The crash of '08 had everything to do with Obama and hardly anything to do with Bush.
This is not about the stock market going up. It isnt going up. Thats a delusion created by the Fed. This whole phony economy the Fed has constructed with cheap money is going to come toppling down. But the reality is we have to kill this phony economy because its unsustainable. We need to replace it with a viable one but unfortunately to do that theres a lot of short-term pain because weve got to unwind this bubble, and the Fed doesnt want that to happen.
It’s just inflation at work. Why wouldn’t the price of stocks go up just like everything else?
Returns on bonds are pathetically low, so they put the money into the stock market. For some, if they don’t play the game (i.e. invest) they don’t get to collect fees.
People who already needed the money have sold to get the money have done so. Buyers now are seeking a hedge against inflation in the form of stocks that increase in value if there is inflation or inflate both in valuation and dividends with hyperinflation.
... Because the US is the “best of the worst” places to invest. EU and BRIC’s are a mess.
Qualitative easing and government loans here and in Europe drive the markets. Just the promise of support will send the market soaring out of a slump.
My opinion is that a lot of investors are doing the only thing they know how to do, and there is little or no economic reason behind it. What made the markets drop for several days, and what made it shoot back up? Greece disappointed the market, and the Fed made promises, like a drug addict and his pusher. ...Don’t look now, but the Ayn Rand disciples in the market morphed into fascist as soon as their corruption caught up to them.
The markets have been decoupled from economic reality since 2008.
The worse things get, the more likely we are to be rid of Obama in the fall.....
It’s European money trying to get out of the 75% tax bracket.
Quick hits
Every one percentage point drop in Obama’s standing in the polls equals a 5 percent increase of the Dow and 10 percent on Nasdaq. Take it to the bank.