Are the US people feeling warm and fuzzy because the markets are at all time highs?
LPG joins Al and Cory for a special editorial discussing the connection between the stocks markets, the US economy and the mentality of the US people. Are all of these connected and are the positive news stories from the media contributing to a more optimistic outlook?
There are a lot of factors that need to be considered when analyzing economic data and understanding why stock markets are rising. Here we give you three different opinions and we want to hear yours.
Click download link to listen on this device: Download Show
I agree with you comment regarding a stronger market having some influence, B
You will respond Al?
Could you ask Rick to look at svm?
We are on it B. I will add Silvercorp to our list to ask Rick tomorrow.
thx Cory
I got messed up at some point during the interview.
I said @ 6mn40sec: “typically you will have peak economic activity before peak in the markets”. What I meant is THE TOTAL OPPOSITE.
Markets typically TOP before the economy as they anticipate economic roll-over (discount mechanism). Likewise, markets BOTTOM before the economy does so – again: discount mechanism.
My apologies for this total mess-up, but this is just to clarify.
Best to all,
LPG
Thanks LPG
Like the great Willy Wonka says:
“Strike that, reverse it”
Come on now, we all know Cory and LPG were the cutest babies in the nursery! lol
I ditched my SPXS today. Took a hit on it. Ouch! Also found out my Bitcoin penny scam (BITCF) is getting back into gold and adding oil this time. Crazy!
My BABA and ECA are RIPPING this week! Might add some DUST and UWTI for an overnight hold.
Forgot to add that I am running 5% trailing stops on BABA and ECA. I have 3K tied up in these two so I want to protect profits. I wish Robinhood would offer trailing stops.
Did not realize that Jason, thanks.
BITCF is actually Grand Pacaraima Gold
No, that’s GPGD
Okay, I did look it up on stockwatch though. Cory said he thought there was a name change.
How is it possible that you guys have not seen the effect of the media in America.
The Republicans have not ended with the best Presidential candidate in Trump, because the Main Street Media PROMOTED TRUMP OVER BETTER PRIMARY CANDIDATES.
The MSM considered him an easy candidate for Hillary to beat.
Now the MSM is promoting Hillary over Trump.
Totally expected.
How stupid can the general public be? The media is totally biased with only a few exceptions in the fringe.
Sister of Armed Man Killed By Milwaukee Cops Tells Rioters to Burn ‘Sh*t Down’ in the Suburbs
In a news report that ran Monday morning, CNN featured a small snippet of Smith speaking out against destruction of community businesses, which they framed as her calling for peace:
Now here’s a clip CNN didn’t show you:
They also did not stress it was a BLACK cop that shot the Armed Black criminal.
Those folks just want an excuse to “have fun”
Wha about the shooting of the Iman in Gueens a day ago?
That was pushed as a hate crime, by the racist left, right up until the sketch of the perp came out showing it to be a person from the Middle Eastvor Pakistan.
I’m showing BITCF as Bitcoin capital Corp.
This is RACIST Obama’s problem. He started this racist crap.
What about Loretta Lynch, another racist?
Have you heard either of them trying to calm things down?
All they have to do is say it was BLACK ON BLACK CRIME. Honky was not involved.
Yu should also not forget; the biggest founder of Black Lives Matter is George Soros.
He want to estrogen the US dollar for his own personal profit.
iPad Incorrects “funder” to “founder”
This iPad correction is rubbish. It is so slow!!!
I typed destroy…..it misses the d and corrects estroy to estrogen.
So now typing slowly…..
Soros wants to destroy the US dollar for his own personal gain
Yu should also not forget; the biggest founder of Black Lives Matter is George Soros.
He want to estrogen the US dollar for his own personal profit.
I think yer iPad had it right. At the risk of offending FranSix by sounding sexist, I’d say Sorrows wants to make a girly man of the USD!
Speaking of György Schwartz…
NEW SOROS SEED RISES: Cain Dines with Billionaire Son…
DFS, when you get to Colliefornia (as Ahnode Schwarzenwhatever calls it) please, please, please keep posting with your iPad.
It is the funniest thing going in this blog and is often correct in more ways than one!
But it is slower than my typing speed. I have two laptops and a high speed internet there.
I use the iPad when I don’t have an Internet connection, which has been most of the time recently. Especially since some burglars torched my English home to eliminate fingerprints.
Remember, the harshest condemnation on the part of the press and the public was always reserved not for those who had defrauded the government, but for those who insisted on bringing the facts to light. It is still considered unpatriotic to condemn wrongdoers especially in the government.
LPG, you sound like Martin Armstrong. He specifically follow capital out/inflows to determine various things. I found your analysis very, very compelling,
You are DEAD ON. If it is fear that is driving the world into US equities, it will be fear that will drive them OUT. When will that occur? Probably 2018 – 2019. That’s my guess.
Johnnygeneric,
I am not sure I’ll be proven right on some of my views, but some of them I hold from M.A (given credit where it’s due) and I fully subscribe to them.
Thank you for your praise, but without “great” thinkers/investors/macro guys, my thought process would be even poorer than what it is currently !
Best to you and good luck investing,
LPG
The whole truth is tol often missing!
I think some people need to descend from their Ivory towers and go for a walk and talk on main street and near the local Sally Anne and find the truth for a change.
Some people have their employer pensions in the market, without considering if they get a return of their money, people would feel good knowing their pensions are increaseing with the market.
So, maybe a stronger market has some influence on people perspectives.