Wealth, Freedom & Options With Joshua Belanger
Duck, Duck, Guru!
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:03:18
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Sinopsis
I just got done reading the current positions that hedge fund manager Carl Icahn's filed with SEC. If you recall, he created a video a few months ago warning of a massive market crash. Well, it hasn't happened yet... He believes that the FOMC monetary policy has created a bubble with its low-interest rates. I don't disagree with him at all. Here's what has happened because of the FOMC policy. With low-interest rates, companies have been more encouraged to buy other businesses or do buybacks than they are to invest in new equipment and machinery. This phenomenon inflates earnings for the short term but is detrimental in the long term. When you make bold predictions, and they don't come true right away, you fall to the waste side regarding the media. The media only wants people who are making predictions the market is only going higher. We all know about the housing bubble and those that were taking the other side; took heat for some time. However, you only know about the ones that made huge returns,