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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (21340)7/14/2009 10:29:04 AM
From: Real Man1 Recommendation  Read Replies (1) | Respond to of 71456
 
I think Sp500 will continue to be propped, but I could be wrong.
The market sure trades that way. This has nothing to do with
what economists write about, nor did 2002-2007 US bull market
had anything to do with anything but the propping, by major
firms, with derivatives, funded by Fed money. Real incomes
dropped during this so-called "bull market", and so did real
GDP of the United States, even though reported numbers showed
growth. Incomes barely rose, while expenses rose at a much
faster clip.

The multiplier still works for Fed money.