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Jim, your all over the board with this one. It is going to get ugly. The days of thinking that bad economic numbers are not so bad are over. The market is and has been distorted from some time by the Fed. Never play in a market that is no longer a market anymore. Remember, it is people's life savings we are talking abo...more
Funny how these same "environmental friendly" liberals in Congress care about trees, yet I get a tree deliveried in my mailbox every day in the form of junk mail. 99% of US post service mail is junk and unwanted sales flyers. Congress, stop this non-sense!!!
Anthony is right. The labor participation rate is the real drive. Notice that in the past it has always tracked closely to overall stock market trends. Notice today there is a major disconnect. Only the dumb money is getting into the stock market at the present level. The party is about to end.
I am more than happy to take my profits, but you also have got to know when the party is over. At the macro level, think about it... have you ever seen a time in your life when the developed economies of the world are in recession (or close to it) and seen stocks near all-time highs. Fed or not, this eventually catches...more
Hey Good Chris, My teachers teached me more gooder, didn't they. I am a result of a broken educational system that spends most of our money indoctrinating our kids to the progressive agenda. What is would you expect, fool.
Remember the old business cycle with autos? Boom and bust. Well, we are heading down the downward slope with auto sales starting this year. Soon we will be able to take autos away as the reason for our baseless optimism. Housing is likely to flatten out after this slight uptick. If you haven't noticed, new lending sta...more
Jim, It might be time to get out in front of this one and call it for what it is...a stock market bubble induced by the Fed. It is interesting that investors have become numb to the constant flow of sub-normal economic numbers. We celebrate mediocrity. Things are far from normal and I sense we have reached a critical m...more