Dr. doom11/8/2023 Consult your financial advisor before purchasing any security. Past performance does not guarantee future results. Clients hold the positions mentioned in this article. Information is found at or by calling 77. The headlines may be good for the financial media’s marketing, but not for you.ĭavid Vomund is an Incline Village-based Independent Investment Advisor. Their goal is to get you to read an article and maybe pass it along to others who are unaware of the uniformly dismal track record. NOW? Not helpful.īeware the scary headlines, especially from those who are always bearish (called perma bears). Most strategists and analysts are now turning bullish. Now the S&P is up 20 percent year-to-date. At the end of last year and into early 2023 the pros were overwhelmingly bearish. The financial news shows give helpful information, but most comments and opinions from strategists and analysts merely reflect and extend into the future what has already happened. And there is this headline from last week: “A long-time market bear who called the 20 crashes warns the S&P 500 could plummet 64%, bursting a historic bubble.” 7/25/23 A Doctor Doom solo film was actually in development back when 20th Century Fox still had the rights, under the purview of Noah Hawley, best known for the Fargo TV show and another Marvel. He is a Professor Emeritus since 2021 at the Stern School of Business of New York University. Doom,’ who predicted the 2008 crash.” 5/24/23. Doom' born March 29 1958) is a Turkish-born Iranian-American economic consultant, economist, and writer. That crash didn’t arrive but his predictions continued: “Wall Street could be just 2 weeks away from a giant market crash, says ‘Dr. Doctor Doom Victor Von Doom overcame his difficult childhood to become one of the world’s most brilliant scientiststhough, at every turn, he saw his achievements outdone by a man called Reed Richards. Doom, the economist who predicted the 2008 crash.” 9/21/22. “Prepare for a ‘long and ugly’ recession, says Dr. “Economist Harry Dent predicts ‘once in a lifetime’ market crash, says Dow could plunge 17,000 points” 12/10/16. Here are some: “Faber: Can’t see another bull market in my lifetime” 1/27/16. Then there are headlines on financial websites. In fact, that is more than their average quarterly profit from 2013 to 2020. Wrestling with visions of an entirely different life a better future the lord of Latveria offers mankind a stark warning about the folly of a. But $5 billion of profits in three months hardly sounds like a day of reckoning. Doctor Doom (2019 - 2020) Victor Von Doom is at a crossroads. Just last week I saw the headline, “A day of reckoning for energy company profits.” The article talked about how Shell and TotalEnergies’ made $5 billion each from April through June, which was down sharply from a year ago. Few would read an article titled, “Stocks will have an average year,” but it would be more accurate than the scary predictions. Financial articles often have scary titles because bad news sells. Did my headline get your attention? Good.
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