Stocks Hit 4yr High

[earthlyfather]

Thanks. It is exasperating to try to teach children and progressives about how things correlate. A key word in economic discussions. Correlation.

The fat cats understand correlation, and act accordingly. Meow.

Originally Posted by pknopp

That is not how it happened. The Dow fell and the politicians argued. The politicians agreed to bail out the banks and allow the Fed a free hand at doing whatever it wanted. QE1 started and the markets has followed through QE2. Look at what the markets did when it wasn't secure in the idea of QE3. It fell. Bernanke starting implying that QE3 would kick in and away the markets went.

Not hiring. Not wages. Not housing. Just the markets. Oh, and the prices people pay for most everything else.

[monkeywrenching]

Originally Posted by DJboutit

Stocks hit 4yr high toady this is great news for our economy & people still believe that we are not better off than 4yrs ago

US STOCKS-S&P 500 hits more than 4-year high after ECB move | Reuters

if the stock market is doing sooooooooooooooo good, then why isnt gold down around 200-300 an ounce instead of being over 1500 an ounce?

[KUchief25]

Originally Posted by pknopp

That is not how it happened. The Dow fell and the politicians argued. The politicians agreed to bail out the banks and allow the Fed a free hand at doing whatever it wanted. QE1 started and the markets has followed through QE2. Look at what the markets did when it wasn't secure in the idea of QE3. It fell. Bernanke starting implying that QE3 would kick in and away the markets went.

Not hiring. Not wages. Not housing. Just the markets. Oh, and the prices people pay for most everything else.

Block of Velveeta is 5.99 now. Getting damn expensive to have some cheese dip for the football party on Sundays. Stupid fed!!!

[KUchief25]

Originally Posted by OICU812

The Democrat Convention was all about Obama supposedly helping to enrich the middle class, but all he has done is enrich the fat cat bankers and Wall Street fat cats, while the middle class goes on unemployment, Welfare and Food Stamps, and this they call a sign of an Obama policy success.

Obama and his policies have moved many out of the middle class to the lower and then blames everybody else for this happening. It is beyond nauseating listening to this guy drone on endlessly the same worn out rhetoric. I think the swooning media is even tiring. They weren't too impressed by his speech the other night. Or they still had wood from Clinton not sure.