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Do you guys think the market (stock market) is returning again back to what we are use to? Its been very close to the 8,000 market as if toady (March 26, 2009)!!! I believe once we get out of the economic depression (we are in a recession but we are depressed) Americans should be a whole lot smarter and follow the supply and demand charts accurately! We (especially if you live in a city or suburb that was/is booming) over built our home market to a point where there is close to empty new neighborhoods!!! Where I live developers were building 1000 of homes that were for sell but were not demanded yet, so now they lost a LOT of money!!!
So when do you guy's think that stock market will return???
(I'm talking about when will we pay back all of our loans from China lol)
Some cities aren't in a recession, some are already in a depression (Detroit was in a recession way before other cities but now it's in a depression), and some are going to recover the next quarter...The West Coast will most likely return slowly because of there extremely over built market (homes, businesses, and etc)!!!
who cares we'll just print money. inflation is coming. you'll never see a bull market like the past 30 years in the next 30 years... about to stop that from happening again. it is going to be much more stable like some of the higher socialized european countries.
Do you guys think the market (stock market) is returning again back to what we are use to?
You probably are thinking current conditions along with the Spendapalooza Act of 2009 but something unexpected, like, for example, North Korea bombing Alaska/Japan or al Qaeda setting off a dirty bomb in Hollywood or Iran exercising its nuclear power while we're still talking away blah, blah, blah to them or England financially collapsing or China getting a bird flu epidemic or Mexicans storming the southern border or the President giving up our American sovereignty to the United Nations or massive unionization from card check, or a big earthquake wiping out San Francisco could also impact our economy negatively. Then there is all of that "green" regulation that hasn't kicked in yet that costs money and that businesses will pass on to consumers making the middle class tax cut look like peanuts. Plus, think of all of the Americans that will be on disability from carting around wheelbarrows of cash to purchase a loaf of bread, due to inflation, thus sucking the future nationalized healthcare system dry...In other words, there are too many unknowns and many beyond Timmy Geithner's authority and control -- so far.
Don't bet on it. Just because the stock market is beginning to rise again does not mean an economic turnaround is right around the corner. The government is trillions of dollars in debt and will be spending trillions more in an attempt to continue to prop up the banks and car companies. This will lead to inflation which in turn makes the value of the dollar plummet. China has already said they will stop buying T Bills if the dollar continues to decline further. The unemployment rate is continuing to rise as companies shed jobs and this trend will continue indefinitely. Both companies and private citizens are saddled with so much debt that they cannot buy anything else. Most Americans have no savings because we've gone from being manufacturing based, producing nation to one that consumes and spends.
As the idiots in DC continue to waste our money on frivolous programs and corporate handouts, you'll see a continued decline in the economy and further eroding of the dollar on international markets. More businesses will declare bankruptcy or shut down this year and next, consumer debt will continue to rise as unemployed people use their credit cards and what little savings they have to survive. Credit will continue to be very tight and most of the people and the companies that need it will not be able to get it. That may be a blessing because it will prevent us from sinking into even deeper debt. And I believe the Stock Market will start to decline again by the end of the year as reality sinks in that we have too many problems that cannot be solved by simply printing more money and handing it out to bankrupt corporations and the creation of more bloated government programs.
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