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JETS will play on Monday Night at 7pm in Detroit
ganggreen2003 Icon : (18 November 2014 - 05:34 PM) all these players that got cut today cause they bitched about touches
ganggreen2003 Icon : (18 November 2014 - 05:35 PM) Ben Tate, LaGarret Blount and Jason Avant
Jetsfan115 Icon : (19 November 2014 - 01:37 PM) aldaon smith did too, but he didn't get cut
HarlemHxC814 Icon : (19 November 2014 - 06:51 PM) ALDAON SMITH
HarlemHxC814 Icon : (19 November 2014 - 06:51 PM) TEH MILBER
Jetsfan115 Icon : (19 November 2014 - 08:51 PM) Fuck you lol ;)
Jetsfan115 Icon : (19 November 2014 - 08:51 PM) and it was brooks anyway ;)
santana Icon : (19 November 2014 - 11:36 PM) Titties
HarlemHxC814 Icon : (20 November 2014 - 09:46 AM) Raul is bringing nothing to the table
HarlemHxC814 Icon : (20 November 2014 - 09:47 AM) TEH TABLE
Jetsman05 Icon : (20 November 2014 - 12:59 PM) he really doesnt
Jetsman05 Icon : (20 November 2014 - 12:59 PM) besides funding the site
Jetsfan0099 Icon : (20 November 2014 - 02:00 PM) Looks like the game will be moved to Monday night in either Detroit, Pittsburgh, or Washington DC.
santana Icon : (20 November 2014 - 02:55 PM) that makes it sound like I AM THE TABLE
MikeGangGree... Icon : (20 November 2014 - 03:36 PM) SUCK FOR TEH DUCK
santana Icon : (20 November 2014 - 08:28 PM) lets go chaaaaaaaales
azjetfan Icon : (20 November 2014 - 08:37 PM) We want raiders to win
santana Icon : (20 November 2014 - 08:59 PM) Michael Irvin pre-game, "Jamaal Charles makes defenders look like Ray Charles"
ganggreen2003 Icon : (20 November 2014 - 09:00 PM) JETS will play on Monday Night at 7pm in Detroit as per Fox Sports Mike Garafalo
santana Icon : (20 November 2014 - 09:07 PM) word
santana Icon : (20 November 2014 - 09:07 PM) i wonder how much tickets could be
santana Icon : (20 November 2014 - 09:16 PM) murray bringing it to the table for 05
santana Icon : (20 November 2014 - 09:16 PM) well bringing it to his bench
Jetsman05 Icon : (20 November 2014 - 09:22 PM) Unreal. My fantasy luck is awesome
santana Icon : (20 November 2014 - 09:25 PM) GIOVANI OCHO SANTOS
santana Icon : (20 November 2014 - 09:26 PM) If i win by 3 pts i'm going to get drunk with the tulane students
santana Icon : (20 November 2014 - 09:50 PM) I don't think murray comes back. That hit was pretty vicious
santana Icon : (20 November 2014 - 11:46 PM) THEEE RAAAAAAIYYYYDDDAAAHSS
ganggreen2003 Icon : (20 November 2014 - 11:46 PM) Hell has frozen over
ganggreen2003 Icon : (20 November 2014 - 11:46 PM) the Raiders have won a game against the KC Cheifs
santana Icon : (20 November 2014 - 11:51 PM) that celebration on 3rd down when they sacked alex smith was hilarious
santana Icon : (20 November 2014 - 11:51 PM) they had no clue it was 3rd down
HarlemHxC814 Icon : (Yesterday, 12:56 PM) RAUL IS TEH TABLE
HarlemHxC814 Icon : (Yesterday, 12:57 PM) HALA RAUL
santana Icon : (Yesterday, 01:22 PM) yeah buddy
santana Icon : (Yesterday, 01:23 PM) I wonder how much ticket to this jets game would be. I hope its free
Jetsfan115 Icon : (Yesterday, 01:24 PM) city of detriot needs something.
santana Icon : (Yesterday, 01:25 PM) yeah global warming
ganggreen2003 Icon : (Yesterday, 05:34 PM) Any word on what channel the game will be shown outside of the NY area?
santana Icon : (Yesterday, 06:07 PM) No idea
santana Icon : (Yesterday, 06:07 PM) Direct tv announced they will be showing it though
ganggreen2003 Icon : (Yesterday, 06:08 PM) I just found out it will not be shown nationally
MikeGangGree... Icon : (Today, 08:23 PM) 4 TDS for THE DUCK
MikeGangGree... Icon : (Today, 08:24 PM) and 400 total yards
MikeGangGree... Icon : (Today, 08:24 PM) WOOOOOOOO
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Bernanke Dares You To Buy Stocks

#1 User is offline   azjetfan Icon

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Posted 24 May 2013 - 02:01 PM

Any of you who have 401Ks that are stock based (especially those from former jobs) or and stocks may want to sit with your advisor or get one.

Quote

Federal Reserve Chairman Ben Bernanke reiterated this week the message he has been sending for months about interest rates, the economy and the stock market.

Oh, it was couched in rhetoric and Fed-speak, but his message to average investors came through loud and clear: “I dare you to invest in stocks.”

No, Bernanke did not use those words, but the Fed’s actions and the chatter around them make that message unmistakable.

Combine an interest-rate environment where savers get virtually nothing with a stock market at all-time highs and a general nervousness about what will happen to that market when the Fed finally stops stepping in to prop up the economy and you have to wonder if investors have the nerve to throw more money at stocks.

Then add in Bernanke’s hint that the Fed’s rate of bond purchases could slow “in the next few meetings” and he just double-dog dared you to put more money in the market, knowing that the market will react to the end of quantitative easing the way most of us respond to food poisoning.

This reaction could be short-lived, however, and by floating that trial balloon this week, Bernanke may have been testing the waters, trying to see just how much the market reacts. The more it reacts now —— the more the big institutions start to anticipate a change in policy and price it into their plans — the less likely it will react with some long-running shock when the real moment arrives.

Plenty of average investors have taken Bernanke’s dare, which has simply grown stronger and more brash since the financial crisis of 2008. That said, while statistics show money flowing into equities, most of that has been from big institutions, and there hasn’t necessarily been some huge outflow from the fixed-income side of things, so there are a lot of people who haven’t responded to his actions yet.

“The majority of individual investors aren’t biting,” said Greg McBride, senior financial analyst for BankRate.com. “In April, Bankrate.com found 76% of Americans are not more inclined to invest in the stock market now, despite record low interest rates.”

For the investors who are in, Bernanke’s dare is something they had already factored in. For the rest of the investing public, they’re balancing all of the worries that have kept them out until now, most notably balancing the idea of a market at record highs with all of the conditions that make them nervous that a correction — or something much worse — is coming.

“You don’t want to be in or out based on emotions or flows, but on fundamentals,” said Barbara Marcin, manager of the Gabelli Dividend Growth fund (GBCIX) . “The overall fundamentals of the market are mediocre right now, you can’t get too excited. So while the Federal Reserve has intended to hold the risk-free rate to practically nothing to offer investors no choice but to invest in stocks if they want a return … the average individual hasn’t poured in.”

Bloomberg Ben S. Bernanke, chairman of the U.S. Federal Reserve, speaks during a Joint Economic Committee hearing in Washington, D.C., U.S., on Wednesday, May 22, 2013.
“Traditionally, the market doesn’t form a good top until everybody is in, and that certainly hasn’t happened yet, but anyone who is getting in now has missed a tremendous run and may be getting in mostly because they feel that they have no real choice because they can’t get a real return anywhere but the market,” she added.

While it’s easy to find analysts touting the market’s solid prospects, investors are still having a tough time getting over the market’s travails of the last decade-plus. Cyclical swings don’t just batter account statements, they damage people’s confidence to stay in the market; it’s hard to stay invested — or even be invested — in a market that delivers its long-term returns in such an uneven way.

And yet for individuals, capturing the long-term return is the point.

No one has a good answer on how to do that without taking Bernanke up on the dare.

“Individual investors are starting to come into the market some, which I hate to see now that the market is at a high,” said Jeffrey Hirsch, co-author of the Stock Trader’s Almanac. “It would have been better last fall, when we had a major buy signal, or at some other time. But there’s always going to be a time that might be better, the problem is that if you just missed the last good time to get in the market, how do you know you will recognize the next ‘best time.’

“With the Fed providing a tailwind of liquidity,” he added, “I don’t think there will be a downdraft until Bernanke takes the punch bowl away. … But investors who want to take a chance now need to keep perspective on the risk versus the reward.”

Clearly, balancing risk requires diversification, not going all-or-nothing on Bernanke’s wager. It also means looking at the market not entirely in terms of percentages, but in real-dollar terms.

Hirsch noted that an investor with $10,000 looking to gain a 5% return is talking about adding $500 in annual returns compared with keeping the money on the sidelines. The discrepancy gets a bit bigger when adjusted for inflation.

“The question is whether that $500 is going to make it for you,” he said, “because if it’s not — and you’re too nervous to be in the market — you could still find yourself better off if you save more, or change your spending or doing something else that lets you invest more comfortably.”

Comfort is something the current market is not giving investors, even as it continues to play around with new highs. Investing into discomforting times — though historically profitable — is hard.

Ben Bernanke knows that.

If you’re not going to take his dare, planning around it is crucial. And if you are going to take him up on the challenge, you won’t want to be the last one to do it, because someone is going to wind up losing in this challenge, and it is most likely to be the ones who only accept Bernanke’s gamble right before he changes his provocation to something different.




Chuck Jaffe is a senior MarketWatch columnist. His work appears in many U.S. newspapers. Follow him on Twitter @MKTWJaffe.

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