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Politics : President Barack Obama
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To: RetiredNow who wrote (115047)6/9/2012 5:14:14 AM
From: Road Walker  Read Replies (2) of 149317
 
Well, the SP500 is down over 100 points from its high and it's rallying on the hope for more Quantitative Easing from the Fed. Do you honestly believe that this is a healthy stock market? Hmmm.

I'm just sayin' that if the collective wisdom of the market participants saw what you see in the near future, it would crash not rally. I've always had a lot of respect for the markets predictive abilities. It generally doesn't fail unless there is a totally unexpected event (9/11). And yes it's pricing in a bit more risk these days.

Did you read Teds article about the healthier US private balance sheets, both corporate and family? That's good news. We're mending ourselves.
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