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1 posted on 11/28/2012 11:00:24 AM PST by ExxonPatrolUs
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To: ExxonPatrolUs

I used to keep 95% in stocks.

I’m at my historic low of 50% stock / 50% cash and short bonds.

There’s nowhere in the world to make money with an optimistic outlook.

The whole world is pursuing horrible economic policy.

Until someone somewhere rejects Keynesianism, we’re all going to just feel lousy, earn no money, and be underemployed, and fight one another for scraps.

Democrats will love it, because Envy is their primary political tactic. Creating wealth is not their goal. Creating Envy is their goal.


2 posted on 11/28/2012 11:27:30 AM PST by Uncle Miltie (Working is for suckers.)
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To: ExxonPatrolUs

We are not coming back.


3 posted on 11/28/2012 11:36:34 AM PST by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: ExxonPatrolUs

I see PIMCO has taken a short position on the market and is trying to make sure they can cash in.


5 posted on 11/28/2012 12:02:54 PM PST by ksen
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To: ExxonPatrolUs
You posted the mobile link. Click here to see the regular rendition of the article.
7 posted on 11/28/2012 12:56:12 PM PST by cynwoody
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To: ExxonPatrolUs
Of course those with vested interests with keeping us in stocks (dumb retail investors) will always claim the stock market is the place to be. They need someone to distribute their shares to.

What I find stunning is the level of ambivalence the stock market has had for the terrible economic conditions worldwide. The market is trading like nothing is wrong in the world.

The idea that there is a mass of corporate cash reserves is another myth spouted by the Wall Street lackeys over at Fox Business News, CNBC and Bloomberg. If that were so why not funnel all those reserves into big dividend payouts?

9 posted on 11/28/2012 1:17:22 PM PST by Sam Gamgee (May God have mercy upon my enemies, because I won't. - Patton)
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