Ask an Ivy educated economic/market researcher anything.
Pic related, just capped and made some dank lines. Hope Soros took his winners/positions off by now.
>ivy educated
How insecure are you in your own intelligence?
Really insecure. Was smartest out of my HS, still one of the best in college, yet now only above average in my specific industry. Working hard to climb I suppose.
>>79231177
>ivy educated
you still have a little penis
Which Industry is hurt by Brexit the most
>>79231177
Actually, you should tell us whether a Clinton or Trump presidency is better for our stock portfolios and if following the money in Clintons quid pro quo deals with defense contractors is a viable means of predicting trends in commodies markets
>>79233076
Pundits will give diverging opinions when it comes to sector specific fallout. That depends significantly on how trade (re)negotiations go since this is still uncharted territory. However, as a low hanging fruit, I would take the auto sector as an example. Germany is still the most industrious nation in the EU, and one known for getting a non trivial amount of GDP solely from auto and similar transport business. Now that one of the largest importers of German lux autos(Mercedes,BMW etc.) will be put on hold to restructure the terms, there may be some fallout there. Tourism based industries may be altered slightly. All worth the cost for potentially sane immigration policy from my perspective.
>>79233485
I am a rabid Trump supporter, and I have learned not to even attempt to give objective advice when I myself acknowledge my own bias.
In reality, at least empirically, the election of POTUS hasn't had as much of a direct market impact as people think anyway. That's not to say long term administration policies don't play their part (See NAFTA), but that takes time.
>>79233842
Speaking of NAFTA, How cancerous is the TPP?
>>79233485
You don't even have to look to Clinton and Defense contractors. The answer is closer than you imagine. Take a look at the Obama Admin and publicly traded gun manufacturers for a start. Start from 2008/2009 and onward.
How fucked is the City's financial sector? Any insight into Norn Iron's investment prospects?
>>79233919
In my opinion(and other well respected and intentioned economists disagree), it is indeed as "cancerous" as advertised and I'll rarely say that. Most internet and MSM memes/conspiracies/panics and such are often very exaggerated for obvious reasons. I'd like to go into more detail on this point, but it'll take a while. I'll see how many /pol/acks are in this thread.
>>79233643
>just lux autos
dude the vw group sells vw and skoda neither of which are especially lux,
that's not to mention all of the french, italian and swedish auto brands.
we brits could literally all buy hondas, toyotas and mitsubishis if push came to shove and the eu imposed tariffs.
>>79234053
The City's fin sector is unfortunately pretty fucked as most global fin sectors are. This one should be a no brainer. If you look at the price of multinational investment banks, it was just a hard reset to a floor and hasn't recovered anywhere near as much as other global equities following the panic. I have it on good word that certain IBanks's trading depts. are in a very dire situation as their balance sheets were blown out by certain counter-parties.
Sorry, I have no value adding insight into Norn Iron's prospects.
In your opinion, which presidential candidate has the superior plan for the economy.
>>79234632
I agree, lux autos was a more specific example as that's what many westerners think of when they think Germany autos, but yes my point remains that Germany does a lot there, even in non luxury good. Although VW has their own problems lol.
>>79233643
tourism is only moderately hurt by brexit too. i think the eurozone has done far more damage to it than brexit will do. hell, if brexit causes the entire eu infrastructure to collapse, southern europe will be able to start from square one again with their own currencies, devalued to the point of making them more internationally competitive. cheap holidays to greece will boost their economy and reduce unemployment. in the long game brexit has benefited tourism.
>>79233842
as a Lawyer I can't handle a Clinton presidency. The corruption and blatant unaccountability make me sick.
But I also have an MBA and wouldn't mind finding ways to profit off that blatant corruption
>>79231177
Will Brexit destroy the UK and bring on a global depression as Stefan Colbert says?
Stephen Colbert Is Genuinely Freaked Out About The Brexit
https://www.youtube.com/watch?v=iRAU6hODSck
Why has ftse recovered, but not the others?
>>79234889
>The corruption makes me sick. Hope I can profit off it!
This is why everyone hates lawyers.
>>79234761
Candidate's don't (and shouldn't) make plans for the economy. They will have talking points devised for consumption of the 100-105IQ voting electorate. When push comes to shove, any major decisions will be decided by the (hopefully) most competent cabinet they put in charge of such matters. Also (in the States) don't forget about the role of congress and the fed. Two 'policies' that drive our economic engine are fiscal and monetary.
Although to answer the gist of your question, I trust Trump to choose officials he deems most competent/qualified, whereas Clinton may pick officials due to nepotism/affirmative action/old I-OWE-Us and god knows what else.
>>79235098
Because you were lied to. The beauty of the markets is that (IMO) it is the essence of truth. Something that is so hard to come by these days with how interconnected we are when one can shill on FB/Twitter at the speed of light and the MSM can spew lies 24/7. It's sometimes hard to get any honest answer out of these people.
When globalists/people with market moving capital to deploy launch campaigns say one thing, and then say something else (as depicted by the market outcomes), I would be very wary. Literally the opposite of putting your money where your mouth is.
>>79235184
>Candidate's don't (and shouldn't) make plans for the economy.
How do you decide who to vote for?
>>79235098
Because Britain is the big winner out of Brexit, and the rest of the countries that don't get out in time are going to be Enron, but on a global scale
Why has NASDAQ been so volatile this year? Is the internet bubble about to burst?
>>79235482
I have to say I'm voting for Clinton, or at least give off that vibe. I choose not to talk about it.
TFW you donated $2,700 to the God Emperor though.
>>79235184
>any major decisions will be decided by the (hopefully) most competent cabinet they put in charge of such matters.
not really.
the president still makes the decision; the cabinet members just get to make the short list of options and to direct how each option is spun when presented to the president.
it is rather like the political shows, where the meeting will have 2-3 sides each offering their prefered solution, then arguing with eachother about the consequences of the other's plan. then the president picks and then cries himself to sleep.
>>79231177
Ok
>Money should be issued by the Govt(yes/no)?
>Why is money worth something?
>Commodity based money or fiat?
>>79235817
Congress and the FED make most of the decisions in burgerland, no? The president only has VETO power.
>>79235612
on any given year, at any time, it is normal for the nasdaq to be more volatile RELATIVE to the other major indices. This is because tech stocks endogenously contain more risk than say Coke or Ford and similar names that make up the DOW and SP500. Because of this risk in the form of more uncertain future cash flows, their day to day trading is more volatile. Now, if you're talking about higher volatility than what is even normal RELATIVE to the other sectors, I agree with many that the industry has bubbled in the form of high P/E and other metrics.
Think about it from an even bigger picture. Imagine you're a billionaire shill with nothing to do but play golf. You live in a near 0 interest rate environment and get jack shit in the form of near guaranteed returns (putting that shit in a bank as an example). Well you're not gonna sit on those kinds of assets in cash so you better put it somewhere. Why not your golfing buddy's Stanford alum son's hot tech startup? That's how it goes.
>>79231177
Recommend me some literature on economy for a total beginner and something more complex as you progress and learn??
>>79235953
Correct. The president's influence is exaggerated EXCEPT in foreign policy/diplomacy. In many cases, He (not she) is and will be our front line talking head. If relations go south with a nation due to some blunders, he will often be first to take the blame in the inner circles.
>>79235623
Wait you're a rabid Trump supporter but voting Hillary?
>>79235482
You are the problem with post WW2 politics. Believe it or not there are things other than the economy worth caring about i.e. culture
>>79236133
Don't think of it as something that has to be hard/easy. Start with just reading the FT(Financial Times), WSJ, Zero Hedge(understanding that they have a big bias). Different views may help you come to a better understanding. Anytime you don't understand a concept, or point, google it. Get it down. Before you go to sleep make sure you can claim you've at least learned one new thing.
>>79236309
I never said I will BE voting for Hil. In public life, it's best to say that to colleagues (some get oddly nosy) on such matters.
>>79231177
Sounds like bollocks, post a screenshot from a live market that is delayed for all free access pretend traders. anyone can check you have access or not.
>>79235953
pres has quite a bit of power on his own; especially in foreign affairs.
he also appoints basically every administrator, and they all at the pleasure of the president. so basically the directors of the FBI, CIA, and all of our administrative offices are his bitches.
he's also the leader of his party, so when his party controls one of the congressional houses he has a lot of legislative sway.
>>79236544
Ah, thanks for clearing that up!
Curious, who do you think will win?
>>79236325
Oy Vey! Just because I like to sit by a bloomberg terminal at all times doesn't make me a bad person. Also I'm very cultured and insightful in that respect. Say, do you like Huey Lewis and the News?
>>79236244
Are those TPP, TTIP deals an actual corporate takeover?
>>79236081
Now that the maximum uncertainty around Brexit have passed, and baring in mind that most composites have yet to recover all their losses, do you see the FED looking to hike up the rate? If yes, will it have the potential for a massive downturn in the market? Possibly a crash? If no, how long can they keep this up and will we see a bubble?
>>79231177
lol like you know fuck all about the market, you are just playing at the jewish casino with other peoples money
>>79236785
Yes and No. It certainly can give multinationals more power, but again talk about the TPP and related deserves its own thread. I don't want to go full autist in this one.
>>79231177
Why are you in American if you think that money from a big government is worth much more than freedom?
>>79236851
The fed WILL NOT hike rates any earlier than around November (and if they do right around then, it would be to spite Trump). This is my most bold call in this thread at this point.
>>79231177
>Ask an Ivy educated economic/market researcher anything.
Ivy must be getting desperate these days, letting in anyone.
>>79237033
hurr durr what is Currency.
Not buying the Ivy League spin. Nothing you've said displays a level of understanding above someone who took an introductory finance class at a community college.
Not that any of it's been incorrect, just elementary analysis.
>>79237109
Thanks Straya.
OP is a tryhard self-educated NEET who may or may not have gone to Cornell
>>79237191
What kind of magic powers am I missing that were granted to me once that super special diploma was handed down?
>>79236943
One more general question. Have you taken part in any of the negotiation? They seem to be very secretive. Why?
>>79231177
go back to fucking reddit, nerd
>>79237289
NOT CORNELL!!!!! Get that safety shit out of here.
>>79237327
>>79235934
Answer most important questions in thred and ill tell you
>>79237364
I crush more pussy than you on a regular basis. I'm 95 delta on this claim.
>>79237173
>>79237173
>>79237354
Hey, one more general question. Can you post in /pol/ nowadays without a furry of DEBTS replies?
Shouldn't the FTSE250 be more telling?
>>79237500
Nope.
>>79231177
>tfw majored in economics at a supposedly top eco university
>tfw I learned early on that all "economic" predictions were basically bullshit.
I can't state how little importance I put on ""''"economists""""""" predictions at this point
>>79235934
1 - Yes.
2 - If by "money" we go by things like paper currency (greenback, cable, aussie dollar, cad), it's simply because we "believe" it is and it's backed by respective issuers. The back to the gold standard meme is odd in that we can't fund our almighty dollar with the gold out in the market. I am a fan of the petrodollar.
>>79237490
>29.44 PE ratio for a multinational company
Something is not right here.
>>79237239
y-you too
>>79237721
Well
You are better than at least 90% of /pol/ at this.
>>79237710
I agree. Thank god that wasn't my major. Nor was it for any of my coworkers. Our training is mostly in Computer Science/Stats/Electrical Engineering/Physics/Math. I hope this didn't give too much away.
>>79237544
>>79237729
>>79231177
>Ivy educated
Why do you feel the need be a name dropping faggot attention whore?
>>79238109
> Taking anything seriously on pol.
For all you know I could be a 12 year old or a community college dropout.. or a lowly Stanford grad or even a #CruzMissle
>>79237022
Where do you suggest I go? Brazil?
>>79236665
Not you bro. I love economics too I'm doing a degree in it at the moment. But >>79235482 was implying that you can only vote for a presidential candidate based on their economic platform. This is 2016 baby year of the culture wars.
>>79238672
Ahh yes, thanks based Straya. I have some...thoughts on social issues as well. Ironically even on /pol/ I don't feel safe posting them despite probably potentially having some general consensus.
>>79238536
you could probably live like a king here you fucking jew
>>79238890
What do you think of Ray Dalio? Have you read his book. Terribly exquisite, i must say.
>>79239956
How'd you know?
>>79240237
the nose knows
>>79240027
I had an offer with Bridgewater. Will not say which role. Declined. First was personality test, phone interview, then 2 onsite visits over separate weeks. Their campus in CT. looks A LOT like the one depicted in the fictional fun in the show "Billions". I think the show actually modeled it off their campus
>>79236943
yeah because you are an economist and not a lawyer. It allows US companies to enforce patents/trade agreements internationally in cases where there was no jurisdiction at all. It allows other nations to be subject to our laws.
>>79240027
You're talking about his manifesto, "Principles". Yes I read it, half of the points are sort of duh/common-sense type self improvement. The others might be iffy, but seem reasonable but I wouldn't say revolutionary. In terms of his organization, it has a justified cult like status. While they are obviously successful, it is simply a bit too large of a structure (by head count) and hard to maintain his utopian "brutal honest" and "principles" approach. It's weird, without going into detail they do take the "principles" very seriously to the point where the office has iPads with the principles preloaded on it as an ebook.
>>79240385
They also record all your conversations while you work. Ray Dalio is awesome though. I like his outlook and his general perspective on the economy.
>>79240759
He's a very smart man and eccentric as well, but most that have achieved similar status are.
>>79240652
I'm not really an economist. Most of my time is spent doing machine learning type research or optimizing latency sensitive infrastructure.
>>79231177
Nigger, you dumb. DAX and eurostox have been falling for a whole year and are held together only by the EU central bank helicopter money.
Brexit just made another small dent, they will recover by the end of the week.
It's nothing.
>>79238267
So you went to Brown, LMAO
>>79241136
oh shit, you got me. Guess I'm a #HilShill now.
>>79241091
Do you know how to code? What software do you use for you work? Also can you recommend any finance related TV shows?
>>79234286
go ahead and lay it on us OP. Inquiring minds want to know.
Of I have the option to major in
>Accounting
>Economics
>Finance
>Managment
which one will give me the most options and make me most employable? What if I added International Bussiness to the list?
Also should I submajor in IT or Bussiness Law even though I have no interest in either?
>>79241212
For mission critical infra, or important apps there are two tiers.
Tier 2: good ol c++. Big ass language, lots of moving parts, very worth it.
Tier 1: When you're feeling super autist however, you get FPGA, and embed your logic on there using system level languages.
Research stuff:
Data analysis is more fun and rewarding (and technically harder even the the language/syntax might be easier, because that's where the actuals models come from).
The best stack by far (this isn't up for debate) is the Python/Pandas/Numpy + other related libraries. The community is blowing up, all of machine learning is gravitating to it (see tensor flow). R will be obsolete very soon.
>>79241202
Here's your DAX.
See that tiny tiny drop at the end? That's Brexit.
The rest is just a regular fluctuation in 4 month cycles of global meltdown hitting and the central bank putting it all together.
If you knew anything about finance you'd know that in 2 weeks there will be a way way bigger drop and it will have nothing to do with brexit.
>>79241212
Billions is cool (sort of). It's on showtime I think, but not 100%. Can't really think of any other finance shows desu. I only watched TV for Breaking Bad.
>>79237438
HERE WE GO
>>79241533
Statistics (add finance minor or something related if you want). Learn at least scripting languages(python+research libraries). I don't care how boring or tedious it sounds. I promise, it will be the best decision you made in your life.
>>79233643
If you knew anything about economics you would know that both Germany and the UK are WTO members, with generalized tarrifs between them of about 1.5% and that is only from certain specialized industries (eg. solar panels in germany).
Trade of things like cars will be largely unimpeded as the UK keeps its WTO membership and the roughly gatt guidelines (these have nothing to do with the EU)
>>79241533
Also don't know how it is in Straya, but specifically Accounting, Finance, and Mgmt sound kind of gross/prole/blue collar to me. I wouldn't let my Nanny's kids study that.
>>79242185
Guess I know nothing about Economics then. (You raise good points with the selected specialized industries)
>>79231177
Did the FTSE bounce back because the UK is dragging its heels and it's unclear whether someone will actually invoke A50?
>>79237729
?
Amazons is damn near 300 something
Tons of S&P500 multinationals also have p/e btween like 4 and 10.
it really doesn't mean anything.
>>79235482
The president is essentially the chief of the federal bureaucracy. Managerial skills are important. Also, cheerleader for the nation.
>>79231177
Was Brexit crash anything more than large amounts of investors "just being cautious" and moving their assets "just in case" shtf compounding enough to look like a sell off when in fact it was just speculation?
I mean, what would happen if nobody did anything?
>>79242198
>sound kind of gross/prole/blue collar to me
>I wouldn't let my Nanny's kids study that.
So you're one of those people.
How do you feel about White Genocide? Do you believe even "gross/pole/blue collar" Whites are worth saving? Or do you only care about White elites?
>>79241136
Is it true that die Deutsche Bank will go belly up soon?
>>79242455
Good, concise summary for his domestic responsibilities.
>>79242237
>>79242542
It already has. There will be a bailout tho.
GS is next.
>>79233046
>"...yet now only above average in my industry."
But why?
>>79231177
is now the time to buy banking stocks such as Barclays PLC (Bcs-NYSE)
Are we fucked, or are we not so fucked?
Is it going to happen in 12 months or less?
>>79242527
I am bad at sarcasm. I said that jokingly, I live in a "liberal utopia" urban shithole. DESU i would rather raise a family in an area with people who strive for a nuclear family and solid middle class values. Idc if they can quote the Classics by ear or not. I won't mention anything about race, but I do believe that a systemic undermining of the middle class has led to a weaker family unit that was once at the heart of what made America so great.
>>79242739
I'm still relatively new. Here, you don't compete on things like seniority, but actual results. On day 1, you are in the pool with the best of them. Also, there are many sharp people in the space.
>>79242316
http://data.worldbank.org/indicator/TM.TAX.MRCH.WM.AR.ZS
Long term, growth projections are being revised down, but that is because ease of business is decreasing, as well as reduced mobility of labor.
tariffs, quotas, whatever will likely be unchanged.
>>79231177
post your degree with a time and date stamp held over the name then I'll believe a word you say
>>79242800
>>79242750
>>79242650
>>79242542
Hold off on fin services sector for some time (2-6 months) and then decide. I am bearish on equity markets as a whole on a year horizon, and bullish on gold (physical gold).
>>79242750
I would say no.
Long term prospects for the big english banks are diminished.
Previously they were very lucrative because they were seen as the "gateway to europe" from north america and asia.
Now that they will have to staff additional offices between european countries, comply with 2 sets of regulations (uk and eu), have far greater administrative costs for their employees (ie. needing 2 passports, possibility different certifications), it will be harder for them to remain as profitable as they were going forward
>>79242961
Personally I don't think that's even enough. Those things could be counterfeit ya know. Perhaps I should add a passport and FB 3D video of my high-rise as well.
>>79231177
Can you create the same GIF using data from December 31st 2015 to today?
>>79243190
they (england) still hold the currency and the debts of those nations in or out of the eu and they are still the largest banking hub in the world.
london still has the highest population of uber wealthy of any city in the world. Britain will be fine this market fluctuation is artificial to spook the masses into changing the vote. prove me wrong.
>>79243432
Brb let me just pull a stream from an order book that came from a super fast feed handler and post a csv with full depth bid/ask quote updates for each future since Z15
>>79242750
And honestly if you are in canada you should just be holding the stocks of the big canadian 6.
With bank stocks they usually pay high dividends, so you will get hit hard with foreign withholding tax if you have a big stake in barclay. And they aren't even american so its not 50% recoverable through us canada tax treaty
>>79243577
Why don't you just use Google, like you did for all of your other gifs?
>>79243300
would like to see your view. just as a point of interest.
>>79231177
>NPR Ameriblob economists
Are you people insane?
>>79236544
Don't say you are voting Hillary. Say you don't like either candidate and encourage the Hillary supporter not to vote.
That's what I do at work.
>>79243665
...Why don't you use google?
>>79243681
Fucking made me forget pic
>>79231177
Deutche Bank apparently failed its Stress Test. Is it going to break, and when?
>>79243681
I'm not an economist in the way you think of some chill on CNBC/NPR spewing bullshit with no skin in the game and making maybe 120k/year at most on his university salary.
I actually deliver results.
>>79231177
How much cock do you suck daily?
>>79243675
I can see the sky and water and shiny buildings and helicopters and ants down below.
>>79244002
about tree fiddy
>>79243872
For once, I would love an economist to deliver results too. But we both know that isn't going to happen until it's too late.
>>79231177
>Ivy
>thinking he's cool
MFW when for a first birthday gift, instead of the usual bond people get for babies, my grandpa got me 10 shares of Berk.A in 1982 when they were $500 something a share.
>>79244109
(The ones that do aren't on TV publicly shilling their opinions, because those opinions are actually valuable in the literal sense)
>>79243542
No doubt they will stay play a major role in the global economy going forward.
But that guy was talking specifically about TIMING the market and investing heavily in barclays right now.
Barclays shares tomorrow will open up at about what they were before the entire brexit fiasco. Unless you think that these banks will somehow be more profitable going forward (the optimistic case to me seems to be they will maintain the status quo, no better), then there are more productive uses to put that money too. Or atleast not to try to time the market with.
The most important thing I said which was in a post above, is that bank stocks pay HEAVY dividends.
When he holds that out of the country he opens himself up to serious withholding taxes (will be 30%), and thats an impossible tax to justify when the big 6 in canada pay similar dividends and have similar prospects, and you also don't need to worry about hedging currency with foreign stocks.
It's not a bad play, he will still get 3% ish yield and decent growth, Im just saying he could do better
>>79244229
Really? I haven't fucking noticed considering the economic carnage that is the 21st century.
>>79244229
Unless you work in market making or high frequency arbitrage (both essentially rent seeking socially unproductive behaviour) you aren't consistently beating the market either bud.
You know what brownian motion is and that stocks follow them? Well then its a statistical impossibility
>>79244599
OY VEY! what is this leaf talking about?! SHUT IT DOWN! ;)
>>79244350
I contend that the major fallout of the housing bubble was a clever ruse to fleece the about to retire baby boomers of a huge percentage of their nesteggs. I also believe theat part of the market uncertainty is manufactured and maintained tokep gold prices at premium and to spur sales. if you had gotten into the gold market in 2003 your profits from the economic collapse would have been enormous I believe these market scares are in part a continuation of fearmongering to drive up gold prices.
>>79231177
Someone pls gib me a tl;dr version of what happened in the UK. What is the non Jew exanation of Brexit.
>>79244900
Those are about five steps beyond normal human conception. People aren't that smart, and anyone who relies on that much uncertainty is a loon or a cartoon villain.
http://www.automaticfinances.com/monkey-stock-picking/
>>79244081
Good enough answer.
>>79243592
>And honestly if you are in canada you should just be holding the stocks of the big canadian 6.
i have holdings in 3 of them
i dont want a strictly Canadian portfolio, cause if shit hits the fan here ALL of them go down, i want to diversify into other countries
>>79231177
Seriously though, OP, what's the deal with the Kraut Bank? Is it Dresden all over again?
>>79231177
Is the market over valued in the USA?
>>79244945
actually I feel really bad for muslims that live in muslim countries. they live under constant oppression and the threat of attack or pressure to be part of jihad. the sunni - shia power struggle has taken many lives. the ones in civilized countries I don't feel sorry for.
>>79245142
Leaf, what happened in England?
>>79244945
UK voted to leave the European Union. The EU determines a lot for the UK, such as immigration and markets, so people voted to leave in an attempt to control their borders. Among other reasons.
Thus the market took a dive, but as this thread OP image showed, it has restored to original levels, but the EU is hurting bad.
>>79245248
I believe so yes, but I am in no way a long term or "value" investor.
>>79245265
What is brexit?
>>79231177
Ha ivy...
I started my undergrad at Yale. Was dogshit. Stanford was way better. I now live in the Silicon Valley of the North (Waterloo, Ontario). I miss Cali weather.
If you don't go to Columbia for a business degree you failed. Columbia will ensure you get the Jewish connection.
>>79245034
it's not uncertainty. people are that smart and organized and when you take into account the possibility of cooperation by governments then it's not only possible but probable. research the amount of gold being bought up by the chinese over the years.
>>79245282
Dad finally had enough and pulled off his belt
Depending on who misbehaves first will choose who gets the belt the hardest. Looks like Merkel is wanting it cause shes already threatening Britain with upholding all of the EU's bullshit OR ELSE, when Britain is the main exporter to the world of German Goods
>>79245480
Irrelevant if you have already have that connection, deep down inside you.
Also MBA = joke. Also, not HBS/GSB = joke.
Lol at all these butt-hurt uneducated fags. Let the Ivy-League man be proud of his accomplishments. You guys are like the self-hating niggers who put a person down because they succeed.
>>79245365
Then I'll stay out.
I've seen what it takes to be a successful short term trader and its beyond me.
>>79245727
you still don't know if I'm actually a 12 year old community college educated chap.
>>79245314
Thanks for explaining. Will England be able to escape the clutches of the Jew? Can the British put an end to being cucked by Muslims?
>>79245396
brexit was a national referendum vote on britain leaving the EU so they wouldn't have to follow EU laws and could self govern. Markets went into a tizzy for no actual reason the next day even though nothing had actually changed. imho manufactured turbulence to force another vote to make britain rejoin the EU.
>>79245769
We may have a different definition of "short term" though.
>>79245590
The Chinese also lost like billions and billions of dollars for their failed ploy to return to the gold exchange. For want of a theory, they got beat the fuck down.
>>79245727
I'm more upset he won't tell us what's going on at the Hans Banks.
>>79245930
The Chinese also bought the Chicago Stock Exchange
>>79245653
Business Degree = Joke*
**Family connections.
Does the majority of your class have parents who are in high ranking business positions? I came from a dirt poor background and was surrounded by children of fortune 500 companies.
>>79245612
Why are liberals upset about this?
>>79245930
but they could totally afford it and they still have the gold.
How fucked is the UK? Will we recover?
>>79246002
it was a plurality, not sure about majority.
I won't be specific but the socioeconomic background I was raised in as a kid was/is considered at the bottom.
>>79245827
Yes, in theory it depends on how well the UK negotiate with the EU. But there is hope to limit the Muslims and escape the Jews. Muslims may even leave and head back to the EU.
So this may be the biggest win since like WW2.
>>79245994
And the Japanese bought the Rockefeller center. Being ignorant is ignorant. There is no Macro-skill policy making skill anymore. Losers like me shouldn't be ahead in this game.
>>79231177
OK ivy league why shouldn't we all be using muslim banks?
>>79246070
Yes, there is literally no reason you won't.
Suggested Reading:
http://www.mauldineconomics.com/this-week-in-geopolitics/is-brexit-the-end-of-the-eu
>>79242379
>it really doesn't mean anything.
TOP KEK
>>79246070
Yes, Nigel, you'll recover. You and your true people are white so you'll prevail.
>>79246221
Because even the gold vaults can't withstand the amount of explosives inside.
>>79246047
China is about to fall because Deng cannot emerge from the grave to save it. China's rise to power is entirely based on that one man's ability to craft a damn good economic policy. If China ever found "Deng II" we'd be fucked. Unfortunately, they don't make them like they used to.
>>79231177
I met this norweigan girl. She's white, I'm white, saving herself for "the one", innocent to a fault. Should i go for it? We've been talking online via cam, so she's real.
>>79246320
heh but no muslim banks are forbidden to charge interest and actually form partnerships on a loan. If you like your money why shouldn't everyone use them?
>ivy educated
read: not HYP
lmao scrub, get on my level
>>79246372
they have the largest manufacturing base in the world. no other nation can match their ability to produce they could go broke 10 times over and the continuing work orders will drive them thru with 0 fucks given
>>79246451
Feel safe, London?
Hey senpai, thanks for your answers thus far, my questions are concerning more specifically Australia.
I'm not sure if you follow our situation at all, but Sydney and Melbourne housing markets are currently at 12x and 10x average annual wages, with delinquency rates at around 1.2%(annually, expected to rise), and interest rates looking to decrease from 1.75. My question is do you think that Australian housing is in a bubble or looking to collapse at all?
>>79246601
And they will go broke ten times over. The Chinese didn't inherit financial projection power because Deng specifically couldn't have invented it when he was reigning.
>>79246601
China's issue is they are heading towards automation, putting their people out of work. They have got tough times ahead.
>>79246588
that's goy level thinking. Next level thinking is that you want to keep your privacy by saying ivy instead of the specific hyp knowing ppl think exactly that way and won't suspect one of the three which could be compromising.
4D Chess m8.
4D Chess.
>>79246747
Actually, I'd argue that's India problem. China has a base of Capital that it can utilize to enter into Automation. India doesn't. It missed the train.
What Ivy do you go to? Post some proof, like a student ID and block out your private info of course
>>79245901
Day/Options trading.
>>79246721
Auckland, New Zealand has the same issue, its happening everywhere, all the housing prices are in a bubble and its probably going to pop soon. Making a ton of pissed off people.
>>79246003
Cause they dont like it when people ignore and flat out refuse to do what they want
>>79246588
>not realzing that Columbia is superior than Yale, a literal meme school
>not realizing that Columbia has more Noble prizes than any school except for Harvard
>>79246803
But why then do you even have to impress autistic strangers in the first place?
>>79246809
Yeah, but with automation, it takes away the jobs from the Chinese slave wage workers. Thus decreasing all that they that flows to their people. All those gains they have pushed for to increase their own living standards will fail so fast its not funny.
>>79246747
heh, tough times, they still remember 30 years ago they know tough and their market collapse won't even compare to life under the former government . they have the resources to continue to feed their people and can house more than their current populace and like I said they can manipulate the gold market at will, they can call in debts at will. they have no real worries and they know it. If it came right down to it they could steal the needed currency electronically . like I said 0 fucks given.
>>79246721
I don't follow Aussie markets anywhere near as much as others, but I do know the heavy influences on a commodity driven economy and currency. Luckily Brent/WTI isn't completely in the gutter atm (although I think it will get back on that path soon). W.R.T Rates and housing, my thoughts are similar to any other global economy in that we are most susceptible to central planning and in particular ZIRP/negative rate policies. I've also mentioned earlier what my guess at the rate outlook is.
Anecdotally, when people are at least talking/realizing a bubble ahead is when you're the safest(or not in the most danger). It's when everyone panic buys and enters "muh euphoria" that chaos can and will ensue. See 2008, or go as far back to the Tulip bubble.
>>79247061
It is true that China was overthrown when poor interior peasants could outshoot traders (similar to OP.) But in the crazy schizo world of yours truly, increasing consumption can easily be done in China. Unfortunately, it's very unlikely China will consider this move.
The serious problems are getting the Yen into a reserve currency and dealing with all that fuckton unproductive investment, not to mention the demographic problem. This the kind of shit that don't offer easy answers.
>>79247013
because....autism.
>>79247407
kek. It's good to have a competitive desire to perform and impress, especially in this line of work.
>>79246747
oh yeah and not to mention that china no matter what is still a massive arms dealer to the world.
The Spice Will Flow
>>79243777
>Tyrranophobes
>Eating lead paint chips in current year.
Also, checked.
>>79243065
> I am bearish on equity markets
who isn't?
buy short-term corporate-grade debt bonds that aren't being funnelled into China.
>>79247315
>Yen
>My flight to safety currency meme.
I agree, if there's only one takeaway to remember it's that, in times of panic, there is an idea of "risk off" or a "flight to safety". People run away from the "riskiest" assets like global equities (tech stocks in particular) and slowly move up the safety chain like Yen, US Treasuries (front end of the curve with 2Y etc.) to cover his or her asses in the case of a real deal "IT'S HAPPENING" scenario.
>>79246867
Come home white man, Christchurch is only a short flight away.
>>79247687
When I said, Yen, I meant Yuan (doh.) But hey, it isn't my job to manage people's so money. So it's all good. :-)
>>79247990
I don't manage OPM as well. Technically I have a stake, along with a select few others.
>>79247172
>like I said 0 fucks given.
Yeah, everything doesn't work when a country as large as China cheats the entire system to the point they don't even have an ally left.
>>79245480
Going to Columbia next year, can you please elaborate on this? I am very interested to learn how to achieve this
>>79234632
Or you could buy Fords, Chevrolets and Cadillacs. ;>)
Also FYI Toyota Camrys are largely made in the USA these days.
>>79233046
Heads up: Fags like you are the one's that get rekt by me.
I didn't go Ivy Leage but I did good enough in undergrad to get a master's in economics and an MBA as well (both for free).
I'm the guy that walks in on day one as your superior even though you're probably in reality smarter than me.
Signalling theory has honestly saved me so many times:
>http://econlog.econlib.org/archives/2012/01/the_present_val.html#
>OP not posting any proof that he goes to an Ivy
Confirmed Fake
You've all been b8ed
>>79231177
Different question, since you won't spill the beans on pic related. Will London still be a banking mecca? Or is this maymay over?
>>79248229
except no one can stop trading with china in the first world. we are addicted to affordable products and companies are addicted to profits. they can fuck us all and not even kiss us (the free world) and at this point we would just bend over and ask if they want seconds
>>79248411
BRB I have no superior.
BRB the only one I answer to are the market gods and the tax man.
>>79248596
Aka the Jew and the government's gun. Been reading the thread though, good insight m8.
>>79248469
London will still be an FX mecca for some time. It will still be a banking mecca. I won't say anything about DB other than the common concerns raised in mainstream financial press are valid.
>>79248753
My brother and I. I'll go all in on that all day, any day.
>>79248802
Thanks OP. You truly delivered.
>>79248992
np, based burger.
>>79231177
you´re a good researcher when you use line charts
>>79231177
>brexit thing this is a good sign
>not realizing major investors have been given assurances from the government that the will remain in the single market and capitulate to the demands of the EU
You should expect chaos, if it goes to smoothly that means the same people are still running things.
>>79249182
yes that is exactly what my day job entails. MS Paint, Google Finance, and drawing lines.
>>79245142
For sure.
Hold an index fund of the S&P 500 (american), like vanguard vfv
And an index fund of of non canadian emerging markets, say vcx, these probably have 10,000stocks.
boom. Maximum diversification, low cost, maximum gains
>>79246289
I eagerly await hearing about your amazing strategy in which stocks that have low p/e ratios are systematically undervalued and everyone could just increase there return by holding a great proportion of them :^)
OP, how big is your penis?
>>79249849
No P/E is a factor, one of many. If it's one you are ignoring then you have no business picking stocks. Stick to index funds.
>>79250846
Care to show me a money manager who "picking stocks" has consistently beaten the market over the past 5 years?
I'll wait.
>>79231177
When would it be intelligent to invest in barclays? I'm thinking after the invocation of article 50 andthen after the next referendum announcement, I think the price could get down further.
What faith do you have in gold production now? I dropped 10 grand in ABX at 19, I think they'll take off in the long run with the volatitlity to come
Also, what do you think about investing in crude oil?
>>79231177
Those stocks aren't valued in a currency that fell 7% and stayed that way so far, are they?
>>79251131
I'm with leaf on this one. I don't buy the idea of the successful stock picker/money manager meme. Especially one that acts ethically and once you take into account management fees etc generating surplus risk adjusted value for the investors seems like an after thought. There is oddly enough enthusiasm with those you would think would be most educated on this. It might be a cultural thing though (two guys at a country club golfing, "Oh you get you money managed with mr. XYZ, well I'm with mr. "ABC" kind of deal)
>>79251423
No to Oil.
Yes to gold, anything even somewhat gold related.
Hold off on financial services, not explicitly a buy or sell per se, but just wait it off.
>>79251131
Index funds are managed by people picking stocks. you cant just put your money in the """Market""" you have to pick a fund.
>>79231177
Why the markets crashed on the first day if the brexit process last 2 years?
>>79250871
That explains why you're in finance I guess.
>>79251716
Here's a huge if,
If the EU dissolves, you think gold has any shot at 2000/oz?
>>79251738
in industry, when one refers to the "market", one usually means the S&P500 cash index.
While not perfect, something like the SPY etf replicates it closely with trivial management fees. You also have the choice of one of the world's most liquid futures, the emini S&P500 or ES future for short.
Is brexit gonna affect the US pharma industry or not?
>>79251788
markets were overvalued in anticipation for a Remain vote.
>>79231177
>ivy league educated
Into the trash it goes
>>79251738
The "fund" just tracks a broad index, whether it be the DOW, the s&p, some bond index like barclays or whatever.
At that point all it comes down to is minimizing tracking error (which isn't always easy, especially across markets and currency), and minimizing costs (making decent forecasts so you don't have to trade in high volumes).
You get the return of the market with maximum diversification. You will never do better but you will never do worse. In the end you come out ahead of the active guys because you have the lowest costs.
>>79251537
Take it from this dude. He probably works at some quant fund and even they are taking more passive approaches.
>>79243693
This. I shill Gary Johnson for no reason
>>79251972
none of them match the S&P exactly, there are performance differences because the people who run it are picking different stocks! Just because it is diversified doesn't mean it's not managed.
>>79252006
no, not really. The pharma industry is interesting in that it can be very isolated relative to other major industries. This comes down to specific happenings (see Valient),drug approvals, sector outlooks, govt healthcare regulation. Hell I remember on a given day Hil Clinton of all people put out a tweet and it shook the entire healthcare sector 2/3% in a minutes. Can't recall the specifics of that but I'm sure someone can google it.
Other sectors like goods and manufacturing are most susceptible to global macro noise and factors.
>>79252270
the Standard and Poor's 500 index represents a specific market cap weighted basket of 500 names at a finite point in time with a divisor at the end to make necessary adjustments. Remember, names can come and go in the index, dividends can be a hassle along with stock splits.
>>79252270
Good firms can tract the indices incredibly closely because you do it by making macro forecasts instead of firm forecasts.
Look at the Vanguard SP500 index (VOO)
https://institutional.vanguard.com/iippdf/pdfs/FS968R.pdf
There 5 year annualized return was 11.54%
Return of the SP 500 over those 5 years was 11.58%
They had tracking error of .04% over 5 god damn years.
thats pretty damn incredible
>>79235068
The short term effects are probably the rise were seeing now, but I think the scots and norn will leave as well as England's industry getting pummeled
>>79252506
Not sure how this is relevant, in the first place I told him to invest in index funds.
>>79252546
yes, that's a good one.
>>79251537
Dirty peasant mindset. The market can be beaten, all you're really doing when you beat "the market" is you're beating a bunch of plebs like you who don't know wtf they're talking about, and rely too much on stupid pseudo intellectual economics nonsense to pick.
I personally make a steady 1k a day. Once you establish a likely long term uptrend based on macroeconomic factors, and do your risk/reward analysis, you can flip sometimes daily for a larger profit than just holding outright.
This stuff wont be taught in university, why do you think econ and finance profs aren't working at a hedge fund? They're too stupid or impractical to make money.
>>79252624
It's getting late lol.
>>79252691
yes, yes leaf. As a matter of fact, please please trade more. why not 10x the volume and make 10grand a day? I'll be happy to either buy or sell to you at any point in time.
>>79252661
Yup, 11% return per year net expenses just sitting on your ass with 0 oversight by you.
This guy won't screenshot his brokerage account statement because there is no way he is making 11% per year net expenses by day trading.
>>79252691
Link your account in which you make 11% per year net expenses (trading and FX costs)
>>79252619
I don't think either will leave. We're hearing a very vocal minority at the moment. Remain does not equal independence.
I heard India already offered the UK a trade agreement. That could be their new market. Their industry will do fine
>>79252691
Academic Finance has provided the basis for 90% of what hedge funds do:
>famas efficient market hypothesis
>malkiel extending this with the random walk theory
>modigliani-miller debt-equity theory
>markowitz, merten, sharpe etc. doing work in continuous time stochastic processes to model asset markets
>>79252787
I rarely trade daily. Then you'd lsoe almost every time. I have a 56% success rate so far. Pretty good since most decent traders can't even pull 50/50. I recognize the more you trade the higher the risk, but it's more variable. Creating control time series hypotheses can go a long way to establishing a likely macroeconomic trend holding price levels above certain tested historical levels relative to controls employed.
There usually isn't more than one trade one can make a day. Trading 10x a day is retarded. And even then only if you've established and tested a long term macroeconomic trend as a measure of risk aversion. Trust me you wannabe elitist, you and your firm isn't shit, this leaf will be your boss one day, that is if you're any good of course.
