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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: TheBrit who wrote (81063)	11/7/2012 8:33:26 PM
From: jjs_ynot	2 Recommendations Respond to of 103300

So the Federal reserve gooses the stock market and any gain is taxed as extreme rates. Obamacare will already add a 3.8% tax on investment income. So what good is an investment gain if you don't get to keep the money.

To: TheBrit who wrote (81063)	11/7/2012 11:00:42 PM
From: Wayners	1 Recommendation Read Replies (1) \| Respond to of 103300

I don't see Obama mentioned in this headline from March 10th, 2009. That was the key reversal day. Looks like Citigroup gets the credit to me. The markets rallied with the Dow leaping 288 points to 6835 after Citigroup announced that it operated at a profit for the first two months of the year. Nasdaq jumped 71 points to 1340 while S&P 500 surged 34 points to 711. The 30-year bond dropped as the yield climbed to 3.691%.

To: TheBrit who wrote (81063)	11/7/2012 11:01:30 PM
From: Wayners	1 Recommendation Read Replies (1) \| Respond to of 103300

What is that in dollar adjusted terms? Sinking dollar, rising market = fools gold. Food prices have doubled sir. Gasoline prices same deal. Some wealth effect from phoney wealth effect by The Bernanke.

To: TheBrit who wrote (81063)	11/8/2012 8:33:30 AM
From: Mike M2	3 Recommendations Respond to of 103300

Wonderful -the problem is the investing public was indoctrinated with the " buy and hold -I'm in it for the long term philosophy" so the S&P 500 is back to levels first hit in 1999 -2000. Most people were fully invested going to the fall 2008 crisis so for many it is a recovery of losses not new paper wealth. Furthermore, the primary factor in the stock averages " recovery" was monetary inflation- a decline in the value of the US $. The federal reserve continues its policy of fostering bubbles - the Nasdaq/ dotcom bubble of the late 90s followed by the housing bubble now the bond market bubble. the trouble with bubble is they NEVER end well. bubbles distort the demand and output structure of the economy causing a misallocation of resources. The price of gold hit a low of $252 /oz now $1714/oz a near seven fold return.