Being a voice in the wilderness can be a lonely experience. So, it can be nice to hear another voice and even nicer if that voice agrees with you.
I have been worried for some time that we will experience a "Jim Fixx" moment, remembering the highly trained, low-body fat runner who suddenly dropped dead from a heart attack.
According to Investment News, "Jeffrey Gundlach is known as one of the best bond fund managers on the planet, but he also has a remarkable knack for predicting where markets are headed." He just predicted we will have a "ka-boom" moment.
I think we are saying the same thing, i.e., that the market will continue upwards, after our Spring swoon, until it has a sudden extreme fall.
He believes it will happen when debt, mostly government debt, reaches an undetermined point, at which time the market collapses under the weight of so much debt. I expect it will happen due to a derivative blow-up that could easily predict an immediate debt collapse. It could also result from a technology collapse or inside a "dark pool" with the same result.
In other words, everything will be fine . . . until it isn't!
It sure is nice to have a little company . . .
I have been worried for some time that we will experience a "Jim Fixx" moment, remembering the highly trained, low-body fat runner who suddenly dropped dead from a heart attack.
According to Investment News, "Jeffrey Gundlach is known as one of the best bond fund managers on the planet, but he also has a remarkable knack for predicting where markets are headed." He just predicted we will have a "ka-boom" moment.
I think we are saying the same thing, i.e., that the market will continue upwards, after our Spring swoon, until it has a sudden extreme fall.
He believes it will happen when debt, mostly government debt, reaches an undetermined point, at which time the market collapses under the weight of so much debt. I expect it will happen due to a derivative blow-up that could easily predict an immediate debt collapse. It could also result from a technology collapse or inside a "dark pool" with the same result.
In other words, everything will be fine . . . until it isn't!
It sure is nice to have a little company . . .