Quote:
Originally Posted by thommy
i am really looking forward how he explain now the way down.
hugo has a very nice phantasy in regards to economic facts and he will tell us for sure that this is just a short break. same as the bitcoin nutters told us since november that is is only a short break.
i enjoy to look from far the hard lessons they will be forced to take to learn that they are talking just bullshit and so far from reality as planet earth and alpha centauri.
btw: i did NOT expect that crash coming right now - it is not logic in the short term because the US economy booms and the next 1 or 2 periods you will see phantastic results from all companies that act only in the local markets. the only reason for that can be that everyone who have a logic economic brain knows that trump just got the last reserves from outside back and they will not last long.
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Stock valuations should be based upon the companies ability to create short and/or long term value for its shareholders.
When markets move away from this basic rule irrational exuberance takes over, and a correction becomes inevitable.
Trump took the credit for creating the irrational exuberance.
Not too smart Donald.
