Comments on: Don’t worry about a stock market drop http://blogs.reuters.com/anatole-kaletsky/2013/03/14/dont-worry-about-a-stock-market-drop/ Sat, 03 Jan 2015 16:42:55 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Joenole http://blogs.reuters.com/anatole-kaletsky/2013/03/14/dont-worry-about-a-stock-market-drop/#comment-1041 Thu, 18 Jul 2013 16:10:06 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=298#comment-1041 Just look at a long term chart. This is a triple top for sure. Nothing goes straight up and there is no reason for people to pay twice again as much for stocks. Are the sales and earnings a lot more than in the past. No.

I know a financial planner that trades but it’s all about the charts. He doesn’t care a bit about fundamentals. This is just momentum trading.

]]>
By: heyrevolver http://blogs.reuters.com/anatole-kaletsky/2013/03/14/dont-worry-about-a-stock-market-drop/#comment-957 Fri, 24 May 2013 15:06:24 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=298#comment-957 “When stock markets rebounded to a new record in May 1972, this was followed by only a 9 percent advance, peaking in January 1973, when global equities plunged into their deepest and most protracted bear market since the 1930s.”

This sentence is the one that screamed out to me!!! Maybe i’m just a pessimist but I think this might be 1973 all over again…

]]>
By: reality-again http://blogs.reuters.com/anatole-kaletsky/2013/03/14/dont-worry-about-a-stock-market-drop/#comment-847 Fri, 15 Mar 2013 20:02:24 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=298#comment-847 Reading this article made me feel dizzy, not just because of the height at the current peak, but mostly because of the dizzying effect of circular logic.

]]>
By: PseudoTurtle http://blogs.reuters.com/anatole-kaletsky/2013/03/14/dont-worry-about-a-stock-market-drop/#comment-846 Fri, 15 Mar 2013 18:47:41 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=298#comment-846 I’d like a reasonable explanation from Reuters as to why they are blocking and/or monitoring comments to this article.

Given that your stated policy, is “We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate”, I would like to understand why Reuters chooses to act arbitrarily and capriciously in terms of comments submitted by readers.

For once, why don’t you people take responsibility for your actions and explain what you are doing?

The unmitigated power to suppress public opinion, especially when it is taken by a news organization supposedly dedicated to presenting relevant truths and not just propaganda, is a tremendous responsibility.

Unfortunately, Reuters has rarely lived up to its responsibities to its readers, thus denying them the right to free speech.

Suppression of free speech is a slippery slope indeed, especially when it is made by unseen forces that act with impunity.

]]>
By: PseudoTurtle http://blogs.reuters.com/anatole-kaletsky/2013/03/14/dont-worry-about-a-stock-market-drop/#comment-845 Fri, 15 Mar 2013 18:25:31 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=298#comment-845 Thanks for your “what me worry” scenario.

Here’s one that fits the real truth a whole lot better.

“List of recessions in the US”

“There have been as many as 47 recessions in the United States since 1790″.

That means the US economy is highly unstable, with a recession or depression occurring at an average rate of a financial disaster happening every 5 years.

We are long overdue.

The odds are NOT in your favor.

http://en.wikipedia.org/wiki/List_of_rec essions_in_the_United_States

]]>
By: rikfre http://blogs.reuters.com/anatole-kaletsky/2013/03/14/dont-worry-about-a-stock-market-drop/#comment-844 Fri, 15 Mar 2013 17:00:49 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=298#comment-844 do you have change for a trillion dollar bill…?

]]>
By: keebo http://blogs.reuters.com/anatole-kaletsky/2013/03/14/dont-worry-about-a-stock-market-drop/#comment-843 Fri, 15 Mar 2013 13:00:09 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=298#comment-843 “Don’t worry about a stock market drop”

“That may not happen, and if Wall Street fails to overcome its 2007 record, a substantial setback is likely for all global stock markets.”

Mr. Kaletsky likes to be sure any mistake has some cover.

]]>
By: Laster http://blogs.reuters.com/anatole-kaletsky/2013/03/14/dont-worry-about-a-stock-market-drop/#comment-842 Fri, 15 Mar 2013 02:02:12 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=298#comment-842 ‘There is no real estate price bubble.’ – David Lereah (NAR),
February 2006

‘We’re going to drop significantly, but it’s not a balloon bursting. This is a soft landing for the housing markets.’ – David Lereah (NAR) in Business Week, May 2006

]]>
By: brotherkenny4 http://blogs.reuters.com/anatole-kaletsky/2013/03/14/dont-worry-about-a-stock-market-drop/#comment-841 Thu, 14 Mar 2013 21:09:08 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=298#comment-841 If the plan is to buy low and sell high then in general now is not the time to buy. However, if your in for the long haul, and not just interested in the short term, then a drop shouldn’t bother you and you wouldn’t sell either. If your older and close to retirement then you should sell now and buy securities. Of course all this is basic standard approach that will not be the advice of brokers or television investment experts. For these standard approaches you need no expert.

This current bubble will burst when the fed finally drives inflation high enough to force themselves out of asset buying mode. When that happens, the market will have a hick-up that will be interpreted by some as the beginning of the end and may trigger a larger panic sell.

An alternative investment strategy is to educate yourself on various technology topics and then invest in companies that have technologies you believe in. Typically you want medium sized corporation where the technologies potential could add a significant amount to their bottom line. Dedicated companies, with just the one technology usually get destroy by the vulture capitalists and large corporations are to diluted by multiple products such that any gain in a specific technology area is insignificant in comparison to their overall portfolio. This strategy requires continued education and requires no expert advice, but you will have to put some work into it, which by definition is not what investers want to do. They typically want someone else to do the work and for them to get the benefit.

]]>
By: PeterMarlow http://blogs.reuters.com/anatole-kaletsky/2013/03/14/dont-worry-about-a-stock-market-drop/#comment-840 Thu, 14 Mar 2013 19:20:46 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=298#comment-840 The US stock market, today, is the most over-bought and overly bullish since late 2007. It’s forward P/E is based on record high E (earnings) as a percent of sales and GDP. Its rebound since March 2009 has been engineered by the Fed’s ultra-easy monetary policy, which by all accounts cannot continue in perpetuity.

So to ‘argue’ that one need not worry about a stockmarket drop is beyond being misguided. It’s being idiotic.

]]>