Posted on 08/02/2009 6:17:25 AM PDT by Notary Sojac
At some point there will be an inflation run-up and ZerO will claim it is as success. The truth being that we will be standing still or moving down.
What we are seeing is that companies can be profitable with fewer workers. The solution will be to fund workers with those profits by socializing corporations. Proper planing can give everyone a job, unless, you didn’t vote Fascicrat. Bigger corporations are easier to control, ask the Nazis.
The Dow is up 25% from its low of 6500, while, the current market is down 35% from it peak and down 55% at its low. Some perceive 25% to be good when looking up from the low, but, getting back to the high requires 110%. Is being only one quarter back really good? DumbO says yes. I see nothing reflecting optimism into the future.
Loss can only be 100%, while, gain is open ended.
I for one happen to like what I see in my stock portfolio. FREEPERS are never happy.
Year to date the US market is flat for the year, while China, Brazil, Russia, and countless others are up 30-60% for the year. Hussein has added trillions in debt, unemployment has skyrocketed, and the dollar is crashing. The deficit is so high, the day China announces no more treasury debt purchase, the US will be crushed like a third World country. With trillions more to be lost with Cap and Tax and national health care, and pending tax increases as far as the eye can see, there’s little chance of any sustainable recovery. We are teetering on a tight rope, and Larry’s cheering.
That does not change the realities of the economy as a whole.
These days I look at prices in terms of ounces of gold.
Larry Kudlow is the biggest blowhard on TV. I’m not arguing with his content, only that he has the most annoying presence ever.
A brief sunny summer of light trading followed by a long, dark, stormy fall.
20 year cycles seem to be the pattern...if so we could be heading into a prolonged slump. And if that happens now, it's a bigger problem than previous because we have massive debt and more global competition.
You were making a lot of sense up to this point. Now your post just seems asinine.
Ever heard of short selling?
>>>Larry Kudlow is the biggest blowhard on TV. I’m not arguing with his content, only that he has the most annoying presence ever.
More so than Cramer?
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