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John Dingle
Bloomberg Television
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Comments by "John Dingle" (@johndingle6293) on "JPMorgan's Kelly: I Buy This Rally" video.
World economy will face a recession by next year. What better time to buy stocks with average valuation of 20 p/e or higher before a recession?
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Yes, lower inflation will magically improve productivity and growth. People will magically go back to work. Stocks like aapl will justify their 30 p/e. Wishful thinking
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Kashkari says 4% rates by next year. Lol market pricing in rate cuts. Fed is torn between inflation and asset prices. Can't disappoint wealthy friends. Nor can they disappoint wealthy friends. Lol 😆
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 @r.minnis9722 recession talk was to lower commodity prices and inflation expectations. Jamie Dimon deserves credit for doing what the fed can't do. Because they are so far behind.
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 @r.minnis9722 now the last 2 months move was multiple expansion. Financial easing. Not improving earnings or economy. I don't care about stock market. I care about economy. And you don't even know why or what they are doing. This is above you.
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 @r.minnis9722 you will see increased cost of living for years. With higher interest rates. For people like you, life will get harder. I'm sure you don't even own any stocks.
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Lower dollar means more inflation. These "asset managers" want everything. Cake and eat it too.
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Lol not sure how any of these fools talk about 'positive' rates. Neither E.U. or Fed has had real positive rates in ages.
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