Obomanomics...Dow could fall 5,000 points and still not be ‘cheap’

Vigilante

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Mar 9, 2014
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Market Watch ^ | 21 January 2016 | Brett Arends
Hard to believe, but the Dow Jones Industrial Average DIA, +1.38% could fall by another 1,000 to 5,000 points and still not be “cheap” compared with long-term stock-valuation measures. That’s the stark conclusion from an analysis comparing current stock prices to underlying measures such as per-share revenue, earnings and corporate net worth....
 
Market Watch ^ | 21 January 2016 | Brett Arends
Hard to believe, but the Dow Jones Industrial Average DIA, +1.38% could fall by another 1,000 to 5,000 points and still not be “cheap” compared with long-term stock-valuation measures. That’s the stark conclusion from an analysis comparing current stock prices to underlying measures such as per-share revenue, earnings and corporate net worth....
Vagimbecile....

let's consider THIS

And the picture looks even worse when you also add in those companies’ soaring debts. According to the Federal Reserve, nonfinancial corporations have increased their total debts since 2007 from $6.3 trillion to over $8 trillion. As FactSet says, total shares plus total debts — the so-called “enterprise value” — of U.S. public companies are now 2.4 times annual per-share revenue, compared with an average of 2.1 times since 2001.


Do you know what is subtracted from the market value of debt and equity to arrive at Enterprise Value?
 
Are you laboring under the impression that stocks not being "cheap" is a function of poor economic stewardship?
 
Imagine that, a muti-national company selling it's common stock for high amounts of dough....
 
It's the Chinese market that is tanking and has been since the late summer....before that it twas a few fraud sock deals in Asian markets....
 
It's the Chinese market that is tanking and has been since the late summer....before that it twas a few fraud sock deals in Asian markets....

The American market is tanking also, it has been for some time, it's being artificially kept afloat with much help coming from the corrupt criminals at the Federal Reserve.
 
It's the Chinese market that is tanking and has been since the late summer....before that it twas a few fraud sock deals in Asian markets....

The American market is tanking also, it has been for some time, it's being artificially kept afloat with much help coming from the corrupt criminals at the Federal Reserve.
Quantitative easing was over last year...
 
Interest rates are finally going up. As they should. Wall Street can like it or lump it.
 
Market Watch ^ | 21 January 2016 | Brett Arends
Hard to believe, but the Dow Jones Industrial Average DIA, +1.38% could fall by another 1,000 to 5,000 points and still not be “cheap” compared with long-term stock-valuation measures. That’s the stark conclusion from an analysis comparing current stock prices to underlying measures such as per-share revenue, earnings and corporate net worth....
If the market should lose 5,000 points tomorrow it will still be higher than it was when Obama took office. Obamanomics you say?
 
Stocks are still very expensive, and it's a bear market, so we're almost certainly going lower after this bounce we will have over the next few days/weeks.

However, I'm not sure what this has to do with "Obamanomics." If Obamanomics is causing the markets to go down, then it caused the market to go to all-time highs. Neither are really true.

The stock market is going down because of China, the coming depression in energy, and Fed tightening.
 
I use MarketWatch for some data and headline news, but holy crap, they run a lot of hyperbolic, apocalyptic pieces like this.
 
The stock market is going down because of China, the coming depression in energy, and Fed tightening.
And the dollar, at least currently.

We'll see what Yellen says this week. The Fed talked themselves into this mess, maybe it will get its shit together.
.
 
This 7 year bull market is completely phony. There has been NO economic recovery since obozo took office. He gave the bankers trillions of dollars and told them to use this to build up stocks and tear down gold.
 
I continue to think of 9,500 as the next "buy" signal and am very confident Our Kenyan President can accomplish that in the few days remaining to him.
 
I continue to think of 9,500 as the next "buy" signal and am very confident Our Kenyan President can accomplish that in the few days remaining to him.

He's gonna try to keep stocks propped up till he leaves office and then he'll do all he can to cause a market crash. he can blame on trump.
 
This 7 year bull market is completely phony. There has been NO economic recovery since obozo took office. He gave the bankers trillions of dollars and told them to use this to build up stocks and tear down gold.
Yet gold increased and has yet to settle at the rate it was when Oblama entered into office...
 
It's the Chinese market that is tanking and has been since the late summer....before that it twas a few fraud sock deals in Asian markets....

The American market is tanking also, it has been for some time, it's being artificially kept afloat with much help coming from the corrupt criminals at the Federal Reserve.
Quantitative easing was over last year...

I'm not just meaning that.

Don't be coy, Lucy......
 
I continue to think of 9,500 as the next "buy" signal and am very confident Our Kenyan President can accomplish that in the few days remaining to him.

He's gonna try to keep stocks propped up till he leaves office and then he'll do all he can to cause a market crash. he can blame on trump.

Shoot,


You're an imbecile.....Obama can't rig the market.......and he doesn't control federal reserve policy....
 
This 7 year bull market is completely phony. There has been NO economic recovery since obozo took office. He gave the bankers trillions of dollars and told them to use this to build up stocks and tear down gold.

Describe what you see, Shoot


fredgraph.png


factset%20EPSjpg_0.jpg
 

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