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Might be strange if this was ... my view on the 2nd March ... identical to this ....

In relation to the spreading virus it appears too early to forecast sensibly the primary and derivative (supply chain, counterparty, psychological, behavioural ,political, centralbank, fiscaletc) economic implications (including incidence, severity and duration).

Political risks and uncertainty also elevated in February, contributing to falls in previously strong equity prices. At month end , interest rates reached even lower record levels. Medium and longer term economic implications of the virus and the other factors on investment, inflation, markets etc might be different to short term implications.

This is of course a top line 50th out of 10,000 fund mangers view over the last decade.

It would be unfair ... but such is life, that one of the largest fund managers a few days after this issued ... the following from their CIO ... the guy who also makes decisions ....

On the 6th March
US stocks are not expensive, despite their stretched valuations. In fact, it's all just a matter of "gravity" or the historically low interest rate environment

"A lot of people are making comments that markets are very, very expensive and stocks are expensive,"

NAMELESS CIO fund manger .... argued investors shouldn't rely on central banks to predict an economic crash.

"All the central banks missed it last time - and that's their full-time job," he said.

"So have some caution. We are always looking for downside risk; we want to try and get a very balanced view of what's going on in this world that none of us have ever seen before; this low interest rate world."

I do wonder since I have mentioned my respect for one ... and not so much for the latter on this site ... .

Would it be fair to call one of the largest asset managers in Australia with an impressive track record an imbecile ? Because he was ... even at that date the 6th March sprouting Trumpish views ?

I am a big boy and whilst ... I cared NOT to share any view on this site for 6 weeks, due to ... well ... trolls ... imbeciles and others. I am not disappointed yet again .... so THANKS.

It does not mean my view did not change as time went on.

Still for some, the losses their very expensive trading system has racked up of late ... and their perverse use of faith ... and tools is amusing. please dont take out your lack of skill on me, nor buying the 50k trading system that does not work.
I suggest chanting at your screen may make your secret system work better.

Take care

<blockquote data-quote="kahuna1" data-source="post: 1063062" data-attributes="member: 30">Might be strange if this was ... my view on the 2nd March ... identical to this ....In relation to the spreading virus it appears too early to forecast sensibly the primary and derivative (supply chain, counterparty, psychological, behavioural ,political, centralbank, fiscaletc) economic implications (including incidence, severity and duration).Political risks and uncertainty also elevated in February, contributing to falls in previously strong equity prices. At month end , interest rates reached even lower record levels. Medium and longer term economic implications of the virus and the other factors on investment, inflation, markets etc might be different to short term implications.This is of course a top line 50th out of 10,000 fund mangers view&nbsp; over the last decade.It would be unfair ... but such is life, that one of the largest fund managers a few days&nbsp; after this issued ... the following from their CIO ... the guy who also makes decisions ....On the 6th MarchUS stocks are not expensive, despite their stretched valuations. In fact, it&#039;s all just a matter of &quot;gravity&quot; or the historically low interest rate environment&quot;A lot of people are making comments that markets are very, very expensive and stocks are expensive,&quot;NAMELESS CIO fund manger ....&nbsp; argued investors shouldn&#039;t rely on central banks to predict an economic crash.&quot;All the central banks missed it last time - and that&#039;s their full-time job,&quot; he said.&quot;So have some caution. We are always looking for downside risk; we want to try and get a very balanced view of what&#039;s going on in this world that none of us have ever seen before; this low interest rate world.&quot;I do wonder since I have mentioned my respect for one ... and not so much for the latter on this site ... .Would it be fair to call one of the largest asset managers in Australia with an impressive track record an imbecile ? Because he was ... even at that date the 6th March sprouting Trumpish views&nbsp; ?I am a big boy and whilst ... I cared NOT to share any view on this site for 6 weeks, due to ... well ... trolls ... imbeciles and others. I am not disappointed yet again .... so THANKS.It does not mean my view did not change as time went on.Still for some, the losses their very expensive trading system has racked up of late ... and their perverse use of faith ... and tools is amusing. please dont take out your lack of skill on me, nor buying the 50k trading system that does not work.I suggest chanting at your screen may make your secret system work better. Take care</blockquote>

[QUOTE="kahuna1, post: 1063062, member: 30"] Might be strange if this was ... my view on the 2nd March ... identical to this .... [I]In relation to the spreading virus it appears too early to forecast sensibly the primary and derivative (supply chain, counterparty, psychological, behavioural ,political, centralbank, fiscaletc) economic implications (including incidence, severity and duration). Political risks and uncertainty also elevated in February, contributing to falls in previously strong equity prices. At month end , interest rates reached even lower record levels. Medium and longer term economic implications of the virus and the other factors on investment, inflation, markets etc might be different to short term implications. [/I] This is of course a top line 50th out of 10,000 fund mangers view over the last decade. It would be unfair ... but such is life, that one of the largest fund managers a few days after this issued ... the following from their CIO ... the guy who also makes decisions .... On the 6th March [B]US stocks are not expensive, despite their stretched valuations. In fact, it's all just a matter of "gravity" or the historically low interest rate environment [/B] "A lot of people are making comments that markets are very, very expensive and stocks are expensive," NAMELESS CIO fund manger .... argued investors shouldn't rely on central banks to predict an economic crash. "All the central banks missed it last time - and that's their full-time job," he said. "So have some caution. We are always looking for downside risk; we want to try and get a very balanced view of what's going on in this world that none of us have ever seen before; this low interest rate world." I do wonder since I have mentioned my respect for one ... and not so much for the latter on this site ... . Would it be fair to call one of the largest asset managers in Australia with an impressive track record an imbecile ? Because he was ... even at that date the 6th March sprouting Trumpish views ? I am a big boy and whilst ... I cared NOT to share any view on this site for 6 weeks, due to ... well ... trolls ... imbeciles and others. I am not disappointed yet again .... so THANKS. It does not mean my view did not change as time went on. Still for some, the losses their very expensive trading system has racked up of late ... and their perverse use of faith ... and tools is amusing. please dont take out your lack of skill on me, nor buying the 50k trading system that does not work. I suggest chanting at your screen may make your secret system work better. Take care [/QUOTE]

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