7 big worries about the economy

As stocks move higher, Wall Street's enthusiasm can be infectious. But average Americans still face a host of very real economic dangers.

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VIDEO ON MSN MONEY

239Comments
Mar 27, 2013 7:50PM
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Spot on!  Ask most small business owners and they are very wary of the current economic conditions and are reluctant to invest any more of THEIR OWN MONEY into their businesses.  Far too much uncertainty and way too much government (can you say Obamacare!).  Sorry, a correction in the market is coming and it could be as large as the last one....
Mar 27, 2013 8:00PM
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We´re in unchartered territory. In a bubble created by the Fed. It´s concentrating money in the hands of a few wealthy people like in no other time of the history. The poor are given a few crumbs and feel better for a short while, until inflation hits. The middle class with some savings get robbed on their face. it will all end with a systemic crisis and the worst meltdown ever seen.
Mar 27, 2013 8:23PM
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I think there are more than 7 worries. How many politicians are there? That number equals the number of worries with the economy.
Mar 27, 2013 11:54PM
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The BIGGEST worry should be what will happen to America if we
lose our status as world's reserve currency.  China is moving to
undermine us.  And Mr. Obama, by printing billions of dollars, is
playing right into their hands.

I have no faith that most Americans will wake up until bread and
milk is $20- apiece.
Mar 27, 2013 9:51PM
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Big worry I have is the constant decline of median wages.   Most do not have any spending money, thus no demand for goods and services.
Mar 27, 2013 9:04PM
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Thanks for destroying the economy, Obama, you clueless imbecile.
Mar 27, 2013 10:50PM
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In short -

 

National debt

Affordable Care Act

Security for business

Job security

Housing market (that cannot be sustained under above conditions)

Liberal social agenda

Feds reckless policies

Fudged numbers in unemployment and  jobs created (good paying secure jobs)

Continuing rise of Americans seeking aid

Ever increasing Foreign Aid

Ever increasing world tensions

 

Enough said (Good first four years Mr. President, we cannot sustain four more)

Mar 27, 2013 8:35PM
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Anthony, any educated person knows all what you wrote is true, however, no one does anything about it.

The "Rich" are smart, they are saving their cash for the next time the country is jacked up. I can't blame them for not spending.

Oh well, 51% of the country wants this apparently.

Mar 27, 2013 10:47PM
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Get ready....Bond Bubble, Stock bubble, Real Estate bubble, all about to set off the Hyper Inflation depression...the time bomb is ticking.....and it is getting close to the big collapse.......GET READY..!! Disability payments and 47M on food stamps and at an all time high...Real unemployment rate at 20% + , Real Negative growth this past Q4, Jobs shipped out , Manufacturing at it's lowest in 50 years, the shell game can not continue....much longer.....GET READY...!! GOLD kept in  check by shorts and avoiding panic, Banks felling the pressure as the ponzi scheme falls apart......and the BANKSTERS HAVE RESORTED TO STEALING THE MONEY STRAIGHT OUT OF THE SAVINGS ACCOUNTS....! FIRST YOUR GUNS NEXT YOUR PENSIONS AND FINALLY YOU ARE NEXT WITH FORCED VACCINES...RFID CHIP...DRONES...TOTAL ENSLAVEMENT.....GET READY...!
Mar 27, 2013 11:37PM
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Congratulations, Mr. Mirhaydari for having the courage and intelligence to write this article. I am surprised that MSN Money allowed you to publish it. Goodness aren't your superiors afraid something like this will sew the seeds of a revolution similar to revolutions history has recorded in the past? Have the Big Boys who are raking in huge profits from all the QE nonsense run out of infuen$e with the news media???
Mar 27, 2013 9:46PM
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The amercian people are surely very very stupid to think that any POL-LIE-TITION really cares what happens to them.  They pander to us for one reason and one reason only, and that is to give them power which in turn gives them more power and money, big money.  So when you hear a POL-LIE-TITION declare  ((  I am in it for the public good or to serve the public))))  really what hey mean is keep me in office, I will take the tax payers money and waste it on studying how ducks  Quack with their penis's and stuff the green stuff in my back pocket and screw you because you are to stupid to realize that that public good is not for you its for me.
Mar 28, 2013 6:49AM
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The Fed continues to prop up Wall Street with free money, while the consumer still struggles to make ends meet. This is so pathetic. Anyone who shops for groceries or buys gas and heating oil will tell you that things are way out of control. I would like to see the truckers in this country go on strike for a couple of weeks and shut this country down. These Wall Street Clowns need to be taken down as they are living in their own fantasy world. The rich are getting richer while the middle and poorer class of people are getting poorer and poorer. Wall Street is not going to continue to prosper if the consumer in this country is not. I have already cut back on spending because if we continue to spend, we are playing right into the hands of the Rich Wall Street Cartel. When Idiot Ben pills out the rug from underneath Wall Street, the big walls will come crashing down and I for one will welcome it.
Mar 27, 2013 7:55PM
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I thought that when the rich got all the money, they were going to create jobs for us all by buying luxury goods. What happened?
Mar 27, 2013 8:34PM
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Anthony... as a lender I can tell you that no portfolio is worth crap if there is no integrity to the security and collateral. Flat out... Bernanke inflated, but the demise of the markets is not only dated, there is no default for the free fall. Think about how complex the wrangling has been to this point. Turn it around and even the experts have no clue what to do. Failure is eminent if for no simpler reason than we have all run out of hope and don't trust ANY of the dopes in DC. You are good with numbers, data, stats and trends, but the fact is-- the key here is INTEGRITY. If it contains fiat or some portion of it was bought with fiat (thus inflating its value without integrity), it will evaporate, not drop or fail. There are now three types of currencies-- cash, debt contracts and derivatives. The prioritation order puts cash- last. If the two artificial currencies take precedent, what would happen to traditional investments: stocks, bonds and commodities? They go-- poof because the payout exceeds all combined integral monies in the world. You are smart. Are you smart enough to guess what could be bought with or without fiat and will be more valuable after the crash? It isn't anything crowded now by zombie investors. Think about it.
Mar 27, 2013 11:13PM
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What's happening here is just another form of slaver disguised with a sprinkle of freedoms here and there but at the end of the day everyone is a slave to the money.
Mar 28, 2013 2:00AM
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At some point the wealthy have to realize they can't keep redistributing wealth to themselves from the Middle Class and poor without creating a system where those classes can no longer buy the goods and services that maintain their wealth.
Mar 27, 2013 8:26PM
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Interesting how Anthony makes all of his comparative analyis based on the "pre-recession high". But unfortunately, as we now know, the pre-recession high was a mirage.  The housing market was a farce, bank financing was a con game, and (as Anthony noted) household debt was 130% of disposable income.  The pre-recession high was obviously artificial and entirely unsustainable.  To compare today's rather tepid economy seems a little ridiculous to me.  I don't want to go back to the pre-recession high, and I don't think comparisons between the two have much merit.

Mar 27, 2013 8:59PM
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Thanks Anthony, for predicting 200 of the last 2 corrections.  Now, go lay down and rest.
Mar 28, 2013 9:30AM
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  I wish I had unlimited interest free money to invest in the stock market like the TBTF banks with no consequences if I lose, thanks to Helicopter Ben and his magic Benny Bucks printing press working overtime. Instead, I face a meager savings account with virtually no interest and rising food, fuel and living expenses that outstrip my salary. On a related not, our local Fortune 500 company CEO recently announced that his compennsation for 2012 was over $16 million. Not bad for a guy who does nothing but sit around in a suit and look pretty all day, while he and his bean counters laid off hunderds of hard working people this year to make the company more 'profitable'. The old adage never rang truer: the rich get richer and the poor get poorer.

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