Tuesday, February 19, 2019

Bear Markets Are Not Fun

Rising interest rates going to be the main problem and they're going to be serious but the trade war... Nobody's ever won a trade war and trade wars have never been good for anybody. So, that could be another problem and all of these things coming together. 

When you have bear markets everything goes wrong. When we are in a bull market everything goes right, bad news comes out and everybody says "Don't worry, we can solve this!"and stocks go up.

In bear markets, bad news starts coming out and people say "Oh my gosh! Guess what just happened" and then something else happens and it gets worse and worse. That's the way bear markets are. They're not fun but that's the way they are.

Interesting reading:

An interesting blog post from Peter Schiff on what he really considers to be the real national emergency apart from building the border wall: The Real National Emergency 

and also some interesting principles from Ray Dalio:

"Two people who collaborate well will be about three times as effective as each of them operating independently." : Principle Of The Day (4.5A & 4.5B)

And also why smaller groups seeking answers will perform better than larger groups: Principle Of The Day (4.5A & 4.5B)


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