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Economy

bucolic_frolic

(47,380 posts)

1. Grantham and Dalio interviewed. Heavyweights.

Reply to Tansy_Gold (Original post)

Sun Jun 12, 2022, 12:26 PM

Jun 2022

Sleeper in there is cash is trash, and food/energy are where the money will be made. Grantham says we're running out of resources. He doesn't cite it, but Club of Rome told us this 50 years ago.

Have to run with value stocks, energy, commodity funds, dividends. Debt (bonds) are dead. Fed is squeezed. 3/4 of a point is mentioned in the press over the weekend, but would Powell do that? Racing to get to 3% which will do nothing. This economy needs 5-6% interest rates to slow it down.

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STOCK MARKET WATCH -- Monday, 13 June 2022 [View all] Tansy_Gold Jun 2022 OP

Grantham and Dalio interviewed. Heavyweights. bucolic_frolic Jun 2022 #1

I don't think that would slow it down that much Warpy Jun 2022 #3

Monday futures down (again?) at140 Jun 2022 #2

DOW futures down 611 points now. mnhtnbb Jun 2022 #4

S&P 500 Bear market threshold: 3838 (Munich Munich), Futures 748 AM ET: 3810, progree Jun 2022 #5

3,813 at 934a ET (4min after the open). "Bear bear" is 3838. progree Jun 2022 #6