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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (115213)	7/3/2012 8:50:40 PM
From: loantech	Read Replies (1) \| Respond to of 116555

John I think as Mauldin used to say we can muddle through but I do see some perma bear stuff. Wages trending lower, education trending lower as many cannot afford or do not go to college, greater corporatism where all can get a job at wal mart or home depot or even at Mitts company Staples and actually make 9 bucks an hour if lucky WOW and even move up to maybe 11 bucks an hour, lot of people working part time, bank balance sheets are crap if they used mark to market instead of mark to model, no more cash out refis, internationally countries close to BK, and on and on. So I see more of a spiral down for the middle class and those leveraged on what ever the wrong side of the next bets are. JMO.

To: John Vosilla who wrote (115213)	7/3/2012 8:54:15 PM
From: loantech	Respond to of 116555

businessinsider.com He concludes: “So what am I doing with my money? It is hard to hide in stocks. Even Danone is reporting disappointing earnings; people are so worried they aren’t even buying yogurt. The French auto companies are in trouble. I think gold is going much higher. I am buying energy stocks because I want to own something real. Preserving capital is my focus now, not making money, but I like IBM and Apple. Also some Swiss multi-nationals. If Obama wins in November the market will go down. A Romney victory will create a rally, but once he gets into office he will find there is not much he can do to make things better.” Read more: http://www.businessinsider.com/byron-wien-smartest-man-in-the-world-2012-7#ixzz1zcApz91R