All relevant comments and discussions regarding S&P 500 Futures CFDs. Please note that all comments included here have met Investing.com Canada's Comment Guidelines.
George ThormStarted-with-40percent-cash!?!But-it's-worse-than-you-think!!!After-paying-tax(crypto)-I-did-not-feel-like-selling-crypto-at-loss-this-year!!So-that-tsk-tsk-sounding-wifey-reading-my-position-summary
If anyone thinks cost of bread is high, then remember this ! India has claimed, in UN assembly that it has enough excess wheat to feed 1,5 billion people ! It's asked the assembly to be allowed to export to hungry African countries and ease price pressures globally ! Guess, who has taken stand against this? Both the fake (Liberal) PM and real (NDP) PM of Canada and the strong farmer (sikh?) lobby are opposing this proposal by Antony Blinken !
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May 09, 2022, 15:59
* to
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May 09, 2022, 16:38
...and freezing bank accounts for donating even $20 for Truckers protests, prompting FATF to declare almost all donations were from Canadians only, but accounts are STILL not released(??),, , so well done by this Duo,,, for protecting freedom in canada,, lol
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May 09, 2022, 05:02
Mean P/E avg for SP 500 is about 16, right now it’s at 22, add 15% to mean avg for extra cash in system brings mean avg to 18,5 so SP needs to drop about another 15% or 600 points to come in line or earnings have to increase more, so 3,500 bottom but feeling is it will stay higher 3,700 to 3,800 due to buybacks, unless Dems shaft the companies for doing them, which they are planning, sounds like a fun year in store, ciao
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May 09, 2022, 05:49
Makes a lot of sense ! How did you estimate `15% excess cash? Size of Fed Balance sheet x100/Total US market capitalization as back of envelop calculation?
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May 09, 2022, 05:58
Itas Takayep,,, you got it, but took some out for bonds etc: so more like 10 to 15% but was being generous due to peoples fixation with stocks
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May 09, 2022, 06:02
Ok so it was a big envelope :) had to switch to an 8 x 11 🤓
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May 09, 2022, 04:43
404 inbound
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May 09, 2022, 05:20
lol,, so true, If i see that, it's a big cue that markets are in trouble AND i Should be attending to my holdings