It's easy for Dew to play "chickenhawk" on macroeconomics and the global economy, when he has never put himself on the line for predictions on macroeconomic conditions.
What a crock, bladerunner. The talking heads you like to cite in your banal and repetitive posts about the economy merely talk, while I invest real money for a small private foundation. While your favorite talking heads were telling people in Mar 2009 to sell their stocks and stay out of the market, I bought millions of dollars of stock for the Foundation and posted on this board that the market was a singularly great buying opportunity.
Today may be the proverbial day of capitulation when hordes of people decide they don’t want to own any stocks and sell everything. If you have dry powder, you can buy shares of myriad fine companies at prices that haven’t been seen in a long, long time.
‘Nuff said.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”