Don’t tell me you saw an article saying now is the time to buy the dip or hang on and wait it out. Don’t tell me you are still listening to all the clowns trying to freeze retail investors in place. Please don’t.
TSP & Vanguard Smart Investor Posts
Somehow, we must convince younger generations that the culprit was unsound finance. And it’s absolutely fixable. Deeply flawed, experimental central banking was fundamental to dysfunctional markets and resulting deep financial and economic structural impairment.
l your Congressman, NO free bailout until corporations are financially restructured. Period.
I have come to the realization that my attempts to overcome the euphoria in many TSP investors has been grossly inadequate to overcome years of “it always bounces back” marketing.
I have to adjust my message for today’s post-Bubble backdrop: I understand we can’t allow the system to collapse, but Please Don’t Completely Destroy the Soundness of Central Bank Credit and Government Debt. Does anyone realize what’s at stake?
We have NEVER experienced anything like this in modern history. So NOOOO, you can not use history as your guide for long-term investing as suggested in this article and many others over the years…
Don’t even think about it
Last week JP Morgan announced they were borrowing from the Federal Reserve’s Emergency Lending Window to “break the stigma”. Here we go again.
A market rally built on unsustainable market inflows is always unsustainable.
… last September when the repo market failed (overnight repo rates jumped to 10%), our fearless money-printing Federal Reserve stepped in and loaned the repo borrowers whatever they wanted. And they kept on. And they STILL are.