Originally posted by Barry A.
Quote: | Originally posted by Bajaboy
Quote: | Originally posted by Barry A.
Quote: | Originally posted by comitan
DK
Why is the stock market doing so well with Obama president . Ok just to make you happy I'm not that happy with Obama and there are many more of us the
same feeling, it just comes down to the lesser evil. |
I'm not David, but to partially answer your question-----traders in the Stock Market love stimulous short-term as they can make a LOT of money trading
the volatility, and that makes the Market go up, and go down. This is NOT true Capitolism, tho------it is a horrible distortion of the Market and
free market principals, and the foolishness of it all will come home to roost one of these days, as it always does, and has done in the past. Most
business's will not hire, or invest in plant under these distorted and confusing circumstances, thus the economy is stymied. Under these
circumstances, forget "value" and go with "growth" and Mega-Caps and the distortions of the Market if you want to make money short-term (up to
possibly 18 months or 2 years). Long Term it's mega-caps, for now.
That's my take, anyway.
Barry |
What's fascinating to me about this decision is that 11 of 12 FOMC governors voted for this. Now Barry, with all due respect, I'm guessing they have
a bit more insight with the economy than us simpletons....unless of course you watch Fox News...and then...well all bets are off..... |
Yeah, well, we will see BajaBoy-------you may be right. My wisdom does not come from within, or from Fox News, but from CNBC's guests and commentators
as well as my Financial Guide/Advisor, who is a billionaire. The academics on the FOMC worry me, that's for sure.
Barry |