So you leave stocks to go where?  1.5% bonds?

TJ


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Tom Johnson
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On Fri, Aug 18, 2017 at 5:13 PM, Prof David West <profw...@fastmail.fm>
wrote:

> I have several friends with tons of money (multi-millionaires, not
> billionaires) and they are all leaving stocks. Not because of Trump but
> because of the massive shift away from actively managed funds to passive
> ones and the overvaluation of price as a result. Bloomberg business just
> had a major article about this. I suspect that crony's are moving money
> the same way my friends are, and for the same reasons.
>
> Expect the big whoosh and then reasonably rapid recovery. And don't
> expect it to have any effect on Trump, the admin, or his followers.
>
> davew
>
>
> On Fri, Aug 18, 2017, at 10:11 AM, Steven A Smith wrote:
> > With morbid fascination, I believe we are about to see the "Trump
> > Bubble" in the stock market, driven by the promises of deregulation,
> > collapse under the weight of the belligerent dysfunction of his
> > administration and sycophants.
> >
> > I don't know how transparent the financial holdings of his fat
> > supporters are, but if someone could observe them I suspect there is the
> > beginning of rats fleeing a s(t)inking ship.
> >
> > The bubble collapse may or may not be more than a correction back to the
> > levels leading up to the election last year, but I am expecting to hear
> > a loud "whoof!" (more than a pop) as the market exhales all of the
> > climate-denying, xenophobic, warmongering hot air that has been
> > supporting it.
> >
> > Just Sayin'
> >
> > - Sieve
> >
> > PS.  I scanned Glen's links to the various alt.right "intelligencia"
> > blogs...  fascinating but sad!
> >
> >
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