Dow 8000?
- Thread starter bat1
- Start date
You need to look at earnings of everyone, not just AAPL. Earnings today and the past few days have been good.
Corporations are sitting on $2 trillion of cash.
GS gave a recommendation of "stay fully invested".
In November, the Republicans are expected to make a decent comeback. Even if they don't take the House & Senate, their numbers will be sufficient for gridlock. Look at what it took to get an extension on unemployment benefits.
You can't just read the doom and gloomers. You have to read the other case also. From what I've read, the economy will be flat from here.
You need to look at earnings of everyone, not just AAPL. Earnings today and the past few days have been good.
Earnings are a lagging indicator
Corporations are sitting on $2 trillion of cash.
Only fanning the flames of dis-inflation
GS gave a recommendation of "stay fully invested".
GS wants to short your stocks, they hate you
In November, the Republicans are expected to make a decent comeback. Even if they don't take the House & Senate, their numbers will be sufficient for gridlock. Look at what it took to get an extension on unemployment benefits.
Republican agendas will be more austere than the Dems, keep this in mind
You can't just read the doom and gloomers. You have to read the other case also. From what I've read, the economy will be flat from here.
What you've "read" was "written" by the same motley crew of incompetent economists that didn't see any of the prior recessions until they were 3 months hence.
Here's the skinny:
Global economy is coming off of the stimulus-fueled crack rush of 2009-early 2010.
Another round of stimulus is what the junkie wants, but will the junkie get it? This....is....the....question.
Housing market still bleeding, post-op.
Bond yields whispering bad things.
Persistent U-Level will take many years to correct, and the job re-creation cycles have been getting longer and longer since the 80's.
Only shot at keeping us out of the other bar-ditch is Q.E. V.2.
The PE ratio of the S&P 500 is below normal and therefore, attractive.
Some dis-inflation is good for the economy and stock market.
GS is the good guys, the government hates us
Austere and fiscal responsibility is good. Obama needs to learn from the British, German, French, and Spaniards leadership. Their stock markets love their leadership.
I do not listen to incompetence and neither should you.
I'm more worried about the massive tax hikes of 2011, plus the health care crap.
The US economy has yet to go into a recession with a positive yield curve, which we currently have.
Two different sources believe we rally to mid-August, then we drop.
http://www.tradeyourwayout.com/
http://seekingalpha.com/article/197...s-and-trades-investor-s-roadmap-for-2010-2011