Posted on 02/06/2018 5:12:14 AM PST by Wolfie
I saw a video on the internet of a Eagles fan who claimed to have cashed in his 401K to go to the Superbowl. Now he looks like a genius for selling at the peak. And the Eagles won.
“Pin Dick Trump”?
Dangerous, Trump just might call a presser to expose himself to prove he’s not.
General:
I believe you have well spoken. I have heard before, “the economy is sound, the fundamentals are good”. We did not move into the shoeshine boy hysteria.
What is not considered by most angry people like Denn. is that the economy has been artificially penned up for nearly a decade. QE did raise the market but the growth was lackluster not based on much but moving fake money into the market. That dried up for nearly two years before the election when we saw our gains go to just about nothing. Before that much of the gain was just the very long recovery from 2008.
My concern about hiring is that there are not enough qualified youngsters to hire. Competition for these youngsters will cause wage inflation. Some of it because there has been so little wage growth for so many years.
Well said I think and I throw in yet another positive vote for Thorium which could change the future more than just about anything else for the nation that leads the way in this energy source.
You asked what happened to flying cars? That promise has been around for all of my seven decades.
I’ll ask, what became of the glowing outlook of not much more than a week ago? Has the outlook for the economy changed? Are people not going back to work? Are wages not rising? Is capital not coming back to the country? Are corporations large and small not looking forward to a windfall of tax reduction making us competitive with the rest of the world on that basis alone? Is that windfall going to be spent on improvements, dividends and stock buy backs? Something has to happen to it. Shareholders will demand that it not just sit in the treasury.
What has changed in the last week to cause this reduction in confidence in the market? Why did it take place the very week of the FISA memo, the DACA defeat, Yellen’s remarks, etc.?
I have never believed in coincidence. All things happen for real or created reasons.
Nothing happens by coincidence does it?
See my post #24 on this thread.
This clown is a 2 time Obozo voter and undoubtedly a Hitlery voter.
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