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GUS100CORRINA
2 Comments
Inflation: CPI vs The Market [view article]
Yes ... on the surface short term commodity declines fly in the face of gov't data. Has anyone tracked price increases at Wal-mart over last 12 months. For example, last year I could buy a gallon of Milk for $1.60-$175. Today it cost $3+. Not sure we can believe anything gov't is saying. In fact, based on things I buy, inflation looks to be north of 25%!!! Aug 19 10:13 PMDow 30 Performance Since 7/15 [view article]
It is amazing when the lender and buyer of last resort ... the FEDERAL GOV'T OF THE UNITED STATES ... decides to begin buying equities, i.e., FNM, FRE, etc. We are going to look back on this time a era of extremely bad judgement. How can BAC and C show stuning performance when they announced huge losses?? Just boggles the mind. Jul 24 01:17 PM