I value your comments but you seem to be a permabull.. You are never negative on anything when it comes to the market and that is now giving me pause. I think things are not that good.. but I am just wondering if you can point to any negative posts you have made on the markets as I just dont see them and it makes me question your bias
Steve, I appreciate the feedback. That's not the first time I've heard it, so I try to be mindful of it when I write. However, I think this characterization is an unfair exaggeration.
Everything I write about is driven by what the data says. From a straight statistical perspective, you're more likely to see positive news than negative news as historically the economy has been in expansion 80% of the time and the equities have been in a bull market 80% of the time. This is not bias. This is just reality. More here: https://www.tker.co/i/135828032/most-actual-news-about-the-economy-and-the-stock-market-isnt-bad
Sam,
I value your comments but you seem to be a permabull.. You are never negative on anything when it comes to the market and that is now giving me pause. I think things are not that good.. but I am just wondering if you can point to any negative posts you have made on the markets as I just dont see them and it makes me question your bias
Steve, I appreciate the feedback. That's not the first time I've heard it, so I try to be mindful of it when I write. However, I think this characterization is an unfair exaggeration.
Everything I write about is driven by what the data says. From a straight statistical perspective, you're more likely to see positive news than negative news as historically the economy has been in expansion 80% of the time and the equities have been in a bull market 80% of the time. This is not bias. This is just reality. More here: https://www.tker.co/i/135828032/most-actual-news-about-the-economy-and-the-stock-market-isnt-bad
Of the 10 Stock Market Truths, I probably write more about No. 2 — You can get smoked in the short term — more than others. https://www.tker.co/i/42137695/you-can-get-smoked-in-the-short-term A more recent discussion here: https://www.tker.co/p/stock-market-drawdowns-presidential-cycle
Just two weeks ago, I wrote "Be mindful of the warning signs" as the lead commentary in the free newsletter https://www.tker.co/p/debt-delinquency-credit-warning-signs.
I think it is irresponsible for anyone to be perma- anything. The reality is that the market doesn't only go up, so it's a mistake to be a permbull.
That said, the historical data and the current data seems to suggest things are better than they are worse.
I can understand why people might want to label me a permabull. I just disagree with it.
Ok ok - that was a fair answer - I can’t really argue any of what you said in the rebuttal
I really do appreciate the comment though. Helps me keep mindful and self aware.