Gyroscopic Investing

Ad Orientem wrote: http://fivethirtyeight.blogs.nytimes.co ... covery/?hp

Faster as in 5 years after 2008 we're just talking about "maybe" recovering?  It takes a lot longer to work off a balance sheet recession than it does a normal recession...

^That.

The stock market has gone nowhere in 10 years.

In a secular bear market for stocks, you will normally see very strong upward moves as part of the overall downward or sideways trend (e.g., the bounce off of the spring 2009 lows), but it's still a secular bear market.

Is someone saying we have a bullish stock market right now?

MediumTex wrote: The stock market has gone nowhere in 10 years.

In a secular bear market for stocks, you will normally see very strong upward moves as part of the overall downward or sideways trend (e.g., the bounce off of the spring 2009 lows), but it's still a secular bear market.

Is someone saying we have a bullish stock market right now?

T-Bills have outperformed the stock market for 15 years now also.  I bet the PP trounced it all.

We are currently bullish, equity breadth has been tentatively increasing for a while and some key downtrend lines have been broken last week.  Look at PPLT.

Unfortunately, it looks like we're now going into an October top for the cycle time window.  This won't be good for either stocks or gold.  That point might also be LT bonds last rally before we slide into a Japanese-style deflation or a global sovereign debt crisis.

At least real estate is now priced to be bought.