Or not.
STOCK MARKET BOOM: Here's Why This Bull Market Could Continue For Years
STOCK MARKET BOOM: Here's Why This Bull Market Could Continue For Years
Do you actually believe this? DOW getting up to somewhere around 20,000? I mean this is patently foolish. We’ve just now come to gaining back losses in the DOW since 2008 when it was at its high then. Imagine...5 years to make back what you had...that’s some real value fella!
And, this is with the US Government printing up billions of dollars each month buying up STOCKS and BONDS to prop up the imaginary healthy picture. You go buy a buttload of stocks now...I’m SURE you’ll reap the rewards....
you really think they’re gonna let that happen? there was a story in the times this morning decrying high corporate profits and a rallying market while job creation is listless and household income is down.
I took that to be the first salvo in a broader attack on “the rich”, which will soon turn out to be most of us — not because we many of us are going to genuinely get rich, but because the obamites will define it down.
I could spend 30 minutes on google and post a story telling us be prepared for the greatest boom in history, be prepareed for the greatest crash in history, be prepared for 20 years of a flat market, and every shade of prediction in between.
What would the point of that be?
IMO, inflation is a big driver behind recent market gains as well.
I could be wrong, of course.
No shit Sherlock !
And just how are stocks going to the moon when the boy socialist is taking all that money that could be invested and flushing it for big government? Get real!
The more they prop this stock market up the harder it’s going to collapse. And it will collapse.
Obama Won’t Finish his Second Term Without the Bottom Dropping Out.
Peter Schiff
” Investors are oblivious ...USD collapse...spike in interest rates...economic foundation of cheap money collapses...obama won`t finish his second term without the bottom dropping out.”
http://www.youtube.com/watch?v=JSWzgIBU5v0
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“Boosh’s fault!!!”
Bullshit! The stock market is being artifically proped up by the obama administration.
“I could be wrong, of course”. Nice of him to add that.
Problem is, the "E" part is often pure accounting fiction these days, so the market's real P/E could be more like 100.
Steve Sjuggerud has not just swilled down gallons of the purple Kool-Aid. He’s swimming in a tank of it and absorbing it through his skin.
In the game of economic prognostication I am firmly entrenched in the glass half empty mindset. Good luck with the guess to whoever wrote this...
of course it could. Zimbabwe’s skyrocketed during hyperinflation, I guess it could happen here too
OR....... it could crash......