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08/16/15 6:13 PM

#261143 RE: nlightn #261138

some of the finest from none other than TD
http://www.zerohedge.com/news/2015-08-16/american-malls-meltdown-economic-recovery-complete-utter-fraud

Even Fleckenstein in his heyday couldn't hold a candle to this doomsayer ; )
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JohnSamuel

08/16/15 10:03 PM

#261147 RE: nlightn #261138

nlightn, I agree with a lot of your points ... it is what it is and we aren't changing anything so we need to ride the direction of the market for as long as we can and be willing to change directions when it does.

Just an fyi about the Asian markets. Having spent much time in China, Japan and India, I have seen first hand the real dislikes and grudges that these countries and their govt. hold against each other. China ahd Japan have rivaled each other over the centuries as well as China and India. There are a lot of decisions being made on a daily basis that are intended to be part of a long term plan to have economic advantage over the other. They will use any method that is needed to accomplish these advantages and it may be years before it comes to a positive fruition. We as Americans are an impatient society. I have a Chinese business associate that once said to me, "You Americans are babies compared to us. You have been around for only a couple of centuries. My people have been around for over 5,000 years. You must learn patience to understand the true art of business". I think he still has much more wisdom than me ...

Best of luck to all,
John