Skip to comments.Let's All Embrace the V-Shaped Recovery
Posted on 04/11/2010 4:13:41 AM PDT by expat_panama
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Alot of money is being made in the market.
Don’t let your politics keep you out.
Obama sucks but the American economy is recovering.
what is he smoking?
All that is happening is money tinkering. Nothing fundamental is improving. Government is still becoming more invasive, taxes are increasing, energy and mineral production are still being handcuffed, and market forces are increasingly being hampered by central control. The model for this economy is Japan, which also saw teasing semblances of recovery, only to be disappointed with continuous malaise. Is the US any more special that it deserves some magical dispensation from economic law?
Besides being a market cheerleader, Kudlow also is a grating blowhard. His style makes me change the channel.
‘The numbers are the numbers’
And millions are still unemployed and 400,000 a month still losing jobs. Government is doing great.
Average Joe’s, not so much. the numbers are the numbers....
While America was down on bended knee, Obama kicked her and raped her.
Actually, if you go to Yahoo Finance and click on the economic indicators data link you’ll find about 10 different data measurements that show an improving economy.
Now..tell me about VOLUME and who's making it...it aint us!
(Pssst...HINT: GS... do youre own DD)
Of course, the business cycle is pulling indicators up. That is what occurs naturally as panic subsides and people with money begin opening their wallets, and as the federal government force feeds borrowed money into the system. It happens with even the cruddiest economies. So what, though? Individual spendthrifts go on spending binges again once a new source of borrowed money is given to them, too. That masks the underlying problem, not cure it. I listed the megatrends that are killing this country, and all Obama has done is to exacerbate them.
The business climate in this country is not healthy and getting worse. A little zig upwards from the bottom doesn’t change the deteriorating fundamentals.
Are those numbers seasonally-adjusted? Are we looking at people spending their income tax refunds or broader demand?
You’re right the retail investor is not in,,,I, myself still have my entire 401k in cash....I got out at 13,800 and I’m conservative with that 50 percent savings I got from not staying in.
But institutional investors are buying and eventually the retail will get in, driving the market higher.
That's not hard to find. I'd be willing to look into it with you if it would help your understanding. In fact, I'd enjoy checking this out with you but you really need to tell me where you're coming from. You must have noticed on this thread that most people have made their final conclusions long before they ever begin checking the facts. ;-)
Simply put I just want to be able to understand the data, what it is and how it should be interpreted. The reason I ask is that much of the data doesn’t seem to add up...in the BLS report, hourly wages had gone down, but somehow spending is up. It didn’t make sense to me unless you figure in income-tax refunds which would be seasonal.
Not worthless yet, but possibly so if we default.
Do you have a reading comprehension problem?
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