Link to NY TIMES ARTICLE
Selling the news. LOTS of hype last week leading to todays RIMM unveiling of their "iphone killer".....stock steadily rose.....phone gets intro today....stock off $1.45
Let's get something straight, most avg Joes are gone from the market, some for a lifetime, many not only NOT adding to 401K's but trying to take money OUT!
No proof business are hiring much, no proof housing is ready to rise from the dust. Banks still don't recognize the losses but DO scrutinize anyone wanting a loan.....add to that loan demand is down.
So everyone is trying to do business with the government, the government is spending like no tomorrow.....where is the funding for $1.5 TRILLION deficits coming from?
WHY are 10 year notes near 2.9% ???? WHY are people still talking about inflation? HOW ABOUT $82.35 OIL and a U S$ still falling now 80.58 !!
Read the credit bubble report I just posted the link for..... what will happen to the stock market if the economic data continues to come in LIGHT?
WILL businesses this far into STIMULUS FED recovery all of a sudden....hire like no tomorrow?
Recovery from a debt bubble hangover will take much longer than most consider.....oh there's business out there......just a lot less than there used to be and THAT was FED by EASY CREDIT....you got a face we got a loan credit.......it LFOWED LIKE WINE!......now it's like a constipated child.
D
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment