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Safer at the crap table then the market nowdays unless your a big bank or hedge fund manager who knows what will happen.
Good luck with that stupid investment plan.
Over the long run the markets have always gone up - ALWAYS - and it doesn't take "inside info" to dump your money into an S&P 500 index fund to go along for the ride.
"I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the Fed’s first plunge into the bond-buying experiment known as quantitative easing. The central bank continues to spin QE as a tool for helping Main Street.
But I've come to recognize the program for what it really is: the greatest backdoor Wall Street bailout of all time."
The tapering is seen as a positive for the market because it signals that the fed sees a growth in jobs. Has there really been a growth in jobs? No. There are less people working since the 1970s. That means there are less jobs. At some point the markets will realize the fed is wrong and then the market will drop.
The delay in implementing the employer mandate has also been a positive for the markets. That positive will be coming to an end at some point unless Obamacare is repealed.
There are NOT "less people working since the 1970's" There are MILLIONS more people working today than there were in 1970. The PERCENTAGE of folks working is lower but the COUNT of people working is higher. Social and demographic factors have a huge impact of the Labor Force Participation rate. Babyboomer swelled th Labor Force Participation Rate as they grew into their "laborforce years" and they're shrinking it again as they leave their "laborforce years".
In 1970 there were 28.682,286 folks over 60 (14.1% of the population)
In 2010 there were 56,986,401 folks over 60 (18.4% of the population)
That's more than double. Meanwhile the U.S. population in that time has grown by only 50% - meaning the "over 60" population is has grown at TWICE the rate as the U.S. population as a whole. That has a significant impact on the LFPR - and that impact is only going to grow.
By 2020 there will likely be 75,813,321 folks over 60 - nearly TRIPLE what it was in 1970 (22.2% of the population) - meaning that as a percentage of the overall population, the "over 60" group will have increased by 50% since 1970. By 2040, they will make up fully 1/4 of the U.S. population.
Meanwhile the U.S. is experiencing the slowest overall population growth since the 1930's.
Demographics matters. It's not just how many people a nations has, but also HOW they are distributed age-wise. A nation that is 25% seniors is NOT going to behave the same way a nation that is 14% seniors is. Work patterns will change, spending patterns will change, living arrangement patterns will change - in short, pretty much everything will change. The recent changes in the Labor Force Participation Rate are just the beginning of a whole lot of coming changes. The Babyboomers changed all those patterns when they came into the world and they'll change them again as the start to go out of the world.
so the stock market has ups and downs? this is breaking news.
Apparently it is to wingnuts. They seem to think that somehow market booms never happened before QE.
It's nothing new going on folks, just the market behaving as it always has as the nation pulls out of a recession.
DUH!!!!!!!
Apparently it is to wingnuts. They seem to think that somehow market booms never happened before QE.
It's nothing new going on folks, just the market behaving as it always has as the nation pulls out of a recession.
DUH!!!!!!!
Ken
isn't this the same as liberals claiming that george bush stole their 401k's? you know, that virtual nest egg that was overvalued.
It's nothing new going on folks, just the market behaving as it always has as the nation pulls out of a recession.
DUH!!!!!!!
That's simply not true. QE has had a lot to do with how the market reacted since 2008.
It was part of the stimulus program. How folks perceived what it would or would not
do affected the market.
I'd really have been curious where the market would have gone without it from the
beginning. Because this spin that QE had nothing to do with SM rises and QE pull backs have
nothing to do with drops, is a myth of a myth of a myth
And a little birdie told me once unemployment is down to 6.5 - get your money out.
Just thought I'd pass that on
That's simply not true. QE has had a lot to do with how the market reacted since 2008.
It was part of the stimulus program. How folks perceived what it would or would not
do affected the market.
I'd really have been curious where the market would have gone without it from the
beginning. Because this spin that QE had nothing to do with SM rises and QE pull backs have
nothing to do with drops, is a myth of a myth of a myth
And a little birdie told me once unemployment is down to 6.5 - get your money out.
Just thought I'd pass that on
Um, the unemployment rate is ALREADY down to 6.5% - and LOWER. It's now 6.3% (hit that LAST MONTH) - and the S&P 500 hit an ALL TIME HIGH yesterday.
Any other worthless financial advice to offer?
Ken
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once unemployment is down to 6.5 - get your money out.
