Posted on 06/05/2009 6:13:30 AM PDT by MeneMeneTekelUpharsin
The economy as I read it is not doing very well and hasn't been doing well for quite some time. I've never seen the situation nationwide as bad as it is now. The vast majority of students I teach in school will not do quality work or will not do much work at all. And, I've seen that in every school in which I've taught for the past 16 years (8 schools in all). I've been hounded from one school to the other because of my conservative views and for pushing the children to do better. When I finally started scaling my program down and began to lay off of the kids, I began to fit in more and have been at one school for the longest of any of them.
My investing philosophy has been that things can not hold up from what I've read and from what I've seen in the work ethic. Knowledgeable investors here know that as a result of the "short" investing strategy I've lost my butt. Can some one explain to me how everything can be working on the wrong principles and the markets keep soaring up in this country? I simply do NOT understand how it is all happening. The market is a leading indicator. How in the world are we going to have a good economy when all of the wrong decisions are being made? Someone please take the time to explain it to me.
All I am seeing is that laziness and incompetence and immorality is being rewarded and I simply do NOT understand.
The markets, along with consumer confidence, have gone up because the sheeple are complying with the order from on high to be cheerful.
I’m hedging my bets and diversifying. Thankfully, we were pretty diversified when the market crashed, so we didn’t lose all. I’m leaving what’s left of my nest egg in the market, but we won’t put any more in. Everything we save now stays in cash until things look more stable.
The market is just plain nuts in a bear market rally. There are so many things wrong with this rally, I wouldn’t know where to begin.
It’s called “summer”.
The markets always go up, because consumer confidence goes up. People are on vacation, they’re spending more money, eating out more often, etc.
The sucker’s rally will end in the fall.
“I’m still wondering if Obama is one of them, or if he’s also a puppet.”
I have believed from the start George Soros is the real power behind this “administration.”
Companies are still doing business with each other and so their individual stocks (predictors of the future) can go up and therefore the whole market can go up.
But we’re functioning on borrowed money and under increasingly non-capitalistic rules and so in the long run a great number of those currently optimistic stock values (predictions) will fall dramatically because the underlying debt and profit-hostile environment (such as punitive taxation) will undermine everything.
“I think the market is being manipulated, and the crash was due to manipulation, too.”
I absolutely agree. I think the crash was engineered by Soros and the libs as added insurance to get Odumba elected. I see no reason for the market to go up except as someone mentioned they are betting on inflation.
Where would anyone be putting their investments today? I’m just shooting in the dark hoping I’ll hit something.
I split my 401K fund late last year to 1/3 gold mining stocks, 1/3 stocks and 1/3 cash. In 2009 I’ve recovered 25% of my total losses from my high water mark.
Still down 40% from November 2007.
If this occurs you will see a historic rally back to Dow 14,000 and beyond. I believe the current rally is a foreshadow of this very scenario.
The irrational belief that the worst is behind us.
It’s bubblizing again.
Or it’s where much inflation has—for the time—migrated to.
Now, why is the market recovering despite Obama's socialistic messages? Because he's resorting to Bush policies. For example, the fear is dissipating that we are going to fail in Iraq-Afganistan because Zero is following Bush.
ALSO (and this is a big one) most are predicting that cap and trade will NOT pass. In addition, universal health care is looking very shaky. If these 2 humongous things don't happen, we could very well be on our way to recovery even though at the moment jobless rates are going up.
Stock investors look ahead (they're a leading indicator like you said). If Obama isn't getting his way on his biggest domestic socialist polices investors know recovery is ahead. So the market is now very cautiously looking at that. We will see major advances if these domestic efforts definitively fall apart.
It’s taken awhile for the positive effect of W’s retirement to kick in.
” Everything we save now stays in cash until things look more stable....”
...yep, that’s what’s going on in our house too.
Has anyone consider it may be the value of US Dollar and the administrations banned word INFLATION. The value of US Dollar has decrease and precious metals are zooming. Sounds like China is calling our bluff.
“Still down 40% from November 2007.”
....same here and we’re sick over it....I had conservative stocks too...like GE and Wachovia....I can’t believe what happened.
Money has to go somewhere and history shows us that when you get in at a bottom, you can make a lot of money if you hold tight. A lot of investors don’t want to be left behind.
Most investors do it via mutual funds and retirement accounts - and the fund managers voted for Obama. They actually believe it is going to all get better, so they are investing other peoples’ funds...
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