4 ms·

Yeah during a historic bull market. Plus indexing will stop working eventually.

aswanson 8y ago
When? There is a glut of global capital and a 90 year+ history that shows the market grows at 7 percent annually. What contravening data do you have?
- nickles 8y ago
  > When? "3,453 days later, the US bull market becomes the longest on record" [0] > There is a glut of global capital "The ECB halts quantitative easing" [1] "Bank of Japan signals exit from quantitative easing, but …" [2] "Everyone Is Talking About Rate Hikes, But The Fed's Balance Sheet Might Be More Important" [3] Money Stock / Real Gross Domestic Product appears to be stabilizing [4]. Given the global tightening of monetary policy, this is consistent with reduced availability of capital in the future (per unit of real economic activity). > 90 year+ history that shows the market grows at 7 percent annually "Past performance is not necessarily an indication of how the Trust will perform in the future." [5] > What contravening data do you have? "The Nikkei Index is still 40% below its all-time high of 39,000, which was hit at the end of December 1989. It took nearly 20 years before the Japanese stock market hit bottom." [6] [0] https://www.cnbc.com/2018/08/22/longest-bull-market-since-world-war-ii-likely-to-go-on-because-us-is-best-game-in-town.html https://www.cnbc.com/2018/08/22/longest-bull-market-since-wo... [1] https://www.economist.com/finance-and-economics/2018/12/13/the-ecb-halts-quantitative-easing https://www.economist.com/finance-and-economics/2018/12/13/t... [2] http://www.atimes.com/article/bank-of-japan-signals-exit-from-quantitative-easing-but/ http://www.atimes.com/article/bank-of-japan-signals-exit-fro... [3] https://www.forbes.com/sites/petertchir/2018/12/19/everyone-is-talking-about-rate-hikes-but-the-feds-balance-sheet-might-be-more-important/#53c233d83fe1 https://www.forbes.com/sites/petertchir/2018/12/19/everyone-... [4] https://imgur.com/a/RA62s4e https://imgur.com/a/RA62s4e [5] https://us.spdrs.com/library-content/public/SPDR_500%20TRUST_PROSPECTUS.pdf https://us.spdrs.com/library-content/public/SPDR_500%20TRUST... [6] https://www.stockinvestor.com/32465/japan-nikkei-high/ https://www.stockinvestor.com/32465/japan-nikkei-high/

When? There is a glut of global capital and a 90 year+ history that shows the market grows at 7 percent annually. What contravening data do you have?

nickles 8y ago
> When? "3,453 days later, the US bull market becomes the longest on record" [0] > There is a glut of global capital "The ECB halts quantitative easing" [1] "Bank of Japan signals exit from quantitative easing, but …" [2] "Everyone Is Talking About Rate Hikes, But The Fed's Balance Sheet Might Be More Important" [3] Money Stock / Real Gross Domestic Product appears to be stabilizing [4]. Given the global tightening of monetary policy, this is consistent with reduced availability of capital in the future (per unit of real economic activity). > 90 year+ history that shows the market grows at 7 percent annually "Past performance is not necessarily an indication of how the Trust will perform in the future." [5] > What contravening data do you have? "The Nikkei Index is still 40% below its all-time high of 39,000, which was hit at the end of December 1989. It took nearly 20 years before the Japanese stock market hit bottom." [6] [0] https://www.cnbc.com/2018/08/22/longest-bull-market-since-world-war-ii-likely-to-go-on-because-us-is-best-game-in-town.html https://www.cnbc.com/2018/08/22/longest-bull-market-since-wo... [1] https://www.economist.com/finance-and-economics/2018/12/13/the-ecb-halts-quantitative-easing https://www.economist.com/finance-and-economics/2018/12/13/t... [2] http://www.atimes.com/article/bank-of-japan-signals-exit-from-quantitative-easing-but/ http://www.atimes.com/article/bank-of-japan-signals-exit-fro... [3] https://www.forbes.com/sites/petertchir/2018/12/19/everyone-is-talking-about-rate-hikes-but-the-feds-balance-sheet-might-be-more-important/#53c233d83fe1 https://www.forbes.com/sites/petertchir/2018/12/19/everyone-... [4] https://imgur.com/a/RA62s4e https://imgur.com/a/RA62s4e [5] https://us.spdrs.com/library-content/public/SPDR_500%20TRUST_PROSPECTUS.pdf https://us.spdrs.com/library-content/public/SPDR_500%20TRUST... [6] https://www.stockinvestor.com/32465/japan-nikkei-high/ https://www.stockinvestor.com/32465/japan-nikkei-high/