The Fed will start another round of money printing on any real weakness in the markets. Count on it!
Every 10 cent drop in gas prices is $10 billion back into the economy. There is no bad news in this story. Biggest beneficiarys are airlines and truckers.
Much talk about this v-shaped move in the market failing. Not so sure. Easy money works. Still finding many more stocks and groups in the negative column than in the positive column…even with this recent move up.
Gold and silver sink deeper into the abyss. The gold bugs never give up though. Rule #1…never fight the trend and for the better part of 3 years, these areas have been bearish.
This administration remains a jumbled mess. Blasting the head of Israel while currying favor with Iran…different rules for different people on Ebola…a refusal to do what’s logical to protect the folks…a clear disregard on transparency and the treatment of any one who has a differing opinion…and that’s just this week.
Speaking of this administration, they are now looking to lower the standards on getting mortgages with some mortgages with just about no money down. Yup…that’s worked well before. Insanity continues to rule the day in Washington.
In case you forgot, an election will be held next week. My bet is the Republicons take the Senate over the Democraps. Nothing will change though as this Prez will enact whatever he wants. Never knew a prez could have so much power without the house and senate.
Watching my Knicks down 33 points to the Bulls as I write this. Just another crappy year coming up. Chicago is stacked and if they stay healthy, they win the east over the Cavs and lose to the Spurs in the finals. The Spurs are that good.