Guess soFebruary 6, 2018 Tim WorstallRagging on Ritchie15 Comments If you’re still taking me seriously, how about this? pic.twitter.com/0LeqdtUmAo — Murphy Richards (@MurphyCandidTax) February 6, 2018 previousMore UnherdnextA little musing on the labour share- possibly stupid musing. 15 thoughts on “Guess so” abacab February 6, 2018 at 4:35 pm that’s proper short-bus special right there. I want some of whatever it is he’s smoking (as long as it’s not cat poop) Theophrastus February 6, 2018 at 5:06 pm Translation: ‘I have a crazy idea about stock markets. What does that say about markets?’ BraveFart February 6, 2018 at 5:19 pm Murphy’s on a short fuse today, perhaps he’s becoming immune to his meds. A commentator there (dc) is dealt with rather summarily: Richard Murphy says: February 6 2018 at 11:44 am I think your time here is over This is a police for serious debate and all you offer it trite repetition otherwise known as trolling Diogenes February 6, 2018 at 5:23 pm Also, serial moron Marco Fante piled in: As you have been advised several times and would already be aware, QE had, over time, contributed to this current scenario but the QE program also ended quite some ago and is not a present factor Rob February 6, 2018 at 5:25 pm This is a police for serious debate and all you offer it trite repetition otherwise known as trolling Interesting slip. Perhaps the Tuber wants it to be illegal to disagree with him? Rob February 6, 2018 at 5:26 pm BTW markets always fall when employment prospects improve. It’s because they are controlled by pantomime neo-liberal villains with twirly moustaches. This is known. Diogenes February 6, 2018 at 5:38 pm you have to wonder what would count as comic debate in Spud’s world. On second thoughts, is “debate” a word whose meaning is known to him? Andrew M February 6, 2018 at 5:42 pm Anyone who claims to know the reasons behind specific market movements, and who didn’t trade on the fact ahead of time, is an absolute moron. My pet hate is analysts who claim that the price of oil has risen “due to tensions in the middle-east”. I’ve yet to hear them claim that oil prices fall due to peace in the middle-east. Rob February 6, 2018 at 5:56 pm There are always tensions in the Middle East. If prices rose with tension they’d be around $3,000 a barrel. Lizardking February 6, 2018 at 6:15 pm Marco “Sicko” Fante. He has to be a stooge. Or a brown-nosing buffoon. AndrewC February 6, 2018 at 8:03 pm Just because a comment is batshit crazy on Spud’s site doesn’t mean it’s a spoof or a wind-up. allthegoodnamesaretaken February 6, 2018 at 9:57 pm If you’re still taking me seriously, how about this? https://en.wikipedia.org/wiki/Betteridge%27s_law_of_headlines Martin February 7, 2018 at 12:15 am Andrew C – half of the batshit crazy comments are by Spud. Gamecock February 7, 2018 at 1:25 am Interest rates going up, bonds become more attractive. People adjust their portfolios, selling stocks, buying bonds. People have been excessively in equities because bond yields have been so poor. Computer trading systems see stocks going down, which triggers stop losses. They sell, triggering more stop losses. None of it relates to the value of stocks; stocks are still a good deal. As I said yesterday, this is just a buying opportunity. Gamecock did sell 12% of his equities 2 weeks ago. Not because he saw the drop coming, but because he needed some cash. Turned out to be a good move. Bloke in Costa Rica February 7, 2018 at 9:07 am The DJIA rose almost 600 points yesterday to close at the same point it was roughly a month ago. What does this say about markets? Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.