The Stock Market Thread

this guy is very interesting:



I've been buying long bonds for people recently

 

I’ve seen it speculated that there’s no pivot coming due to the declining demographics there’s no rebound coming from anywhere else in the world.


I think the rate of increase has almost came to an end but higher capital cost are here to stay

 

Seriously, that looks like voodoo and a bunch of garbledegook to me. How do you finance people read that shit and make sense of it?

 

20 years of experience helps

 

Berkshire Hathaway has $167 billion of cash on hand.

 

What does this suggest?

 

There’s no good place for them to put their money and they’re stacking cash for what’s coming

 

See 53s reply.

 

That is a LOT of cash. It is kind of scary how a single entity could swing an entire economy if they threw that weight around (a la JP Morgan).

Much like the guy at the final table in a poker tournament with the big stack. Can just bully the table around.

 

I'm not saying this is the case, but it is also possible that they are planning a big acquisition. Because they also have like 10 times that in assets still in.

 

When they find something they like at a price they like, I have no doubt they will. They don't have neither right now.

 

Yeah there’s just not many places to safely put money right now. Six stocks is the whole game right now and they’re way over bought.

 

Damn we just hit the point of having to create $2.50 of debt to generate a dollar of growth.

 

Unfortunately we need to raise taxes

 

Just have to undo the unfunded Trump tax cuts.

 

Can’t taper a Ponzi scheme though.

I don’t think raising taxes is going to close the gap of the economy being dependent on deficit spending and taking more and more deficit spending to get that high.

 

Problem with raising taxes is for it to work we've got to at least freeze (preferably cut) spending. Otherwise we're just throwing more into the void.

We're addicted to MMT, and I'm far from convinced it's true.

 

We've needed to raise takes for 20 years. Also need to cut spending in conjunction with that. Each party pretends the solution is only one half of what's actually necessary.

 

It’s a Ponzi and a great gig as long as you own real assets and have connections close to those that run the money printers