10 big worries about this market
The rally that started the year has stalled a bit, but optimism is still running way too hot. I think it's time to take profits, but here's what to watch if you dare to play on.
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I'm not convinced that any of our elected officials in Washington really give a d _ _n about our economy. After all, it is the politicians that screwed-up our economy in the first place, not you and me. So lets look at our 535 Reps, 100 Senators and our President.. After one term in office (3 for Reps), all 636 of them can retire at full salary and all the health care they or their families will ever need. And, whenever they choose, they can raise their own pay. Talk about the fox guarding the hen house.
So, are they worried about the mess they made of our economy? No, not at all. They have adopted the attitude of my boyhood idol, Alfred E.. Newman: "what, me worry?".
We need a Balanced Budget Amendment and TERM LIMITS!
Yeh, I'm out.
Got yield; love re-investing the div's (a compounding thing, you know...)
I love the PO too (assuming that's your names inference a few posts up...)
Anthony M. didn't shill for his news-letter, or tout his 3x short picks; a refreshing change.
I agree; this market has run a lot further than it deserved.
Hold on for a very rough 2013, folks.
Best of luck to all...
There's one thing I can be positive about. Even after 2 weeks are over, Boehner and Reed will still hate each other's guts, and be inclined to want to do anything possible to stone wall each other. And if either of them do decide to negotiate, you'll have the die hards in the House and Senate who will be inclined to prevent that from happening.
I mean it wasn't all that long ago that we started hearing 4 letter expliatives on the Congressional floor, as Congress people's were using the sort of language our parents would have washed our mouths out with soap for, right within the parliments of power. One really thinks they're just going to up and decide to play nice one day? That does seem like wishful thinking...
Bankruptcy has some very good results.
1. We get rid of the debt. We will have to go on the gold standard so money has value.
2. We get rid of corrupt, incompetent, crony capitalism and obsolete management. (The president, congress and the fed.)
3. There will be a reevaluation of the assets. We will have the biggest wealth transfer in history.
4. Than we can build an economy that is very competitive in world wide free trade market. Improve our democracy and freedom by taking power away from government. Final consumption taxation. The American people themselves decide what they will buy through government.This Ponzi scam will end soon so let’s get on with the bankruptcy.
I agree with Victim of the Times.
I also know as I've said before that huge amounts of money are pouring into American markets from around the world looking for a safe haven.
Also, how about the Russian Maffia, the North Korean Maffia, the Chinese Mafia, the Mexican drug lords and the Colombian drug lords?
Where do you think they launder their illegal money to?
Ah . . . I'm thinking . . .
Johnson & Johnson
Procter & Gamble
I'm thinking this list is also applicable to good-looking American topless dancers who don't report all their cash tips to Uncle Sam.
Nope, it's all about what level of greed ya need. I learnt the last game,I can be a he!! of a lot less greedier and a he!! of a lot more happier!
The natural instinct is to throw in the towel---Yal it IS NOT THE TIME TO QUIT.
We need to unify, not like Tea Partiers, we can't gut the system in one cut. There needs to be some respect for commonsense. Yet, that is the very problem, each group (left & Right politicians) have their brand of commonsense. Neither are close to the will of the people; the people who are their constituents. The very constiutents that buy the "schmill" from THEIR Congressman, THEIR Senator; so, we the people re-elect at a rate of 85% of all incumbents. Until WE THE PEOPLE (I guess) decide that sending back the same old Politiker---we will continue to get the SAME OLE Result!!
I challenge each of us, do one political thing each day at a minimum weekly; send a facebook to encourage others, send a message to Washington; email, tweet;call; tell them to act --Enough of your self serving agenda, Do what is right of Americans!!
God Bless America, God Bless mine and your Children and Grandchildren, God Bless my Faith God Bless us all to hold strong in these troubled times!
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[BRIEFING.COM] Equity indices remain near their recent levels with the S&P 500 (-0.1%) hovering below its flat line.
Countercyclical sectors displayed early strength, but two of those groups have since slipped behind the broader market. Telecom services (-0.5%) and utilities (-0.5%) are now among the laggards, while consumer staples (unch) and health care (+0.1%) trade a bit ahead of the S&P 500.
Meanwhile, the six cyclical sectors trade mostly lower with energy (-0.8%) ... More
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