Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board


View Single Post
Old 10-04-2016, 11:32 PM   #35
ReplayRandall
Buckle Up
 
ReplayRandall's Avatar
 
Join Date: Apr 2014
Posts: 10,614
Quote:
Originally Posted by Parkview_Pirate
I think one could accurately state the markets are in a place they've never been before, with all the Central Bank interventions. Technical analysis is trumped by news flow and external intervention. So yes, in a sense, nobody really "knows" the markets.

The BEARS insist that the continuing increase in debt ($1.4T in 2016) and market manipulations to keep prices propped up will result in a massive correction - and soon. Fundamental changes like population overshoot, climate change, peak oil, etc., are combining to deflate the growth models that economic policy has been built on since the end of World War 2. Simple math indicates we're in for a massive deflation event. In other words, the 4th Turning.

The BULLS insist debt is not a concern, and "easing"/printing can continue indefinitely, and market pain is a thing of the past. There's no mechanism in the markets that prevents debt from being written off or deferred, and the Central Banks can make up the difference with their PRINT button. Technology like fracking and emission reductions will save us, so we can continue to party like it's 1999.

Needless to say, the politicians are not up to the challenge to seriously address these problems, and so toss political upheaval on top of the economic issues - and the outlook is rather gloomy, IMHO.
Not bad Parkview, not bad at all......Solid post..
ReplayRandall is offline   Reply With Quote Reply
 
» Advertisement
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 03:11 AM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1999 - 2023 -- PaceAdvantage.Com -- All Rights Reserved
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.