Article

2009-10-05 Economy

Roubini: stocks have risen too far, too fast

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Posted by lotp 2009-10-05 00:00|| || Front Page|| [2 views ] Top

#1 Actually, I'd love to have roubini tell me every morning, "you're gonna die." He'll be right sooner or later, but it looks increasingly like it's gonna be later (in the case of his advice.)

Posted by M. Murcek">M. Murcek 2009-10-05 01:08|| 2009-10-05 01:08|| Front Page Top

#2 the recovery is not rapid and V-shaped, but more like U- shaped

I predict a W-shaped recovery and we are pretty close to the middle of the W right now.

Posted by phil_b 2009-10-05 01:09|| 2009-10-05 01:09|| Front Page Top

#3 The only people I know who haven't figured out that the stock market's rise this year was a sucker's rally are Obama voters looking for any factoid they can to maintain the narrative of his messiahness.

Posted by no mo uro 2009-10-05 06:49|| 2009-10-05 06:49|| Front Page Top

#4 I'd predict more of a L shape till you had people on the switches in Washington who understood small business and the cost of ~~Soviet~~ central planning on them.

Posted by Procopius2k 2009-10-05 07:30|| 2009-10-05 07:30|| Front Page Top

#5 When I look at a site like this, I don't see a U or V or W or L shaped recovery, I see an abyss.

Posted by tipper 2009-10-05 10:21|| 2009-10-05 10:21|| Front Page Top

#6 Tech bubble on predicted profits that never materialised.
House Price Bubble on Interest rates and reserves manipulated to offset Tech Bubble.
Stock Bubble on Printing Money to offset Housing Bubble.

These double Downs by the state don't look too hot in hindsight. Someone's bet your farm, and lost.

Posted by Bright Pebbles 2009-10-05 10:24|| 2009-10-05 10:24|| Front Page Top

#7 I predict a backslash shaped "recovery".

Posted by AzCat 2009-10-05 13:11|| 2009-10-05 13:11|| Front Page Top

#8 I predict any recovery won'tshow as long as the "D" is in office.

Posted by Redneck Jim 2009-10-05 13:44|| 2009-10-05 13:44|| Front Page Top

#9 I predict any "recovery" will be an inflationary artefact.

Posted by Bright Pebbles 2009-10-05 17:13|| 2009-10-05 17:13|| Front Page Top

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