The U.S. Dollar: A Six Month Outlook [View article]
Cash is King but your purchasing power is being eroded by the day. The recapitalization of the banks and clearing of the 9 circes of hell is expected to take 4 more years to run through the system. You need to make at least 15% anually (due to infllation and dilution of the dollar) just to stay even, We haven't seen the worst of inflation yet, due to the poor economy many price increases havent been passed on to the consumer yet which make matters worse for stocks since companies profits are being squeezed and wil leed to a still lower stock market. The pundants and brokerages will spin that theres always money
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Cash is King but your purchasing power is being eroded by the day. The recapitalization of the banks and clearing of the 9 circes of hell is expected to take 4 more years to run through the system. You need to make at least 15% anually (due to infllation and dilution of the dollar) just to stay even, We haven't seen the worst of inflation yet, due to the poor economy many price increases havent been passed on to the consumer yet which make matters worse for stocks since companies profits are being squeezed and wil leed to a still lower stock market. The pundants and brokerages will spin that theres always money
Jul 03 22:00 pm
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