HEY but the market is moving higher......get on board the GRAVY TRAIN??!!!! Underneath the move is weak demand, tepid volume and laser like stock selection.....not BROAD BASED, NOT BACKED BY IMPRESSIVE VOLUME.
You can print NEW MONEY to take the place of the old money, gold should be at $5,000 an ounce not $1,600 but it was $300 when this mess began in 2001.
OFFICIAL unemployment still near 8.5% 3 years into "recovery", things just don't add up for me. 3 years into "recovery" FED keeps rates at 0%, savers get zilch, investors little choice but equity risk markets and yet......the low volume and partial participation continue.....have the gamesmanship and 2 bear markets caused a large group to exit and not return?
HFT makes up 50% or more of daily volume, in the old days a vote for a company used to be an individual share bought, now computer programs seek out little divergences and trade for pennies of a move....not what you would call commitment.....10 year bonds yield slightly north or south of 2%.....who can live on that?
Dem's want to give it away, tax it away, Repub's want to protect their bourgeoisie constituency and won't allow any discussion of taxing the ULTRA WEALTHY more than current rate.
CEO'S use to make 7-10 X the avg worker.....now it's 1,000's X more......every share you buy then puts the money into the pockets of the insiders with MILLIONS of shares VERY HAPPY to cash their 0 COST paper shares for your hard earned capital.
Politicians can PROFIT from INSIDER INFO, but they will out YOU in jail for same.......apathy.....no one in any party offers any real difference, choice or new ideas.
Where does all this lead us to?
D
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