Racket, I would view Fed policies as intellectual arrogance. I bet with your personality traits and stick trading experience there is a higher paying opportunity at the Fed.
Local crank on internet message board claims to know what's better for the US economy than the entire United States Federal Reserve. More at 11
As you all know (or should know), I do not time the market...meaning I do not buy and sell based on how the market is doing. I ONLY buy and buy and buy, BUT, when the market tanks a LOT, I have in the past put in extra. I don't plan to ever do that again as I have more than met my financial goals, BUT if I were younger and wanting to capitalize on a low market, I would definitely do that now.
I used to use as a guideline when to put in extra when these things were met:
1) I had extra money sitting around for some reason.
2) The Dow (just what I used as my marker) was down in the lower half over the last 52 weeks.
So, #2 is the case now. If you have extra money to drop in, it might be a good idea to do so. You have extra money if you have no debt but for a mortgage, you are current on all bills, and your job is relatively safe...oh, and you HAVE the money.
Why do people sometimes have extra money? Unexpected windfall...bonus from work, inheritance, unattended emergency fund that got too big, planned upcoming expense that is no longer needed, etc.
Agip I was thinking the same thing about cyber. Both “sides” need to be very careful here.
Held off on apple, bought more tobacco instead
I know you've thought about big problems with infrastructure problems cascading...we might see some of that soon.
You may recall my starting scenarios: pandemic (check), armed conflict (semi-check), electric grid collapse (tested). Somebody must be reading dgtd, maybe I should shut up. Secondary are things like DoS.
I have positioned myself accordingly, although not yet completely. So far, so good...but as they say, anything can happen, which is why I try to stay alert and flexible.
Infrastructure cascade failure needs to be selective, compartmentalized, which I imagine can be difficult to accurately project. Right now they will try to limit it geographically.
The US needs to be doubly-aware now of China and Iran. A submerged alliance.
sounds like the new story is that interest rates don’t have to rise as much as had been thought. The bad news is that may be because we mag be heading for recession.
or it’s high oil prices hurting smokestack businesses.
or it’s traders wanting to own high beta stocks when VIX is 38, because those will bounce the highest.