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

That would be a decline of 22.1% to the numerant

 

Are you saying Obama reduced it 29% in his last 3 years. Yeah, I guess so.

 

More like a gop congress reduced it 51.1 percent in the four years they had control

 

He ask me for it. I just gave it to him.
The rest I have backed up with credible sources. Do you have any better ones?

 

As I said before, why can't it be because stocks are expensive relative to their long-term valuations. Is it better to purchase shares of Amazon at $2,000 or shares of Amazon at $1,500?

If PE ratios are at the highest levels since the NASDAQ Bubble, why would you want to invest in equities? Or maybe you do want to invest; maybe you're that type of investor. Regardless, most investors who are interested in generating long-term value for their clients should be concerned about stock valuations...



https://www.multpl.com/shiller-pe

I'm the expert in this conversation; I don't know why I need sources to substantiate. But since you asked, we can easily look at investor sentiment, which is recorded by the American Association of Individual Investors (AAII). Most investors are market neutral.

https://www.aaii.com/sentimentsurvey

 

Axios and TheWeek.com are credible sources for business and finance? Umm, since when?

 

I was wondering the same thing

 

So you're responsible for blowing it up in 2008 and being on the FED teet ever since?

 

That would be predictive.
You said you weren't predicting

 

I was 16 in 2008...

Also, it's unclear by what you are saying that you understand what Investment Banks do...

 

OUCH! Laid him out pretty good! That's gonna leave a mark!

 

How cute. But.

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

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

 

No, actually I didn’t. I have said since the late 90’s that we overvalue financial risk when compared to time based risks. We have changed the risk profiles so absurdly that those who take a financial risk reap too much of the reward. So much so that it is dragging the economy down.

 

Much better than Socratica.

 

Leverage massive quantities of risky bets and cry when they blow up?

Deal treasuries to each other, collect the commissions and let the FED exchange them for cash?

Get **** tons of money at near zero percent then park it at the FED for nearly 1/2% return ?

Have GAAP accounting principles suspended?
Get mark to market suspended?

Get $1.3T from the FED for several years consecutively in exchange for face value on derivative products worth pennies on the dollar?

Collapse if the FED normalizes rates to real market value?

Retards could make money as investment bankers with FED and government backing, but these morons blew their banks up.

 

I agree.
These conditions have been created by big government in it's never ending quest for financing. The big banks get protection in return for perpetuating US treasury fraud

 

Investment banks don't have access to the Fed's Discount window so I don't know what relationship you think Investment Banks have with the FED...

Or maybe you've confused investment making with commercial/retail banking... It's a very common mistake among individuals who don't know what they're talking about...

 

How? I participate in markets; I don't write about people who do...

 

That's cute, but as of today, according to investor sentiment, the market has a neutral outlook.

 

I'm as sentimental as anyone, but I'm not putting new money in the market now.
And if your as smart as you say you are, your not either.

 

I can make money and create new investment opportunities through all sorts of ways, regardless of market conditions... That is literally my job...

 

Put that with 5 bucks and you can buy a Starbucks.

 

Reading comprehension failure duly noted FTR!

Do you really NOT understand RELATIVE COMPARISONS?

That you FIXATED on an asinine strawman that had NOTHING WHATSOEVER to do with what I actually posted says volumes.

The IRONY being the story that you tell about yourself being HIGHLY MOTIVATED to leave poverty while DISPARAGING those who were less fortunate to achieve the same ends. Or was that all just made up? I doubt that we will ever know for sure.

Furthermore you have abjectly FAILED to explain how much "motivation" it takes to hire people to grow your existing wealth with the implied threat of firing them if they fail to make that happen irrespective of the reason behind that failure.

Once you already have wealth it is easy to invest it and watch it grow without lifting a finger if you don't feel the need to do so.

Compare that to the poor person WITHOUT any wealth to rely upon who MUST WORK every single day just to feed, house and clothe themselves and their families.

The STARK DIFFERENCE in those motivations is OBVIOUS to anyone who spends even just a few minutes thinking about it rather than just spouting off uninformed prejudices against those less fortunate than themselves.

 

'nuff said!

Those of us with a couple more decades behind us don't have the luxury of time to correct any mistakes we would make by remaining bullish in equities at the present time of great uncertainty owing to the irrational BLOTUS in the Oval office.

What I have left in equities now is only in VALUE stocks and the rest is in money markets and treasuries because I would much rather just wait this out and perhaps lose a little bit in earnings than I am to take the exceptionally HIGHER RISK of having the majority in equities.

We are already long overdue for a recession and it will eventually happen. Like so many others I am prepared to be patient.

Not my problem if that hurts the stock churn business model of investment banks in the Wall Street Casino.

 

IOW's selling the Wall Street Casino disinformation about the reality of the risks involved by hiding them behind fabrications of "getting rich" which is really no different to what is happening in Vegas.