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The stock market likes easy money, and money could not be easier or cheaper to borrow right now. The people pushing up the stock market are the Wall St. pro's who can belly up to the fed window and borrow all that nice cheap cash.
The housing market is dead. The jobs market is still cooling. I wouldn't give a rats-a$$ for the stock market being an accurate economic indicator.
The stock market has done well under Obama. The economy and the unemployment rate has not.
If Obama's socialist radical policies markedly cut unemployment, increased income, cut the deficits, and elevated the market, I would be a pro-Obama radical. Given record deficits, high unemployment, low personal incomes, and the spectre of increased interest rates, I am far from an Obama supporter. The thing that matters to me the most is the economy, and never has high spending socialistic policy been good for an economy.
I am pretty good at the market. Currently, I am 100% out after pulling in a 50% profit in the rebound. The problem with the market is that there is very little participation on the part of the individual investors and that the volume is low.
You put ALL of your money in the market now and let's see how you do in two years. I will wait again on the sidelines and buy again when you sell. My net worth doubled during the time of "the crash". How did you do?
The stock market has done well under Obama. The economy and the unemployment rate has not.
If Obama's socialist radical policies markedly cut unemployment, increased income, cut the deficits, and elevated the market, I would be a pro-Obama radical. Given record deficits, high unemployment, low personal incomes, and the spectre of increased interest rates, I am far from an Obama supporter. The thing that matters to me the most is the economy, and never has high spending socialistic policy been good for an economy.
I am pretty good at the market. Currently, I am 100% out after pulling in a 50% profit in the rebound. The problem with the market is that there is very little participation on the part of the individual investors and that the volume is low.
You put ALL of your money in the market now and let's see how you do in two years. I will wait again on the sidelines and buy again when you sell. My net worth doubled during the time of "the crash". How did you do?
I'm sorry weren't you the guy that said Social Security was belly up?
Then when called on it ran away?
What would somebody who actually believes SS is belly up know about investing? ......(Answer: Just enough to get slaughtered.)
Obama is bringing Socialism and he just took over 1/6th of the economy with his health care bill.
Business doesn't like socialims so that's why the market is down.
Get with the program.
Again, the market has risen on very light volume. Presumably, the market is a forward indicator of an expected return of prosperity. That will remain to be seen. Let's see how it unfolds.
Put your money where your mouth is and invest EVERYTHING in the market -NOW! Let's see how you do over the next two years.
It is just a bubble that will pop sonner or later. Probably sooner than later.
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