be careful, however.
the market goes “up” if the fed prints zillions of new dineros out of thin air... and gives them to the big banks...who are afraid to make most kinds of normal loans in the Obama Great Recession ... so they invest the fake $$$ into the stock market (hoping its liquidity will permit them to bail out of anything when it starts to go down again).
If you were a banker, you’d do pretty much the same thing right now.
But since so much of the “demand” is concentrated in the hands of just a few big-time institutions, it will only take decisions of a very few people to have that “demand” suddenly vaporize (and be replaced by large sell orders)
ok to make hay while the sun shines, but keep your jogging shoes on... be ever watchful...
hey, watch that crap around here! Don’t you know that it’s treason to say anything good about the economy unless a Bush is in power? Ideology has to trump reality or ‘they’ win’ (yes, laughing my ass off at the sky is falling all economic bad news is good news asshats).
It sounds as if “the 1%” is doing pretty good. I guess that #Occupy Wall Street thing didn’t work out the way the rich kids wanted it to. Mommy and Daddy are still bringing in the big bucks.
Have the figures been corrected for inflation? Now a question for the informed: I have heard that the Federal Government, or one of its offshoots, has been directly or indirectly supporting the stock market. Is that true, and if so how?
I got a sell signal just yesterday. My brother-in-law, who knows bupkis about investing, was dispensing advice on 401K’s. Now all I need is my brother, who has been 180 degrees wrong on EVERY top and bottom, to call and ask what stock to invest in.
Translation: The big institutional buyers would like to cash out and needs the general public as a bag holder when this turkey drops.
It seems, to a stock-market know-nothing like me, that the market is completely decoupled from reality.
My entire IRA is in money market funds and has been since the low point of 2009.
As a result, I missed out on the stock market recovery. I've never bought back in, because the conditions one would expect to be present for the stock market to climb have never been in evidence.
I fear that once I buy back in, reality will finally dawn on Wall Street and my already crashed IRA will crash even further.
I suck at investing.
Is our decoupled from reality, Fed supported market becoming similar to Zimbabwe’s ever soaring stock market-—the one were an average portfolio can purchase a few eggs?
Not to mention that many of us took two massive hits that have resulted in our totals being about n60% of what they were projected to be if the "bubbles" hadn't popped. I'm just gun-shy and afraid if I reengage, it will be for another slap down that I can't afford at my age.