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Non-Tech : Kirk's Market Thoughts
COHR 194.01+4.1%Jan 6 3:59 PM EST
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To: GROUND ZERO™ who wrote (2890)3/17/2015 11:05:05 AM
From: rdkflorida21 Recommendation

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Kirk ©

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May I interject here. What we have "is" normal. A lot of money chasing a product (stocks) in dwindling supply. From what I have garnered from my surfing many sites is that there are fewer stocks to buy. Even with slowing profit growth we will see higher stock prices as multiples grow. Also consider that computers, robotics, high tech in general has increased production/productivity. This has left many behind, i.e. the unemployed/underemployed. IMHO, this will continue. And remember that over supply causes a reduction in price. The "price"/cost of money in oversupply is interest paid. Interest rates will remain low for much longer than most think, IMHO. Now look back at the unemployed. Most are now off of the "dole" so how are they surviving? I imagine some will turn to crime, but most will become part of the cash/underground economy. It seems no one is willing to discuss this. Anyone care to speculate on how big this economy is?? Just some ramblings from an old guy that sees all of the above in everyday life. Thoughts? RDK.
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