Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.
Where is the head up his ass man?
because the Federal Reserve and their buddies Goldman Sachs, Morgan Stanley, Merrill Lynch, JPMorgan Chase and other Wall Street heavyweights are propping the market up.
Yes, they are, and don't call me Shirley.
Obama Adviser’s Green Manifesto: Americans Will Be Better Off When They Work, Produce and Earn Less
http://www.humanevents.com/article.php?id=38359
“Bear rally”, mark my words!
They are sucking the little guys in and when they are ready they will pull their money and crash the system. They will then buy everything on the cheap!
Same reason that gas was mysteriously $4+ @ gallon just sixty days out of the election.
It’s all BULLSH*T!
Of course, dear friends, what we are witnessing is the next bubble. Corporations will rack up massive amounts of cash through the dual mechanisms of being able to float bonds and ridiculously low rates and by continuing to cut expenses and not replace workers. They're already sitting on nearly 2 trillion in cash and that is going to just keep going up and up and up ... until the bubble bursts.
How does the bubble burst? Not entirely sure, one never knows about bubbles. It can play out so many dangerous ways. Maybe the economy really does start to pick up, then all those corporations try to spend all that cash at once, causing hyperinflation. That wipes out all the schmucks who bought that corporate debt at ridiculously low interest rates, so the entire bond market crashes and credit dries up. The big companies are sitting on their hoards but the smaller companies who provide most of the jobs don't have access to the bond markets, do they?
Or maybe we fall into massive deflation. Then those ridiculously low rates don't look so ridiculous anymore because the bond holders will in effect be paid back with money that has *more* buying power than what they lent. Now its the borrowers who have the raw deal...
The fact is, the quantitative easing doesn't solve anything, it just causes a bubble to appear somewhere else in the economy, with even more detrimental results when that bubble inevitably bursts.
We may have some corrections, but why would people sell off if they expect Obama's programs to be checked?
I think part of it has to do with productivity: reluctant to hire, businesses are finding that employees are working harder. The market likes productivity.
The markets will do whatever they have to to fake out the majority then take their money.....
expecting a dive this month...
It doesn’t matter until it matters.
Short answer: man’s mind has become unhinged.
Because of Quantitative Easing Part II
The market goes up because it was down, and goes down because it was up. 10 years from now it will be at 10K on the DOW, even if it hits 15K and 7K in between.
The markets are going up because things will change in November. And earnings look pretty good, for the most part.
Bubble bubble toil and trouble.