Rich people are hoarding cash, and wealth managers are getting frustrated

It's much worse than "rocket surgery [sic]." It's stochastic calculus, bayesian statistics, Ito lemma process, the Kelley criteria, etc etc. There is a ton of research and mathematical analysis behind how asset prices behave.

And then the markets recovered. Obviously, if whatever Trump did was supposed to be permanent, markets wouldn't be where they are right now.

This is because you cannot predict asset prices. No one can. Anyone telling you where the market "should be" should be disqualified from being taken seriously.

Zack is good if you're okay with underperforming markets consistently, which most investors do.

 

Six or seven instances have zero statistical significance or predictive probability.

 

Far too many from what I've seen.

 

We're not being asked to just provide necessities anymore. We're being asked to subsidize peoples luxuries.

If you're gonna demand my money for food, shelter and other necessities, you damn well better not be spending money on luxuries, cuz then you're just a piece of ****

 

It's not predicting if it already happened.

 

So your six or seven historical examples have no predictive value, is that what you're saying?

 

Trump just said on TV that the war in the middle east cost us 7 Trillion dollars... so guess now we know why are debt is 20 Trillion....

https://www.washingtonexaminer.com/...g-mistakes-trump-takes-parting-shot-at-bolton

"So we’re right now in for over $7 trillion into the Middle East. "

 

No. It's confirmation that it works.

 

Bayesian. Maybe.
Socrratica, naw.
But nice words.
Would you say Trumps shutdown dip was a random event? I don't think so.

 

Yeah, that's about the only thing you've said thus far that was anywhere remotely correct...

 

ALL of it is about their grubby little hands getting access to the stuff that otherwise must be earned. They can't stand the thought that they'll only get it if they 'work' for it. And by work I mean live a life of self-discipline and effort. Spoiled babies.

 

Not sure if you're joking, but yes that's it exactly.

They buy expensive crap because crap is 'easy'.

 

You must know some very unusual people. Every rich person I know (and I know a lot of 'em) currently works, or has worked, harder than 4 regular people put together. They also mostly have IRON self-discipline, and incredible determination. What a freaking joke .. to suggest the rich don't have a work ethic.

In the meantime, every First World 'poor' person I know is a lazy and dysfunctional asshat. Not doing a single thing about improving their situation (because .. eww, that takes effort, and thinking, and self-control), and sitting on their arse in their overpriced rental in their fancy coastal city, complaining that the govt isn't giving them enough.

 

Was it a random event when Trump shut down the government and the market went in the tank?
Was it a random event when China responded to his tariffs?
I think you be looking for a place to hide.
And no I didn't need to predict it he proclaimed it in advance.

 

This is what the people that know, know.

Despite the bull market — in which stocks are up almost 20 percent this year — investors around the world have actually yanked over $140 billion out of equity funds so far this year and are shoveling their money into low-risk, low-yield government bonds and money market funds instead. That's because they fear the market's potential volatility, Axios reports.

Stocks have remained strong, though, mostly because of company buybacks and low volumes

What a waste of borrowed money.

https://theweek.com/speedreads/851859/investors-are-fleeing-stocks-why-market-still-rising

I'm sorry. The real money people know way more than you do.
You can't ignore what is actually happening.
Well, maybe you can. You seem to be trying to.
Maybe you can "create" some more baseless claims.

 

Give it a test.
You screamed about "jobs" for 8 years under Obama, and they were the same crap jobs

 

You mean you cant overpay for a home, finance the whole thing and retire rich ?

 

I do securities lending strategies for one of the top investment banks in the country.

Yet, somehow, I'm not "real money peoples." I guess that makes sense.

Why don't you tell me what is actually happening in the most coherent way you can muster?

 

Were you able to predict that the government was going to Shut Down? If not, then they're considered "random events."

If you know what is going to happen beforehand, then it's not random. Still not sure the point you're trying to make here.

 

Trump said he was going to shut down the government. Did you miss it?
So your right on one thing, it was not a random event, but it sure messed with the stock market.
So the point is... Many events are predictable.

 

Is that you?

 

I told you what is happening here.
http://www.politicalforum.com/index...ting-frustrated.561376/page-9#post-1070963913

 

You told me? I thought you were just copying and pasting someone else's ideas.

Regardless, has it ever occurred to you that there may be reasons why investors may not want to buy into stocks, despite the bull rally?

Perhaps stocks are just too expensive relative to their long-term valuations. S&P 500 PE ratios are currently trading at 22.4x, while the historical average is around 15x. Shiller PE is around 30x; it's its 35x large-cap growth stocks.

Of course, it's never occurred to you that fixed-income is just cheaper relative to equities. Then again, you might not be a "real money person."

 

None of which are related to the stock market. There is a mountain of research demonstrating his; it's practically settled science.

 

Is this the beginning of a new discussion or a dodge on the old one?