Are stocks in for a sea change?
Bond yields will begin to rise as the economy improves, destroying bond values and ushering in a nasty bear market.
As I write this, stocks are up 187% from the depths of the crisis-panicked stock market of March 2009, and this year stocks are already up 24%.
It’s been a banner year except for those holding bonds. The 30-year Treasury, by contrast, is down 11% from January 2013.
today takes us that much closer to the yellen coronation, a day that will live in infamy. greenspan, bernanke and yellen - three successive dupes of the ultra-rich and big banks have been blessed by their legion of hired puppets in congress.
yellen and the coronation committee looked exactly like the three monkeys today: they see no asset bubbles (farmland at record highs, art selling in the hundreds of millions, stocks at all-time highs), they hear no evil (they believe that investors are "beginning" to look for yield by chasing high-yield bonds and dividends), and they will speak no evil (no end in sight for the QE infinity program).
the "race to the bottom" is on now, and all of the global central bankers have taken the bit. who can debase and devalue their currency the quickest? japan has the early lead, but many others are close behind and others will have to do extra just to catch up to the leaders in this foul, perverted competition..
we are ruining our credit our great nation and the future for our children and future generations, and in 2014-2015 this will all end in ignominy and perdition ....
His money flood helped save our financial system.
Sure. The Wall Street "capitalists" who are really lazy, welfare, freeloading leeches, have become 4 times richer since 2008 because of his hand-outs, and 50% of the middle class American people are still stupid to keep believing in capitalism. Capitalism has destroyed the middle class, and America in general, and these stupid middle class "capitalists" deserve they get,.. layoffs, outsourcing,etc.
Socialism is the way out for the middle class.
You cannot have Capitalism, and your job at the same time. Choose.
If you say you are a capitalist, and you lose your job, then you should be happy, since losing your job is part of capitalism.
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The company complains after the son of Florida State's football coach is televised wearing -- gasp -- Under Armour.
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