Seeking Alpha

Ermilo » Comments » HBC

  • Playing the Market as Delinquencies Continue to Rise [View article]
    I personally find this article interesting. I agree with the Federal Reserves chart, and it is apparent that the general American consumer is in debt. However because of the elections, the marekt in general will probably not fall like others have stated. However, the REALITY is grim for the USA.

    Markets are not rational, and I don't care what a candlestick or Stock chart says.....fundamentally... are in a big crisis, this is slowly unraveling. The rich get richer (using derivative investments) while the middleclass losses their assets (stocks,bonds, and real estate investments) and the poor just lose money (C.D's, Saving accounts).

    I wish you all the best.
    Sep 02 11:32 am |Rating: 0 0 |Link to Comment
More on HBC by Ermilo
Comments by Ticker
Ermilo's
Comments Stats
28 comments
Rating: 0 (0 - 0 )