Friday, July 18, 2014

Market Watch: "We’re in the third biggest stock bubble in U.S. history"

"U.S. stocks are now about 80% overvalued on certain key long-term measures, according to research by financial consultant Andrew Smithers, the chairman of Smithers & Co. and one of the few to warn about the bubble of the late 1990s at the time."


The Amazing Wubble Bubble Ball from NSI International
 
If you decide to buy the bubble in the video, for yourself or for a gift, or whatever, remember to use our Amazon portal on the right hand side of our page. Thanks. 

10 comments:

rcocean said...

Its a truism that whenever everyone and their aunt Mary thinks the Stock Market will keep going up, that's when it doesn't.

OTOH, the fact that large numbers of people are skeptical it will keep going up, means in just MIGHT in fact keep going up.

The only real truism, is you can't CONSISTENTLY time the market.

The Dude said...

Is he calling that object a "bawl"?

Nice salesmanship, Y*nkee!

Is it time to invest in precious metals yet? You know, gold, silver, brass, FMJ, etc.

deborah said...

Does anybody recommend 'getting out now'?

Chip Ahoy said...

If you're diversified, you might be interested in this bubble machine. This was given me last year for my birthday. It just sits there doing nothing. A few days ago a person asked me to turn it on and this happened.

rhhardin said...

I think that the Bond movies went wrong starting with the Golden Eye, when Judy Dench showed up as M.

Then it's all psychological doubt crap apparently for women.

It kept getting worse in Bond films after that, less action and more psychopain.

Guys just want to have fun.

Carrel and Hathaway Get Smart (2008) rescued the spirit. Watch Moonraker before it, just to pick up some of the allusions.

No doubt a new Bond film is in the works that will be the worst of all.

edutcher said...

Very droll, sir.

A lot of the same people who saw '08 coming have been saying the same about the current situation for some time.

deborah said...

Does anybody recommend 'getting out now'?

Supposedly, a lot of the smart money has been on the sidelines for some time.

rhhardin said...

I think that the Bond movies went wrong starting with the Golden Eye, when Judy Dench showed up as M.

Then it's all psychological doubt crap apparently for women.

It kept getting worse in Bond films after that, less action and more psychopain.

Guys just want to have fun.


Agree with the last, but, when the Bond flicks became repetitive, after "Live And Let Die", is when they really started to die.

Broccoli was too willing to play it safe; he needed Saltzmqan's willing to take a flyer.

As for Ms, all the others died.

Michael Haz said...

Smithers?

I'm out. My paltry stock holdings were sold last year. When this bubble bursts, the economic circumstances are going to be worse than in 2007-2008.

I've also laid in a supply of dried foods. When this crash comes, inflation runs to 10%, and the US cannot pay interest on its bonds, dollars will buy very little.

deborah said...

Haz, I know, Smithers. Love it.

Yeah, I think we'd all do well to lay in provisions like you and you-know-who :)

deborah said...

Thanks, Ed. I can't imagine going through the same thing all over again, but worse.

Unknown said...

What we need is more Hillary Care! and Hillary Socialism! Hillary-Santa gifts!

Perhaps not. Turns out it leads to failure, greed and rot.

Will our gimme it now culture stay in a trance? The queen has...
Presents!