How can it be going up on such awful news? That alone makes it suspect. I think it is a big scam.
I think the unduly and overly optimistic stock market is in a bubble which is going to burst.
I think a major correction is way overdue and that correction could be as much as 500 or 600 points in one day.
It is really hard to know where to put your money - cash earns nothing and I am not confident in the market, although I have money in both.
Considering how much new money has been and is being “printed” the market should keep going up.
Bookmark
“restoring confidence...”
There’s a reason con-men are called con-men.
The market by it’s nature is manipulated and has always been. The big boys look out at the future economic picture and then proceed to go thru their accumulation/markup/distribution routine. That’s why the market gets out of whack.
There’s a number of reasons the market’s going up, not the least being Bernanke’s Magical Money Making Machine running at full capacity. I’m seeing small cracks though starting to develop. I think we’re making the last big rush to the top to suck the public in so the pros can unload, and then the crash.
Just as a statistical matter, busts always occur after booms. Why don’t these geniuses tell us when it’ll happen? I’ll sell short!
Didn’t want you to miss this, ping!
Where do I put my money ping.
Fear a crash when everyone is bullish.
Is it possible for Turbo Tim to prop up the market, while real investors are taking the money and running. We know this admin thinks taxpayers money is to be used for their personal political scams. Can they get by with such behaviour.
yah, well hold this thought: This summer the Federal Reserve is going to have to discontinue QE-2, and from that point to the end of the year we will get a peek at the true condition of the American economy.
It will be like kicking the crutches from a guy not with casts on his legs, but with the legs amputated above the knee...
sfl
OK, so 75% (up from 68%) of high net worth individuals think there is a 10% or greater chance that there will be 'Catastrophic' stock market crash in the next 6 months.
Isn't that the same as saying 75% of high net worth indivuals think there is nearly a 90% that there will NOT be a 'Catastrophic' stock market crash?
The markets see the fact it is the democrats of these state legislatures who are on the run. It’s the Republicans who control an overwhelming majority of state legislatures and to a lesser extent, governor’s offices now. The markets are pleased to see the republican state leadership follow through on their promise. Remember, its the democrats who are running away in Wisconsin. They know what’s coming. It’s only a matter of time. That’s my take. If the republican majorities in the state houses go soft, at some point the markets will crash.