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but seriously.... do i think a recession is coming?
defined as two quarters of negative growth
if QE wasnt in place, everyone would have been fucked
even with it in place, growth is so miminal
FED is not doing any more monetary policy and has pointed to the US to address it with fiscal policy
europe is not going to have positive GDP.. i dont see how when everyone is implementing austerity measures
China is already forecasting its exports are slowing or DOA
even though it has a positive GDP factor... it is slowing too and is reflecting the fact that world demand for its exports are slowing
like you say, companies are cash rich on its balance sheets and cutting costs by reducing payroll..
how the hell does that look like the economy is growing????
they just hoarding for a rainy day i think
but talk to the locals here, business owners, landlords etc
sentiment is not good.. .more for lease signs popping up in downtown area... avg work per week for employees are getting cut
and we're in canada where shit is good
did you hear what Paulson's hedge fund performance this last year? he went long equities/commodities and got burned bad... down 47% this year alone..
and this is the guy who bet against subprime and got it right (you know, the GS scandal)
i dont beat my chest unlike you trying to justify companies i own or trade etc
denial is the worst for justifying positions in any portfolio
just letting guys here made aware that prices should come down if you have long term perspective, so why buy now?
you say you have a diversified portfolio... give me a break...CAT CUMMINS POT commodities etc....
do this forum a favor and show what a truly diversified portfolio is
a five stock basket isnt it
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