Coming to New York in a few hours....
Huge bubble right now in the market. Pumped up by zero % printed money.
So what’s causing this exactly...central banks playing around maybe?
don’t know what the @#$@#$ to do about 401k. think it’s time to move it to the sidelines. even commodities are slumping.
Bubble in the insurance world due to Obama Care as well.
Companies have been selling blocks of insureds between each other as an investment.
Similar to the subprime scam where debt owed to a company was listed as an asset.
Only way for it to possibly hurt us is if a plague breaks out.
Oh, wait, Obammy worked hard to bring Ebola here...
Don’t forget the lovely commercial real estate market. After the horrid performance of brick and mortar stores during the Christmas buying season...I sense...a disturbance...
Didn’t China’s market “crash” once last Fall as well, but quickly recovered? I’m not willing to proclaim “the sky is falling” just yet.
Of course, most of today’s market foundation is made of paper, but I think there is still plenty of falsehood up the left’s sleeve to float it for a little while longer.
There are no markets.
Dow down over 370