Stocks Turn Higher as Crude Tops $100 a barrel- AP
"Stocks are closing higher for the first day this week, as rising oil prices offset worries about the global economic recovery.
Or how does this yhoo headline make any sense? what does rising oil have to do with health of economies? It's a speculative feeding ground, a toy for the money boys.
Here is the reality that I see, 700,000 jobs have been created by the "recovery" SINCE QE2, and if you divide them into the FED $600B QE2, they were born at $850,000 a piece! But wait, I showed you how 600,000 of these are most likely part time people put back to full time.
People taking almost ANY job they can, so many people out of work for as much as 2 years or more....they become LOST, no longer counted, invisable to employers who don't like hiring someone out of work for so long, how do they not sound desperate or pleading when doing an interview, if they even get one?
And MOST of the time these newly hired are woking for MUCH less than before. They fall behind UPTEEN bills, many losing their homes, their way of life may be changed forever. SO MANY AVG PEOPLE upside down in homes, no longer having equity, so many not able to retire or sell and downsize to retire like they had planned....this is one big cluster bang. May I also point out that MANY MANY (MORE THAN ANYONE WILL SAY) have been TAKING OUT of their retirement accounts....some taking 50% or draining it completely....that is the reality the avg American is faced with......not a free lunch as has been handed the Banksters.
Those in power aren't leveling with the people, and or they have not a darn clue as to what the avg persons life is like.
Those who cannot afford to LOSE, who don't own stocks....are getting flayed by FED ZIRP policy, savings get NO RETURN! what to do?
GOld, Silver, OIL markets are going through WILD swings....what to do....what to do. 10 year notes instead of RISING with recovery stand near their lows 3%...really 3%? no thanks, but that may be as good as it gets....in a normal recovery we aren't even talking about such things.
Employers are in driver seat, WHO is getting a raise? can you borrow against your house? What young person wants to BUY after what they HAVE SEEN.
All this effort, and by the FEDS own admission, they meant to stoke the stock market, they targeted the stock market....IMHO this and how we got HERE, an historic stock rally against a MYOPIC economic landscape...doesn't smell nor feel right to me..
I would TRADE IT..borrow it for a day, a week....not as an investment, no thanks.....the voting machine is broken, people don't trust it...when you LOSE TRUST...it is very hard to gain it back...maybe a generation.
Hey, stocks could mount another rally, if QE2 ends and fades away and the world doesn't end, that may embolden some......the market is supposed to discount the known and the unknown.....well it used to....
HFT computers don't even need humans anymore.....faster and closer to wall street the better....like free money.
Banksters win, you lose, NO ARRESTS, NO PROSECUTIONS OF COURSE....NO ONE SENT TO JAIL for the crime of the century, if not longer....it appears like they got away with it.....did they?
Is the Gov't serving the people, or are they serving them up?
Duratek
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