US industrial production plunges 1.2 percent, the wealth gap widens, the lower class grows, median incomes shrink, inflation jumps, oil continues to rise and the U.S. is now in 7th place in Global Competitiveness. So, exactly why is the stock market rising? http://www.politicalforum.com/curre...ndustrial-production-plunged-1-2-percent.html http://www.politicalforum.com/curre...ws-median-income-shrinks-inflation-jumps.html http://www.politicalforum.com/curre...lace-global-competitiveness-thanks-obama.html Oil Rises to $100 for First Time in Four Months on Fed
Because the stock market does not represent the current economic situation but rather how the investors anticipate it will be in a couple of years. And there ARE signs that things are getting better. For example, unemployment is falling. http://data.bls.gov/timeseries/LNS14000000
That is a load of speculative crap. The stock market responds positively to pumping because the pumping decreases the bond yield and drives more investment dollars into stocks. Its well known by anyone who even remotely tries to understand investing.
Lots of money printing always does that... Look at the real indicators of the economy and realize the DJ isn't really where its at...
Barack Obama's Crony Capitalism.... that's why. Bernake and Barack Obama are paying off the 1% [video=youtube_share;3A_q831Ldrs]http://youtu.be/3A_q831Ldrs[/video]
Only if you completely ignore the millions who no longer collect unemployment and have stopped looking for work. Otherwise, you are right.
Because another bailout for corporations to subsidize the destruction of the consumer class was just announced, by kicking the ball down the road further.
Well something has to explain how truth destroys consent to stupidity, that sounds good enough, thanks...
Printing more money devalues the dollar. The stock market average is based on dollars versus real assets, those assets being companies and their ability to create dividends for their investors. The true value of those companies is falling at a slower rate than the dollar, creating an illusion that the stock market is doing well. Smoke and mirrors.
Yep. Bernanke is trying to drag Obama across the finish line to re-election by giving us a little sugar high. QE3 Sugar High The sugar crash comes later.
Don't worry, the media hasn't gotten a hold of this, they will enlighten us on how this is great... Have faith brother!!! If we can't trust the media who can we trust????
Well, there is QE3 too and I agree that bonds are useless right now. But I still believe the global economy is slowly improving. What remains to be seen is if USA can reduce it's debt in the comming boom years. If it does not, it will really, genuinely go bankrupt the next time the bubble bursts. I have my doubts. Since WWII, every president has just passed the problem on to the next one.
Simple math. The value of the Dollar is falling like a stone. The value of stocks are not falling as fast, thus the Price rises.
You are partly right. The reason the stocks are rising is all the increased liquidity to the banks and wall street and they are gambling with it. Thus the rise in equities and commodities.
