[The-Shoveler]

I was actually down in SD near the ranch-99 and Zion markets.

[The-Shoveler]

I am not saying you’er wrong I am just trying to figure out what the trigger would be (for next recession).

Low Oil prices? (I think this is more just the Saudis dumping oil than anything else).

Consumers? (I was out shopping yesterday and the carts were five deep at all the check-out stands and all the stands were open) (out to eat same thing, standing room only).

I am just not seeing the trigger this time.

[The-Shoveler]

The lead headline seems to be
“Why the heck are the markets tanking”? LOL

Anyway I keep seeing Co-workers being hired out from under us up in the San Jose Area also in RTP.

I guess we will see I Guess but it seems to be getting harder to hire and retain good employees at least in RTP and Bay Area.

[The-Shoveler]

Talking to the trader at blackRock, Tech was the one sector she liked because it has lots of cash (no need to borrow).

[The-Shoveler]

You should see how DWP gets power from Washington state.

They use 1 DC line with the Ocean acting as a return.

Very efficient from what I understand.

[The-Shoveler]

[quote=deadzone][quote=poorgradstudent][quote=paramount]”Sell everything.”

That harrowing advice is from The Royal Bank of Scotland, which has warned of a “cataclysmic year” ahead for markets and advised clients to head for the exit. Do not wait. Do not pass go.[/quote]

Cool. Once we get a couple more of these it’s a good indicator it’s time to buy.[/quote]

Buy the dip. Go all in RIGHT NOW![/quote]

That was a Good Call!! (well at least for a day trade), we will see I guess.

[The-Shoveler]

[quote=flu]Thank god I paid off my house instead if staying in the markets completely.

Maybe I’ll move back in in Feb or March.[/quote]

Good for you flu, It looks like no one is buying stocks, they are buying powerball tickets instead.

Our powerball fund at work hit an all-time high LOL.

I am still out of the market unless we get a 35-50% decline then I will start to move in again, But I don’t think that will happen, not seeing what everyone else is maybe but I see no good reason for the sell off.

But at the same time I don’t see a good reason for it to go up much either.

[The-Shoveler]

What came first the suburb or the city?
In SoCal it was most likely the suburb.

[The-Shoveler]

[quote=flyer]From what I’ve read, although many of us late boomers do plan to leave substantial wealth to our kids, the highly discussed “wealth transfer” when broken down, will be concentrated at the top, and will only amount to a few thousand for most as it filters down. Here’s one interesting article on that topic:

http://www.barrons.com/articles/boomers-spend-their-kids-inheritance-on-supporting-them-1435313494%5B/quote%5D

I think Barrons assumes millennials will never grow up and never get good paying Jobs etc… Seems very familiar to what they were saying about the boomers in the late 70′ early 80’s.

[The-Shoveler]

The age of abundance.

[The-Shoveler]

[quote=no_such_reality]Four million boomers will die in the next four years by 2020. Then the pace of deaths picks up.

Meanwhile the last of the 80 million millennials come of age in 2019. And we currently have another baby boom size population under 15 years of age today.

Bill is wrong. It’s going to be economic boom times as the biggest wealth transfer from boomers to the rest occurs as they fight the evitiable and transfer any remaining wealth to their grandchildren.[/quote]

I would add to that, no matter what our population is growing, and no matter what more housing (development) must be added. that will add to the economy in and of itself.

[The-Shoveler]

Of the Boomers i know about 30% plan on never retiring even though they could easily.

The USA is much better off demography than Europe or much of Asia.

You also should take into account that Bill has been a permabear for a long time (looks at the world through cracked roughed up glasses LOL).

[The-Shoveler]

[quote=flu]I’m still amazed that doomsayers exist on this board despite all the years of what we’ve gone through and years and years of how the Fed are expert can kickers.

Warning: adopting a doomsayer viewpoint can be hazardous to one’s financial health. It’s almost as destructive as being a perma-bull.[/quote]

I was talking to a trader at BlackRock this weekend (don’t ask how),
She was saying the whole china devalue thing and the Shanghai market sell off is way overblown and it is really just a normal adjustment to the dollar strength (much as the Greece situation was overblown), (Just makes great headlines and sells news feeds).

[The-Shoveler]

As Han Solo would say,

Never tell me the odds!

[The-Shoveler]

IMO China has the power and can manipulate their markets better than anyone else on the planet.

The lowering of the Yuan is the bigger story for our RE markets maybe or maybe not, need to wait and see I guess.

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