Comments on: Have We Seen the Worst of This Bear Market? http://www.ritholtz.com/blog/2008/12/have-we-seen-the-worst-of-this-bear-market/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sat, 21 Nov 2009 14:04:19 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: VangelV http://www.ritholtz.com/blog/2008/12/have-we-seen-the-worst-of-this-bear-market/comment-page-1/#comment-135148 VangelV Mon, 22 Dec 2008 13:37:09 +0000 http://www.ritholtz.com/blog/?p=13419#comment-135148 First, most of the clowns who are trotted out as 'experts' are just empty suits that never saw the problem coming. Second, most of these clowns keep talking about nominal levels and ignore what is really material. If we measure the Dow in ounces of gold or adjust it for the understated inflation that is reported by the government we find that the true performance of equities has been horrible. This is unlikely to change as the Fed does all that it can to protect reckless lenders and debtors by taking measures to devale the currency. The prudent investor should see through the veil of deceit and take measures to protect wealth by purchasing assets that the central banks cannot devalue by their activities. First, most of the clowns who are trotted out as ‘experts’ are just empty suits that never saw the problem coming. Second, most of these clowns keep talking about nominal levels and ignore what is really material. If we measure the Dow in ounces of gold or adjust it for the understated inflation that is reported by the government we find that the true performance of equities has been horrible. This is unlikely to change as the Fed does all that it can to protect reckless lenders and debtors by taking measures to devale the currency. The prudent investor should see through the veil of deceit and take measures to protect wealth by purchasing assets that the central banks cannot devalue by their activities.

]]> By: Jojo99 http://www.ritholtz.com/blog/2008/12/have-we-seen-the-worst-of-this-bear-market/comment-page-1/#comment-135128 Jojo99 Mon, 22 Dec 2008 11:30:08 +0000 http://www.ritholtz.com/blog/?p=13419#comment-135128 If you keep calling bottoms, eventually you will be right. And this will continue as long as MSM outlets like CNBC have a vested interest in driving the market higher (generates more advertising revenue for them). If you keep calling bottoms, eventually you will be right. And this will continue as long as MSM outlets like CNBC have a vested interest in driving the market higher (generates more advertising revenue for them).

]]> By: Mark E Hoffer http://www.ritholtz.com/blog/2008/12/have-we-seen-the-worst-of-this-bear-market/comment-page-1/#comment-135124 Mark E Hoffer Mon, 22 Dec 2008 10:29:34 +0000 http://www.ritholtz.com/blog/?p=13419#comment-135124 Kopin, an H&H NY to you too~ past that, he's only 'reporting'--'tis fine.. Prob is, that's, almost, the same lame story we heard last year, from MainStream Economagicians, about '008... "rebound" in 2H '009, my eye tooth.. Kopin,

an H&H NY to you too~

past that, he’s only ‘reporting’–’tis fine..

Prob is, that’s, almost, the same lame story we heard last year, from MainStream Economagicians, about ‘008…

“rebound” in 2H ‘009, my eye tooth..

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