How to Play the Real Story Behind Earnings [View article]
You miss the point as to what's going on. Companies trim down their expenses to be profitable. That is step 1. Does it mean the recession is over? Hardly not, but we've taken the first step which is improvement in earnings. Only when they stablize will you see companies begin to rehire offsetting new hires with increase in revenues. Do you think everything will happen overnight? Unemployment is a lagging indicator for a reason. Look at the temporary staffing companies. If you see an increase in their business then that's a sign of a real recovery. Temp staffing numbers represent a leading indicator. I don't think we we're heading lower because honestly we're not up so high as is. The market tends to overshoot both ways so if anything we still have more to overshoot.
The Bailouts Are Doomed - All of Them [View article]
overtaxed42long,
You're right, Ron Paul was the only candidate worth a vote. We should heed his advice on foreign affairs as well. Unfortunately the majority of our once great country are either complicit, fools, or easily hoodwinked.
Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor? [View article]
When the CEOs were making millions and millions during a good economy, worker's salaries stayed relatively the same, they just were extended more credit as a way to bridge the gap between the haves and have nots and to put themselves in debt. Now that the balloon is deflating the average american's assets are probably down 30-40% and their debt is exactly what it was before. The auto industry is just an microcosm of what is wrong with our country. Privatise earnings, socialize risk, shaft the middle class. A free market is always bound to get greedy. Why pay an American an honest wage when a company can outsource it for cents on the dollar? The citizens of a country with the highest standard of living in a truly free market stands the most to lose. Our labor force is looked at as overpaid and underperforming by world standards. We're accustomed to living a certain lifestyle, hence the pain we're feeling right now.
If a Bubble Bubble Bursts Off the Balance Sheet, Will Anyone Be There to Hear It? [View article]
How to Play the Real Story Behind Earnings [View article]
How Stocks Perform After Being Added to the Dow [View article]
The Bailouts Are Doomed - All of Them [View article]
You're right, Ron Paul was the only candidate worth a vote. We should heed his advice on foreign affairs as well. Unfortunately the majority of our once great country are either complicit, fools, or easily hoodwinked.
Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor? [View article]