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Should be interesting to see how far it crashes when the spigot is totally shut off.
The hypocrisy of many conservatives is a sight to be hold. When the stock market hits highs, they say nothing, when the stock market increases, they say nothing. When it goes down every single time for YEARS now they use that decline to declare the stock market is in a decline that will go on for a long time.
Again, these stock market doomsday predictors have been wrong for years yet never change their opinion.
Many of these same hypocrites do the exact same thing with the jobs reports, when it is a good report they say nothing, whenever it is a bad report they say this is the start of a long decline. These jobs doomsday predictors have been wrong for years, yet never change their opinion.
The hypocrisy of many conservatives is a sight to be hold. When the stock market hits highs, they say nothing, when the stock market increases, they say nothing. When it goes down every single time for YEARS now they use that decline to declare the stock market is in a decline that will go on for a long time.
Again, these stock market doomsday predictors have been wrong for years yet never change their opinion.
Many of these same hypocrites do the exact same thing with the jobs reports, when it is a good report they say nothing, whenever it is a bad report they say this is the start of a long decline. These jobs doomsday predictors have been wrong for years, yet never change their opinion.
We haven't seen a decent job report for 6 years have we??? Get your head out of the sand-the economy has sucked for 5 years with no end in sight-Simply amazes me when the left cannot open their eyes.
Trust me I love the when the stock market is up...
We haven't seen a decent job report for 6 years have we??? Get your head out of the sand-the economy has sucked for 5 years with no end in sight-Simply amazes me when the left cannot open their eyes.
Trust me I love the when the stock market is up...
You are in fantasyland about the jobs reports. The economy is growing.
Yet, you have not addressed my main points, which is the hypocrisy of conservatives who predict doomsday at every bad jobs report of stock market decline, yet have been wrong for years.
A handful of people pushed gold and that's less important than someone like Krugman pushing for more and more debt. Society isn't impacted in any way buy some guy wanting to buy gold.
The debt load is manageable - and in fact, as a percentage of GDP, the US debt has been MORE than this before (twice in fact). With the deficit falling rapidly and the economy growing again (and tax revenues rising) they debt will become less of an issue.
Well, Ken..................... you have been right about the market rise so far. I bailed at Dow 10,500. However, no man can predict the future. It will be interesting to see at what level the markets settle when the fed stops priming the pump.
Thanks for that.
Yes, the market took a hit. The "reason" was "firm talk about the ending of QE", but the fact is, it was simply time for a some retrenchment after the HUGE rise the markets' seen this year and once that's done (and that MAY be done now already - we'll see shortly) the rise will continue.
As I mentioned to another poster, the majority of the impact the end of QE has on the market will be DONE (and factored in to stock prices) by the time QE actually ends. As the saying in the market goes "buy on the rumor - sell on the news" (in this case it would be better phrased "sell on the rumor - buy on the news" since this is generally considered to be a "negative" rumor/news rather than a "positive" rumor/news).
Whatever that "end of QE" impact is, it's not going to be NEARLY as negative as a lot of you folks are expecting. Fears of that are wayyyyyyy overblown.
You are in fantasyland about the jobs reports. The economy is growing.
Yet, you have not addressed my main points, which is the hypocrisy of conservatives who predict doomsday at every bad jobs report of stock market decline, yet have been wrong for years.
Yes with part time and retail jobs....get a grip..the rate we are going it will take 10.5 years to recover-I'm sure good ol Obamacare has something to do with this.
No it's more proof that the economy is not doing as well as you lefties believe...you don't find it odd that the stock market plunged when Bernanke hinted that we should ease the stimulus?
The apparent "increases" in the Stock market only reflect the devaluation of the dollar. By printing money it lowers the value of the dollar and gives a false impression that the value of stock has increased.
Thanks for that.
Yes, the market took a hit. The "reason" was "firm talk about the ending of QE", but the fact is, it was simply time for a some retrenchment after the HUGE rise the markets' seen this year and once that's done (and that MAY be done now already - we'll see shortly) the rise will continue.
As I mentioned to another poster, the majority of the impact the end of QE has on the market will be DONE (and factored in to stock prices) by the time QE actually ends. As the saying in the market goes "buy on the rumor - sell on the news" (in this case it would be better phrased "sell on the rumor - buy on the news" since this is generally considered to be a "negative" rumor/news rather than a "positive" rumor/news).
Whatever that "end of QE" impact is, it's not going to be NEARLY as negative as a lot of you folks are expecting. Fears of that are wayyyyyyy overblown.
Ken
Great perspective...grounded in history. I'm buying with both hands.
The DOW is still up over 15% since the beginning of the year.
Until they stop pumping it up to the tune of 30 billion a month. Obama has paid his donors and handlers back by now. You liberals don't understand a thing about economics except its nice to take from the working class and give to the leeches.
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