"If I was Darth Vader and I wanted to destroy the US economy, I would do aggressive spending in the middle of an already hot economy."

"You usually get a bubble out of that, and you get inflation of of that. Frankly, we now have both. This is the biggest bubble I've seen in my career."

"What are we going to get out of this? You're going to get a sugar high for 3 to 6 months, the higher inflation, then an economic bust," Druck warned.

RTT Comments: However Luke Gromen does not agree with DRUCK below, see POINT 4, they need a booming economy to generate tax revenues, more so before Nov 2022 mid terms elections.

"I dont think we need to do anything, we need to take a step back take a breath and see where we are...I think any net spending is a problem. I love a lot of stuff in the infrastructure plan particularly the investments int he digital infrastrucutre. There's a lot of other stuff i am okay with."

HINT: The bull market ends when the Pentagon walks into the White House and screams at the President the US dollar is too low, and it is a major National Security Risk! David Hunter suggest this maybe around $80 to $85 on the DXY.

.."Without specific, clear, and tested rules, speculators do not have any real chance of success"..

Jesse Livermore


.."A socialist is someone who has read Lenin and Marx. An anti-socialist is someone who undertstand Lenin and Marx"..


Ronald Reagan

.."Fundamentals might be good for the first third or first 50 or 60 percent of a move, but the last third of a great bull market is typically a blow-off, whereas the mania runs wild and prices go parabolic... There is no training, classroom or otherwise, that can prepare for trading the last third of a move, whether it's the end of a bull market or the end of a bear market."...

Paul Tudor Jones


..“I buy on the assumption they could close the market the next day and not reopen it for five years” and “Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.”..

Warren Buffet


My experience has been that in successful businesses and fund management companies, which performed well over the long-term, some courageous decisions were taken. Courageous fund managers reduce their positions when markets become frothy and accumulate equities when economic and social conditions are dire. They avoid the most popular sectors, which are therefore over-valued, and invest in neglected sectors because being neglected by investors they are by definition inexpensive. The point is that it is very hard and that it takes a lot of courage for a fund manager to avoid the most popular sectors and stocks and to invest in unloved assets. Finally, every investor understands the principle ‘buy low and sell high’, but when prices are low nobody wants to buy.

Marc Faber