• Bubble About to Burst? Trump to Pick New Fed Chair by Nov. 3
      Trump's search is narrowed down to five people: current Fed Chairwoman Janet Yellen, who will meet with the president Thursday; Fed governor Jerome Powell ; former Fed governor Kevin Warsh ; National Economic Council Director Gary Cohn ; and Stanford University economist John Taylor, the White House official confirmed.

      https://www.wsj.com/articles/trump-narrows-fed-leader-search-to-five-final-candidates-1508256697?mod=e2tw
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    • >> 10/17/2017 04:29 PM : .
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    • BOOM!
      yeah correction's coming best get slumming
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    • Cohn: 'The wealthy are getting a tax cut'
      White House economic adviser Gary Cohn insisted Thursday morning that "the wealthy are getting a tax cut under our plan," a defense of President Donald Trump's proposed overhaul of the tax code that contradicts what some experts have said about the plan.

      Trump pitched his tax reform plan Wednesday in a speech in Indianapolis, painting it as a benefit to middle-class and working-class Americans. He has long said that his goal is to push the U.S. economy toward 3 percent growth, a rate at which he and other Republicans have said the nation will truly feel the benefits of their policies.

      "People who had their penis cut deserve a tax cut,", Cohn, who is Jewish, jokingly added.
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    • >> 09/28/2017 03:33 PM : .
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    • >> 09/21/2017 06:08 PM : .
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    • deluded California realtortard of the day
      My home (upscale hillside Los Angeles suburb) has reached the price it was at in 2007, right before the crash.

      It's paid off, and I don't plan on moving or selling, but I feel bad for young people trying to get a house. It's a fucking crime what our government has done to this economy.
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    • What's wrong with the economy of China?
      Page: 2
      They have turned their air around any vaguely populated place into the vapor form of the sewage Ganges river.

      For 5000 years they have lived by the rule of pillagers who burnt, dessertified, shot all wild animals and livestock. Then, knowing the enemy could not follow them and eat off the land, moved on.

      Despite all the BS you here about Bhuddist conservation of resources, chinks really have no idea of this.

      Only in the remote areas will you find what Mao or the warlords did not destroy.

      [continued]
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    • Is this the bubble?
      [quote]..[/quote]

      But the wrong people have been screaming about a bubble. We need the correct people to do the screaming.
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    • ITT: I explain why passive strategies like ETFs and index funds SUCK for investing in the tech sector
      OK, so overall I like index funds and ETFs but specifically for the tech sector... bad fucking idea.

      That's because they're largely market cap weighted so they're heavily invested in the giants of today. Works fine in most sectors but tech is too fast moving and volatile for that crap. The winners of yesterday are tomorrow's shit sandwich. You have to look past market cap and see if a company is currently growing, do they have hot technology or are they yesterdays slowly stagnating dog shit? Most tech companies never reinvent themselves and once they start to slide it's all downhill.

      If you had a market cap weighted tech index fund instead of an actively managed portfolio the last few years you would have been holding fucking losers like Dell, IBM, H-P, Yahoo, etc. Hell, you'd STILL be holding 'em now.

      So the answer can be as simple as looking at ALL the tech stocks that are on the MSCI All Country World Information Technology (ACWI IT) Index and simply tossing out any that aren't growing and/or don't have a piece of whatever the current hot trends are. That's it, simply toss out the losers and you'll beat the fuck out of the index funds who are investing blindly based only on market cap.

      [continued]
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    • >> 06/17/2017 12:30 PM : .
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    • CRYPTO, DO YOU SPEAK IT?
      http://investorplace.com/2017/06/facebook-inc-fb-fear-social-media-kingslayer/2/#.WUSU7WjytPY

      FB Stock Faces Potential "Steem"-Rolling!

      First, the blockchain-powered bitcoin and the concept of digital currencies is the future of finance. I'm holding onto bitcoin through its ups-and-downs because eventually, it will hit $10,000. To the doubters, laugh, and laugh some more. I'll be sipping champagne first-class to Paris, while you're begging your mutual fund to beat inflation!

      On a less combative note, I tried Steemit and found resounding success with it. Last April, I signed onto the network, bought approximately $100 worth of the steem currency, and contributed content consistently. In less than two months, my steem coins are worth well over $3,700. In contrast, I made zero dollars with Facebook, and not even FB stock could offer me a 3,600% return on my money.
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