NS, you need some help with clarity. but you really just missed the real issue, Obama's socialism will not work. Yes, printing and borrowing money will prop up failed banks and auto's, but a sustained economic recovery is not in our future. I expect high un-employment thru Obama's first term, easily over 10% for 4 more years. with that level of un-employment how can stocks appreciate? I think best strategy is for solid co's, international sales, and dividends. Possibly returning 4-7% annual. Much higher taxes on income and energy, both bad for jobs and the economy. I wish you would have offered a clearly written summary, but thanks for trying.
Why This Rally Is Unsustainable [View article]
I expect high un-employment thru Obama's first term, easily over 10% for 4 more years. with that level of un-employment how can stocks appreciate? I think best strategy is for solid co's, international sales, and dividends. Possibly returning 4-7% annual. Much higher taxes on income and energy, both bad for jobs and the economy.
I wish you would have offered a clearly written summary, but thanks for trying.