, just like everybody born in the ’70s.
Also, as a reminder, during both WW I and WW II, the US was never bombed, either. There is no country in the ME – not even Isreal with the Billions we give them – that can take beat the US, but the damage they need to inflict is minimal in order to injure the American Psyche (as in 9/11).
The main threat the US faces is from a cyber-war. The US is very vulnerable, and also has the most to lose becuase of out high dependency on it. The goal of any country fighting the US is not to *beat* the US, but to cause enough pain for the American population to force a withdrawal.
Correct me if I’m wrong but wasn’t Pearl Harbor a bombing? LOL
The Japs also shelled the mainland and sent over exploding balloons.
cancel, yup, you definitely got me there. I was thinking about the continental US.
Very doubtful that any ship other than a submarine came within striking distance of the US, so it was never shelled. It would have been suicidal as the ship would have been spotted long before it got close. To shell a shoreline, even the largest battlehips of all time would have to be 50 miles form shore or much closer (half that for the US battleships, but some of the the Japanese ones were bigger so i don’t know their range).
We were shelled brah, look it up, thems the facts. Only a few times, and yes I think just subs. Out here on the west (best) coast there are a bunch of cool old forts that I like to visit so I’ve actually been one place that was shelled. Believe it or not, I’m sitting in a 1943 built old air force barracks right now as I type this….
https://www.history.com/news/5-attacks-on-u-s-soil-during-world-war-ii
I’m Genx and my kids are ZOOMERS
I other news, my 30ys are back at 2.25%, a day after the market hit new ATHs. Probably doesn’t mean anything. I was wrong about 2019, so obviosuly that means that stocks can’t go down and valuations don’t mean anything.
Of course valautions NEVER eman anything… until they do…
You weren’t just wrong. You were cocky as hell and incorrect every step of the way, blinded by bias. “But but my bonds”
Cocky, sure, but the only reason I had bad calls is because I actaully *posted* my calls. I also had plenty of good calls as well.
https://ibankcoin.com/flyblog/2019/12/01/futures-soar-markets-rigged/#comment-564810
Even despite this bull market, ROKU still hasn’t breached $150, and IBB stopped where I said it would. I did say APPL would hit $300 (although that was a late call).
AMZN was my biggest loss last year, but I still think it will go below $1500. Of course, if people want to pay $60,000 for a Honda Accord, I can’t stop them from doing that either.
As for “But but my bonds”, considering that those are my biggest investement holdings, I don’t see why you think that should be ignored. “But but my index fund”
Why don’t you set a target for where you see the market in the next 3, 6, or 12 months? I won’t hold my breath: you can’t be wrong if you stay silent, right?
I see no reason to try and predict short term moves. It does not make me money. I purchase about $10k in new investments every month, in whatever has fallen out of favor and needs to be rebalanced. Right now that is bonds and to a lesser extent, REITs. I enjoy making money a helluva lot more than churning my portfolio and proving something to internet strangers. And no, that does not mean there is no point in reading this blog.
IBB had a failed breakout at $122 and is heading to close the gap near $115. If you are bullish on the market, then that would be a buying opportunity.
https://ibankcoin.com/flyblog/2019/11/27/biotech-worked-trades-prove/
a quick increase in gold lately. An up-trend is to be seen in all the time frames. Gold seems to be more a trading vehicle than anything, however, marketing-wise it is deamed a safe haven, an inflation hedge, a recession hedge, a geopolitical safe haven, an alternate store of wealth and general lover of uncertainty. Looking at safe haven demands in times of crisis leaves gold and swiss franc with a scattered history of periods when they worked as such. The only real work horse safe haven has been US treasuries (e.g. 10 yr).
But if an up-trend is what is needed, here we have one and it could catch more popularity yet.
Japansee marines landed in Alaska.
The Japanese Pearl Harbor strike pilot Fuchida also bombed Oregon from a sea plane.
The Japanese also struck the American territories Guam and Midway.
What is this 1960 before duckduckgo?