Name:   MartiniMan - Subject:   He was crowing about the stock values?!?!? Date:   12/31/2014 11:54:47 AM

Now I know why I am not reading his posts and that confirms his economic illiteracy, not to mention his total disregard for the working poor and middle class that have been left behind while Obola's crony capitalists rake in the billions.  Yes, the market is up because of the ongoing distortions by the Fed, which cannot go on forever.  When their latest QE ends and interest rates rise there is going to be a big correction, possibly as much as 30%.  There is a reason the only money I have in stocks is in my 401k and IRA accounts, which I will not be forced to use for many years.  There is no fundamental reason for the rise in stocks other than they aren't money losing bonds or 0.25% interest rate on money market funds.  When both of those shift as the Fed stops pumping money into the system the wealthy Obola types and wise conservatives like us will take the profits and run whilst the smaller investor gets screwed once again.  

Maj, I respect your ability to read economic illiteracy on parade and not have it lower your IQ.....