Member Info for SteveJones999

No worries Cowichan, but this is not a crypto forum Cowichan- and I don't post CEY on crypto forums... the prob with crypto is it's sooooo broad- anyone who goes for minor eg Terra being a classic example is a risk too far for me- I stick to what I see as the key ones with differing methods which I believe will all succeed and worth the risk as my smallest amount of my funds allocated as the highest % risk asset- the next highest being gold miners... the vast majority of commentary out there is pure clickbait- the nature of the beast, as is so much of the gold people predicting on youtube- how wrong have they been...

A completely different crisis to 2008- hence my mild recession and not like 2008. Inflation will top and drop- rate rises will to and drop about 6months later (the drop part).

Here we go again- bored are we crypto bashers?
Compare gold with crypto since 2012 and gold miners over the past 5years or even the same time frame and I rest my case, .
If you don't hold it, don't criticise it, else who are you trying to convince bar the echo chamber bods? Those on this forum who hold some crypto like me also hold CEY, yet I don't bash what and I don't hold- and if you really think crypto people swap to gold or vice versa then you're deluded.

Inflation-
Then of course, rates increases will do the same but normally require more time especially has the fed along with all other world economies have been wrong.

It's playing out similar to last months CPI- the FED hikes range is 50, 75.100 next week- of course 75bps is now most widely favoured- traders make around this move. The big drop overall after the news showed this. Prior to this, as gasoline had dropped many thought inflation topped, and other things increased greater. I expect 75 and again the same to happen next month with a slight recovery back so long as there is no negative hints, and then a rise break through next month figures- at some point this will top and turn, I said that this would happen this year and still expect this to be the case. Should oil keep down there will be a follow through in all the other prices heavily reliant upon it.

Correct Spoonington- supply side

Like I've been saying since January this year, inflation will top and decline later this year- any recession will be shallow and nothing like 2008 as the drivers are totally different- I sound like a stuck record but yet again, nothing in todays data make me change my mind

Sotolo,
Presumably you've read the article- he's not advocating "Sellers will seek liquidity selling all shares", he's recommending a whole host of stocks...

Ok- so I've now read the article- the title is 100% mis-leading.
I've checked my main pension over the past 12months, it's actively managed one based on global equities- and it's the same value as it was back then (within 1%!)... this is due to being global and not US based, for example, yes the S&P is down as per his figures but he doesn't mention the FTSE 100 is up ~5% over the same period. The article goes on to say the stocks he is picking during this "super bubble collapse" (I ask myself with this title why on g*ds earth hold any stocks, as the title infers this! My take on the article, it's a "use my services for your portfolio and you'll be fine, eg you need to be invested"- well, I'm happy to keep my current provider. However, what I so agree on though, is that "active managed" is better than "passive" and worth the small fee at the moment- but respect each to their own- GLA.

Only the 4th Act? Surely not, we must be in the 999th Act the amount of times I've heard "collapse" since 2008...

As I've said for the past few years- 2008's recession cause was unique- any recession now will be shallow and nothing like then- drivers are completely different

Nice one Cowichan :-)

Thanks Goldgnome and am sure they are variances in other countries too.
They have also risen a lot more recently in Aus, espc last couple of years, so more susceptible to movements.
I don't have property in Australia so less concerned.

House price UK news- up again in Aug2022 despite drop in July- so that's 11% this year- I recall 5 years ago- "house price crash imminent"... and in 2017, 2018, 2019 then COVID- "don't buy house prices will crash", then 2020, 2021, now 2022... same with stocks pretty much (bar gold ones of course)... so no one mentions how much the doomsayers have lost since then...

Alternate view- inflation rise will top and drop, interest rates are still massively low so people don't want cash- borrowing remains cheap- the markets will not drop anywhere near like the doomsayers. How many times I've read articles like this over the past 30 years is breathtaking- trying to hit the very few big drops in history is massively outweighed by the gains- look key markets over the pat 30years- so long investors shouldn't panic. Of course, gold and mining stocks are a different gravy and should remain at the smallest % of the portfolio bar crypto, so trading is recommended here for sure

At some point the charts will be right- SP can only go up or down, so law of averages confirms this

Yep, hence my annoyance at the nutty low price.

Looks like it's all going through now- and for this nutty low price.

It's just the normal response to the FED last week and markets need to move to make money. When, for example, the S&P dropped to around 3,666 everyone was saying sell sell sell- but it jumped back unexpectedly for all the doomsayers-
Now it's retraced about 50% of the gain. The FED has vowed to hit inflation, had they not been so hawkish the markets may have risen but could also have fallen harder as FED would be seen to ignoring. Inflation will top, and drop like I've been saying all year- nothing this week has altered my strategy on my main investments - had a little gamble as normal though. Agree with Sotolo and many others here, that CEY has turned- and well positioned when overall markets improve. Bonds are a waste of time- yield is dire - and with interests rates still way low, Equities remain the place for investments long term. It's not like we're back to 1990's- in the scheme of things rates are soooo low.

Oops I meant the vast majority were saying s and p would drop further when it hit the 3600's - this site needs an edit button lol