Posted on 02/03/2014 2:33:52 PM PST by FreeAtlanta
Stocks were battered on Monday, with investors fleeing equities after factory data cast a negative light on the economy.
Article Link: Stocks unravel after factory report
(Excerpt) Read more at cnbc.com ...
The “Mr. Conservative” graphic above is a bit dated...but fairly accurate, still.
DXD. Goes up when the Dow goes down.
I once lost my job the day after I emptied my savings account to buy a boat. No severance, nothing. I wound up living on the boat. Still do. Best thing that ever happened to me.
How is that unemployment rate derived? The clown admin claims it is under 7% - I know they LIE.
Little barry bastard boy is successful beyond his masters’ wildest dreams! He has increased the national debt (we pay his masters interest so we the people use our tax monies) and increased the dependency class, AND reduced employment dramatically. Yes, they are getting what they’re paying for. And he, the prince of lies, will retire to a government protect estate in Hawaii as a multi-millionaire beyond the reach of mere citizens.
Oh yeah, I forgot to add that the black people he and his racist minions have been exploiting will remain just as feckless as before he used them and tossed them aside for his retirement into avaricious living.
Glad it worked out for you.
lol Maybe Moochy isn’t getting enough credit if zero is hogging it all.
I received an e-mail with some references about the bond market bubble.
One was from David Stockman where he made his predictions last year. I remember seeing an interview with him on Varney where he spoke of a deflationary bubble.
The other two more recent, Doug Casey of Casey Research and Michael Maloney’s Hidden Secrets of Money.
I didn’t read the latter two, just that they were predicting collapse.
I would think all forms would be equally hurt because the collapse is at the monetary level, not at a particular bond.
Anther guy on Lou Dobbs tonight said there were buying opportunities due to the drop in the stock market by 10%.
Dobbs noted that some people were looking for a 20% drop.
The person who sent me the info is thinking of taking a cash position out of his IRA. Paying the tax instead of a bigger loss.
We should probably move this to a prepper’s forum:)
I am sorry. I lost mine in October, but was blessed to get a better one a little closer to home that I started in December.
I hope you have equal or better fortune.
Still mulling stuff over here.
Had a bite this AM for a new job.
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