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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (146763)11/5/2014 9:36:48 AM
From: Road Walker  Read Replies (1) | Respond to of 149317
 
Deflation elsewhere is actually good for the consumer, even though we like to pretend it is not. I personally love lower gas and food prices, if I can get them.

Deflation is anything but good, for anyone. Look at history. Even very recent history with property deflation. Don't even go there.



To: RetiredNow who wrote (146763)11/5/2014 9:46:53 AM
From: Road Walker  Read Replies (1) | Respond to of 149317
 
Maybe a fool's errand to predict the markets, but since the Fed is the only game in town and fundamentals don't matter anymore due to excessive Fed interference in the markets, the only way to guess the direction of our stock market is to guess what the Feds going to do.

Record earnings, record stock market. Not hard to figure out.

If you want to go with the Fed engineering argument you need to add an additional step: Fed easing = increased corporate profit = stock market rally. And then you have to explain why Fed easing equals record corporate profit, and have it make sense with what else is happening in the world. Not easy, I haven't seen a good argument from anyone.

As to the election, virtually everyone and everything I voted for lost. So I'm not the one to ask.



To: RetiredNow who wrote (146763)11/5/2014 9:49:54 AM
From: Road Walker  Read Replies (1) | Respond to of 149317
 
So, with this election firmly in your pocket, I guess you're now responsible for everything that happens for the next couple of years?