[txrefugee]

The market numbers have nothing to do with Obama’s Depression that rages on. Brokers buy and sell stock to each other. They are paid for each transaction, so the more they churn the stocks, the more they make in commissions. It’s the old S & L scam of the 70s redux.

[bitterohiogunclinger]

There are trillions of dollars on the sidelines waiting for Obama to be gone. Where else can one put money when interest rates pay less than the rate of inflation and the fedguv is devaluing currency faster than the ink dries?
The stock market soared during the Klintoon years too. It was great if you got out before it tanked.

[the invisib1e hand]

The market numbers have nothing to do with Obama’s Depression that rages on. Brokers buy and sell stock to each other. They are paid for each transaction, so the more they churn the stocks, the more they make in commissions. It’s the old S & L scam of the 70s redux.

Can you explain this?