Off-Topic: Uh, not exactly.........
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Name:   MartiniMan The author of this post is registered as a member - Email Member
Subject:   Uh, not exactly.........
Date:   6/7/2013 2:37:59 PM

You do realize why Wall Street is reacting this way, right?  You do understand it is not exactly a good thing, right?  Of course you don't but then again most liberals really don't care about what happens to the lower middle class, working poor and unemployed that don't benefit from the stock market.

So let me educate you because you are economically illiterate.  WIth the less than stellar job numbers......you do realize that they are pathetic for a so-called recovery, right? Of course you don't.... the reason Wall Street likes these numbers is that they know the Fed will continue to buy bonds and artificially keep interest rates low and pump dollars into the system.  The problem of course with this is two fold.  First of all, if the economy shows a sign of actually improving the Fed will slow down and there will be a correction in the stock market.  Counterintuitive to the economically illiterate but it just be's that way with artificial bubbles.  Second of all, and obviously related, is the specter of inflation as a result of the trillions of dollars the Fed has pumped into our system.  That too will cause a spike in interest rates as the Fed combats inflation and hence another reason for a correction.

The best way for the stock market to have recovered its losses would have been through robust economic growth but that is not going to happen as long as we have SOTUS/TOTUS in the White House, Obamacare on the horizon and Dems in charge of the Senate.  This is an artificial bubble and like they found out in most of Europe unless you carefully manage the transition off the Fed's pumping it will not be pretty.  Just ask Japan and their lost decade.
Other messages in this thread:View Entire Thread
MORE NEWS TOO GOOD FOR GF - MartiniMan - 6/7/2013 9:21:27 AM
     MORE NEWS TOO GOOD FOR GF - GoneFishin - 6/7/2013 10:33:06 AM
          MORE NEWS TOO GOOD FOR GF - MartiniMan - 6/7/2013 10:38:43 AM
               MORE GOOD NEWS FROM GF - GoneFishin - 6/7/2013 1:48:29 PM
                    Uh, not exactly......... - MartiniMan - 6/7/2013 2:37:59 PM
               MORE NEWS TOO GOOD FOR GF - MrHodja - 6/7/2013 3:11:49 PM
                    MORE NEWS TOO GOOD FOR GF - MartiniMan - 6/7/2013 4:52:10 PM



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