I look forward to seeing GMO sell their stocks at the peak in accordance with Grantham's prediction.ochotona wrote:Jeremy Grantham of GMO has actually put out a target for the top of the S&P 500. He thinks it will Top out at 3400 to 3700 within 9 to 18 months from now, then a bear market.
PP at new high for the year...
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Re: PP at new high for the year...
- dualstow
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Re: PP at new high for the year...
All I know is, I just read about the Ulcer Index at portfolio charts and I feel pretty comfy.Tyler wrote:I look forward to seeing GMO sell their stocks at the peak in accordance with Grantham's prediction.
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
Re: PP at new high for the year...
dualstow wrote:All I know is, I just read about the Ulcer Index at portfolio charts and I feel pretty comfy.Tyler wrote:I look forward to seeing GMO sell their stocks at the peak in accordance with Grantham's prediction.
The stock market has gone virtually straight up since the 2016 election. Is there a euphoria index too?
- buddtholomew
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Re: PP at new high for the year...
I think it demonstrates the strength of stock buybacks and the belief that opulence is within reach.
Re: PP at new high for the year...
dualstow wrote:All I know is, I just read about the Ulcer Index at portfolio charts and I feel pretty comfy.
For anyone wondering what he's talking about, read this: https://portfoliocharts.com/2017/11/01/ ... olio-pain/
No matter what new metric I look at, I'm always impressed with how the PP fares.