You still believe the market is a direct reflection of the market and that the monetary and fiscal policies we are currently engaged in are not having the effect of driving money into the market since interest bearing securities and investments are returning squat? Are you really ignorant of such matters?
Again today, it looks like a double top and will sell off. It wasn't moved by solid economics like the last time years ago. So that means the economy is still bad, and President Obama and Democrats may be to blame for hampering the Business community with higher taxes and more regulatory burdens.
When you confused these 30 stocks in the DJI with "the economy" Point being the market has nothing to do with actions of the POTUS, moreso the Fed and their ongoing $85 Billion quantitative easing project they are pumping out. This will continue until unemployment gets better and why the market has been rallying. The economy as a whole is a direct reflection of 4 years of Obama's economic policies. You seem to blur the two distinctions between 30 stocks and the economy in order to create some point that doesn't exist.
You must have me confused with someone else. Feel free to quote my post if you claim I did that. No one would invest in the stock market if they thought the economy was going to tank. You must have me confused with someone else.
1st off any moron that believes the economy is improving is just that, a complete and utter moron, we just had a ¼ of negative GDP, unemployment went up and everyone but the clueless understands that today’s business climate is be lean and mean and get double the productivity out of every employee. Lately I have been working at inner city hospitals in and around Chicago I am yet to meet a director with less than 2 titles. My wife took on a new unit 1 year ago which doubled the people she was in charge of, yesterday they just gave her a third unit which quadrupled the amount of people she was in charge of when she took the original position in 2009. Fact is these directors positions have historically been held by 1 person and pay 80 to 120,000 a year, now unlike anytime I have ever encountered in my life those positions normally covered by a dedicated director are now forced to direct multiple units saving these hospitals 100’s of thousands of dollars a year. Now to address your complete ignorance of the stock market, you best look at who’s buying stock and why, better yet who is selling stock and why. Right now inside traders are selling at an unprecedented clip that should trigger a lot of thought for today’s investor, but I digress you’re never going to grasp it, so let’s just move on and you can remember I told you this, when Obama care kicks in with all its taxes on trading and investment we will see a crash near or worse than we seen in 2008.
I'm certainly not the one who drove the stock market to 14,000. You'll have to address your posts to the morons who did that. So you are predicting a market crash when exactly? Just so I can remember what you're claiming.
That didn't last. VZ, IBM, T, MRK, WMT, GE, JPM, JNJ, and many others. Taking all their earnings and moving it into US Treasuries.
You must have me confused with someone else. I've never confused the DJI with the economy. You could be right. These "experts" disagree with you, however. You seem to confuse me with someone else. Probably the folks I cited above.
What's wrong with you, you said this already. How is what you said today different then What you said 2 days ago?
I mean this in all sincerity. You really need to get a life. Your addiction to this site is making you look like someone wed to complete nonsense. Life is to short for what you have immersed yourself in. Get away from this.
Maybe you should take some personal responsibility for your own recent failure. Isn't that what cons are always lecturing to poor folks?
Context is everything...which for some reason is very difficult for the left to understand. Without context, your post is gibberish.
Gibberish is the positions we see from our conservatives friends, blaming Obama for anything negative and then saying anything positive has nothing to do with him.
It wasn't propped up by good economic fundamental data, because capitalism is taking a beating under the socialist administration. If you watch CNBC , they said this was "Dumb Money"
Inside Trading is illegal, if we know their selling off before the market sells off then that should mean the market is corrupt.
Dow closes above 14,000 today. It bounced along the 14,000 ceiling for a few days (problem due in part to programmic trading) but busted through to day. Next benchmark, a new all time high? We shall see.
The market will continue to go up as long as Bernanke continues to keep interest rates low. But Bernanke is keeping interest rates low because he believes unemployment will continue at about the same rate. The point is that equities are divorced from employment for working men and women.
Great. Go Ben go. A higher stock market will make many feel wealthier and more likely to spend money, hopefully stimulating stronger growth.
