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Forgot, one thing..printing more money is the last weapon in the entire government tool box. With a GOP landslide in Nov. there will be no more bailouts and cutting spending will be the name of the game. The Fed weapons have been used except a second round of printing paper. If they use it now, we all know they are mo...more
Anthony,
You are on top of this one. I find it hard to believe the Fed is even considering such a move (printing even more money).
The economic reward is minimal (or non-existent) while the risks are very real. We are in unchartered territory and they should not be experimenting. They should lay low and let th...more
Kitty,
Part of the problem is the american worker does not have the skills required by business yet want paid world class wages. It simply does not work that way. We have all become sales people, not knowledge workers. You simply do not get paid $30 per hour anymore screwing a bolt on a widget.
The more Obama speaks the less popular he becomes. Could there be a relationship here or is it a "messaging issue"? I think most people are smarter than that. He is now trying to sound like the great Martin L. King in his speeches. He is getting deperate now.
It is a sad day indeed when the market is driven by the Fed's misguided desire to print more and more money. This is a market I want no part of. By the way, my Asia fund is up 35% YTD. There is zero growth in the US markets, unless you are a day trader.
The market is "fools gold". Go for it!!!
I like Anthony a lot, but there are too many "analyst" left-over from the market boom days that we do not need anyone. For example take "Fast Money" on cable. Who in the world is listening to that stuff anymore? Soon we will have many unemployeed financial talking heads.
Colorado Cowboy, poverty is now higher than ever before even after all the left-wing giveaways of the past 40 years.
The "2% owning everything" sounds a little greedy, like they owe you something. Look, I could careless if there are people making a lot more money than me (so what?). What many call "poverty" in the...more
I agree with all of you. One thing to add is demographics. The people that drove the booming 1990's were the baby boomers. These people now are more risk inverse not only because of getting burnt in 2008 but are nearing retirement.
Also there is still the "good old days" infrastructure (leftover stock market talki...more
9/29/2010
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