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Incurable Romantic
David Lin
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Comments by "Incurable Romantic" (@incurableromantic4006) on "David Lin " channel.
Wasn't this guy calling for a major bear market six weeks ago? Just before one of the most explosive upward moves in history?
77
One of the things I'm gradually learning is that almost everyone who predicts a market crash is almost always wrong.
53
"Why this painting sold for 300 million" My guess is - tax avoidance, and money laundering.
21
Short term bullish, longer term bearish. He may be wrong, but it's really not a complicated thesis.
8
Agreed - he's right about all the underlying problems, but he's entirely mistaken to think any of that matters for the equity market. As long as they keep printing money, the nominal number is going to keep going up.
5
I have to agree - every time people on Youtube start predicting crashes, you know you're in for a huge bull-market surge.
5
It's always best to work on the basis that everyone's predications for the future will be wrong - including one's own.
4
For some reason - wildly bearish content gets more views than bullish content: hence why it is ubiquitous on nearly all finance channels. Curiously, it's the opposite of what used to be the case where the "tip sheets" of the 20th century were always bullish on everything: because back then, that was what sold best.
3
To be fair - that's pretty sensible: whatever your fundamental outlook there's no point fighting the trend.
3
And the "cake" keeps coming out of the oven as a savoury pie.
2
Meanwhile - the market keeps going up, and up, and up, and up. . . . . . . . .
2
Yes it amazes me how many people don't understand that there's a difference between the rate of inflation slowing: and prices dropping.
2
Apparently Uber drivers are the new strippers - with five mortgages.
2
When pundits predict "Massive corrections", that means we're in line for a monster bull market.
2
The Eastern civilisations are going through their own crisis too though. They also have horrendous demographics and too much debt. Although wisely they haven't followed us down the mass-immigration rabbit hole.
2
@Dan16673 How is it "dumb" to look at what's going on around you?
1
Indeed. It doesn't matter how dire the fundamentals are, all you can do is buy the dip because it all ever does - is go up, fundamentals be dammed.
1
An economy that is only held up by a trillion dollars of deficit spending every few months - is not "strong". Sure stocks only ever go up - but that's because stocks are not connected to the real economy.
1
@EroticOnion23 Thing is - if money supply is what really counts, then I don't see how a recession is possible: since the current excuse for government in the US is printing money on an almost Zimbabwean scale.
1
Too much immigration, too much debt, too much government, too many stupid wars, too much cultural decline, and not enough babies. It's all coming home to roost.
1