[Chgogal]

I dvr’d Varney today (haven't done that in a while). There was this guy on (Dent was his name). He feels strongly about a huge correction to take place about 2016. He's basing his predictions on demographics.

I think there will be a big correction come the later half of 2015 because of ObamaCare. Public companies have a fiduciary responsibility to minimize costs. Dumping people on the ObamaCare Exchange and paying a $2,000 penalty/employee is cheaper than keeping them on the companies’ health care insurance rolls. From what I can tell ObamaCare ain't cheap. Considering that about 70% of the US economy is supported by consumer spending, we are in for a pretty nasty dip. And don't forget ObamaCare's definition of full time! That's going hurt as well.

[Red in Blue PA]

Anyone who claims they can see farther out than 3 months is lying. Nobody can do it today, nor will they be able to in 100 years.