Market Outlook 2017 and beyond

[Darc Knight]

Just interested in everyone's opinion on the outlook for the market in 2017 and beyond.

I guess the wildcards out there include Trump starting a trade war. Trump starting WW3. Trump stimulating the U.S. economy with some strong policy. Then there's China.

What are everyone's thoughts on our Market outlook?

 

[Wysiwyg]

The U.S. markets are in the second longest bull run in history although not the greatest % gains. Long term I presume the U.S. market will continue to edge higher pending no significant military or financial abnormalities. A cause.

 

[Gringotts Bank]

This won't be news to anyone, but driverless car technology (and to a lesser extent, Uber) will be so big it will make Apple look like a tinpot company. The advantages over traditional 'drive yourself' are multiple and enormous. It has everything going for it. With such a definite and positive future, the competition will be fast and fierce. It will be commonplace before we know what's up. Like mobile phones in the 90's, but a lot faster and more disruptive.

http://www.fool.com/investing/gener...o-get-your-driverless-car-investments-up.aspx

https://www.cbinsights.com/blog/autonomous-driverless-vehicles-corporations-list/

If anyone knows how to find value and potential in this market, please share.

 

[Wysiwyg]

This won't be news to anyone, but driverless car technology (and to a lesser extent, Uber) will be so big it will make Apple look like a tinpot company.

Nuh. People aren't going to warm to driving down the road at 60 - 100 km/h with a computer in control. It's another technology novelty that will be taken up by a few % to say they have.

 

[Darc Knight]

I saw an episode of some ABC program recently, they were discussing this driverless technology. I think they concluded only long haul trucking was likely to become driverless in the near future, but driverless technology was going to happen. I think separate lanes had to be built for the driverless Trucks as well.

Would you be comfortable with a driverless big rig doing 110k right behind you? Computer failure etc etc.

Anyway, is this ramping or off topic?

 

[Gringotts Bank]

Oh come on you guys. Do I have to spell out the advantages??? There's never, EVER been a bigger winner. It wins on every front.

1- Elderly and disabled can get around easily
2- Kids going to sport, school or to friend's place without Mum as taxi
3- Drink driving a non-issue
4- Work whilst commuting
5- Relax/sleep whilst commuting
6- Less+++ traffic
7- Parking issues disappear completely
8- Accidents fall to near zero
9- Commute times lessened massively
10- truck driver issues (drugs, sleepiness, accidents) disappear completely


I mean there's nothing that compares throughout human history. It's ALL upside.

 

[Wyatt]

While this post is still a little of topic, there is an "future" element in there somewhere and an interesting 53 minutes if you haven't already viewed, particularly about driverless cars.

https://www.youtube.com/watch?v=Kxryv2XrnqM

and on another tangent and somewhat topical

https://www.youtube.com/watch?v=D97OxHZzBeQ

 

[systematic]

Would you be comfortable with a driverless big rig doing 110k right behind you? Computer failure etc etc.

...Would you be comfortable with a human driving a big rig doing 110k right behind you? Human failure etc etc.

I can totally see the separate lanes thing being part of the introduction

 

[rb250660]

Oh come on you guys. Do I have to spell out the advantages??? There's never, EVER been a bigger winner. It wins on every front.

1- Elderly and disabled can get around easily
2- Kids going to sport, school or to friend's place without Mum as taxi
3- Drink driving a non-issue
4- Work whilst commuting
5- Relax/sleep whilst commuting
6- Less+++ traffic
7- Parking issues disappear completely
8- Accidents fall to near zero
9- Commute times lessened massively
10- truck driver issues (drugs, sleepiness, accidents) disappear completely


I mean there's nothing that compares throughout human history. It's ALL upside.

The subway does all 10 of these for me here.

 

[Toyota Lexcen]

Our market will still be in a bear market in 2017, sideways between 5000-5600 for the next 5-10yrs

If the banking crisis and crisis in confidence can clear any quicker then may get some capital growth otherwise very much a chance your $1 will be $1 in 5yrs time

 

[Gringotts Bank]

The subway does all 10 of these for me here.

There's no comparison.

Train issues:

- commute time (you first have to walk or drive to the station, then fight to find a park)
- you have to squash in among the great unwashed without any hope of a seat in peak hour
- you have to wait on the station for the train to arrive
- you have to follow where the track goes - no flexibility whatsoever
- it's not safe at night
- you can't get a train at 4am
- you can't get a train from remote or country regions (mostly)
- you can't fly up the street in 5 minutes to do odd jobs

THINK. It will be as big as the industrial revolution.

 

[rb250660]

There's no comparison.

Train issues:

- commute time (you first have to walk or drive to the station, then fight to find a park)
- you have to squash in among the great unwashed without any hope of a seat in peak hour
- you have to wait on the station for the train to arrive
- you have to follow where the track goes - no flexibility whatsoever
- it's not safe at night
- you can't get a train at 4am
- you can't get a train from remote or country regions (mostly)
- you can't fly up the street in 5 minutes to do odd jobs

THINK. It will be as big as the industrial revolution.

I live in Japan so it's a little different. There are more countries in the world than vast Australia.

- The subway is a 100m walk from my (and countless others) apartment.
- A subway ride is 10 minutes for most. Standing on your feet is no problem. The majority of Australian's are fat because they sit on their **** all the time. Some standing and walking might do the population some good.
- Trains (and busses) arrive/depart every 5 minutes max.
- Everything is within a few hundred metres of a station so no problem with flexibility of destinations. Not to mention not having to find a park and have my wallet raped when I leave.
- I can get a train at 4am.
- Remote destinations are not travelled to often. If I need to go to another city I just jump on the Shinkansen.
- I don't need to 'fly' up the street for anything. It's all within 200m of my apartment.

THINK about other peoples living arrangements. Like I said, there is more to this world than spread-out Australia. Australia is an insignificant market that will be ignored when deciding if this technology is viable.

 

[McLovin]

I live in Japan so it's a little different. There are more countries in the world than vast Australia.

- The subway is a 100m walk from my (and countless others) apartment.
- A subway ride is 10 minutes for most. Standing on your feet is no problem. The majority of Australian's are fat because they sit on their **** all the time. Some standing and walking might do the population some good.
- Trains (and busses) arrive/depart every 5 minutes max.
- Everything is within a few hundred metres of a station so no problem with flexibility of destinations. Not to mention not having to find a park and have my wallet raped when I leave.
- I can get a train at 4am.
- Remote destinations are not travelled to often. If I need to go to another city I just jump on the Shinkansen.
- I don't need to 'fly' up the street for anything. It's all within 200m of my apartment.

THINK about other peoples living arrangements. Like I said, there is more to this world than spread-out Australia. Australia is an insignificant market that will be ignored when deciding if this technology is viable.

Driverless cars will never replace mass transit systems, anywhere, and most definitely not in Australia. We don't have the roads for it. They'll just become taxis. The US is far more decentralised than Australia and is a significant market. Aside from NYC no other US city's public transport system has as much ridership as Sydney's.

 

[Darc Knight]

Our market will still be in a bear market in 2017, sideways between 5000-5600 for the next 5-10yrs

If the banking crisis and crisis in confidence can clear any quicker then may get some capital growth otherwise very much a chance your $1 will be $1 in 5yrs time

Is this pretty much the consensus. Other than that all I hear is doom and gloom such as the U.S. Market is headed for a dip.

Buying up or entering the Market now may take a lot longer to become profitable?

 

[rb250660]

Is this pretty much the consensus. Other than that all I hear is doom and gloom such as the U.S. Market is headed for a dip.

Buying up or entering the Market now may take a lot longer to become profitable?

I changed my trading style a few years back to work in this sideways (and trending when it comes in) type of action. I'm in and out in a matter of days, sometime hours. It's the only way I've been able to work out how make a few dollars trading mechanically with the restriction of being away from the screen during almost all of the open hours.