Stock Market Predictions

[Caf]

Yeah, and it seems that the experts are not concerned over these alleged "cracks". #24K

Is that why the Fed is bending over backwards to express flexibility?

Anyone have anything to say about GE? The stock has been on a tear, but the financials suggest it's on the cusp of getting a junk rating.

[Masterofreality]

Is that why the Fed is bending over backwards to express flexibility?

Anyone have anything to say about GE? The stock has been on a tear, but the financials suggest it's on the cusp of getting a junk rating.

GE is a mess with a gigantic debt load. The recent small stock recovery, NOT a tear, is pure speculation based upon the thought that they'll sell their highly profitable jet engine business and Nothing to do with the overall economic conditions. WSJ had a very detailed analysis of where GE as a corporation went wrong over the last few years, about 3 weeks ago. There have been some very bad moves, many having to do with the hubris of the management establishment (Immelt to Flannery) and the stubbornness of going through with a very poor company merger/acquisition that has trashed GE stock. I used to be a shareholder, but was also told all about this a while ago then sold at 22. GE is a huge shambles. Do NOT buy at least until this outsider Culp, a rarity for GE to bring somebody in from outside the culture, shows concrete signs of progress.

[Masterofreality]

One last thing on GE. Do. Not. Buy.
F16767C1-74CC-4B25-9AA7-0545530265BE.jpg

[Caf]

Their leverage ratio is over 4. One has to wonder why they haven't been downgraded further. They are not investment grade. Maybe more rating agency non-sense.

[Caf]

Modern-Monetary-Theory-and-Policy - AEI

MMT or Modern Monetary Theory is becoming all the rage it seems. Democratic socialists are on it like white on rice. I also wouldn't be surprised if Trump became a supporter of it given his approach to the Fed. Some way off, but I think this is where people and eventually Central Banks are headed.

[GoMuskies]

Crash! The S&P is now only up about 117% from where it was when this thread started and many of us were worried the rally was about to run out of steam!

[vee4xu]

Crash! The S&P is now only up about 117% from where it was when this thread started and many of us were worried the rally was about to run out of steam!

A stinking, lousy 16.7% annualized return with any money put into indexed funds over that time.

[GoMuskies]

Pain. My prediction is pain!

Note, the S&P would have to drop 10% more to hit its 52 week low. We only hit "correction" territory today.

[XU 87]

Modern-Monetary-Theory-and-Policy - AEI

MMT or Modern Monetary Theory is becoming all the rage it seems. Democratic socialists are on it like white on rice. I also wouldn't be surprised if Trump became a supporter of it given his approach to the Fed. Some way off, but I think this is where people and eventually Central Banks are headed.

I read the first paragraph about this theory receiving "mainstream economist attention" and then saw some of the the names of these "mainstream economists"- Paul Krugman and another economist who is an adviser to the Sanders campaign, and read no more.

[X-man]

I read the first paragraph about this theory receiving "mainstream economist attention" and then saw some of the the names of these "mainstream economists"- Paul Krugman and another economist who is an adviser to the Sanders campaign, and read no more.

Krugman is on record as being not a fan of MMT. Nor am I, for that matter.